So far so good. This thread gave me a much better idea.
my each day target was $500-$800 profit, and if i lost $2000, i stopped trading on that particular day. 3 to 4 days worth of damage is manageable.
this was my money management setup.
now with this new system that you guys gave me, i have to see whether i should increase each day's profit target or reduce time of work.
let's see for about a month how it turns out.
thanks,
my each day target was $500-$800 profit, and if i lost $2000, i stopped trading on that particular day. 3 to 4 days worth of damage is manageable.
this was my money management setup.
now with this new system that you guys gave me, i have to see whether i should increase each day's profit target or reduce time of work.
let's see for about a month how it turns out.
thanks,