Hey Wags and Davit,
Personally, I too like to spread my risk with perhaps 2 to 4 currencies and very small trades as I grow my account's equity again due to pulling out funds for emergency medical bills - thus, I watch to keep DD and risk relatively low and using a soft SL level. This is similar to Stock trading strategies to disperse risk in the older traders - that's me ... lol. Thus, middle age or younger traders can take biger risks to build their total equity as they still have a longer time to take more trades on 1 to 2 currencies with an edge to increase probility of P/L :
Critiques are welcome.
Regards,
-John
Personally, I too like to spread my risk with perhaps 2 to 4 currencies and very small trades as I grow my account's equity again due to pulling out funds for emergency medical bills - thus, I watch to keep DD and risk relatively low and using a soft SL level. This is similar to Stock trading strategies to disperse risk in the older traders - that's me ... lol. Thus, middle age or younger traders can take biger risks to build their total equity as they still have a longer time to take more trades on 1 to 2 currencies with an edge to increase probility of P/L :
Critiques are welcome.
Regards,
-John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
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