DislikedI have no doubt in the power of this method, but I've always wanted to know... how much are people willing to risk per trade on this?Ignored
I am more than happy to trade 2-3% of my account, when it is trending nicely and I get good PA off some support after a dip, and the other higher TFs tell me that a direction is confirmed to resume a trend, then I may just get a little more on the table and risk up to 5%, but no more than that. In the event that im right I will have a position that is earning me twice what I would normally risk and perhaps the Pip risk is such that it has also allowed me to load up, the potential reward is great compared to my risk so in the event im wrong, ive lost 5%, in the event im right the rewards can be far far greater.
Razor