Hi Harold,
just a question. Today there is many valid signals (long cadjpy, short surcad,eurjpy,gbpchf,gbpjpy,gbpusd).
Let's say at 11:00 you get 2 signals on the 1 hr, short eurjpy and short gbpjpy.
How do you handle this in means of MM, do you take both trades with your usual risk per trade so in fact you have "double risk" (let's say 8% total) or do you trade lover lots when you have 2 positions on so you risk never gets to high, if the 2 trades loose?
Thank's in advance,
PC
just a question. Today there is many valid signals (long cadjpy, short surcad,eurjpy,gbpchf,gbpjpy,gbpusd).
Let's say at 11:00 you get 2 signals on the 1 hr, short eurjpy and short gbpjpy.
How do you handle this in means of MM, do you take both trades with your usual risk per trade so in fact you have "double risk" (let's say 8% total) or do you trade lover lots when you have 2 positions on so you risk never gets to high, if the 2 trades loose?
Thank's in advance,
PC
Less is more...