DislikedHi there Mr T.
I notice that your acc' balance increased 0.1% with 10 pips profit, meaning your account is 10,000 pips "big".
This seems like a very small amount of risk per trade. Have you arrived at this risk level through painful experience or have your trades been this size since the beginning of the thread?
(Just wondering because one of "my" pips equates to about 1/2000 equity at the moment,subject to change.)
It is my belief that if a pip constitutes more than 1/1000 equity then we're getting into seriously dicey trade sizes but 1/10,000 seems a bit stingey.
BTW. Congratulations on the awesome performance, long may it continue.
Regards,
Ed.
Ignored
I've always used the same risk - stingey, that's me hehe but I wanted to ensure I at least survived my first year & it's worked for me so far
Update - 30 more pips from GBPJPY shorts...
237.69 closed at 237.49
237.56 closed at 237.46
Oct pips: +1838
% bal increase Oct: +16.67%
Kind Regards
Steve