Do you calculate your risk per trade on your balance or on your equity? Sometimes equity can become much bigger than your real balance and it could get you in a trade with a bigger size then expected and become a winner...what to do?
1 trade per pair per year 6 replies
I woud start by looking around here then Van Tharp Trade your way to financial freedom, and Kelly Ratios also investigate sharp ratios.
just a suggestion
DislikedOur total risk should not be above 2%. Now it could be 2% in a single position or all the open positions. Some traders take 2% risk per trade then open 5 trade which becomes 10% risk. We should not do this type of mistakes.Ignored