DislikedHey Vic
Thanks for the MM explanation, the only question I have is, say you have 5 positions and you work out your 2.5% and divide it up, what if you then see another position and want to enter, do you avoid it because you have are already risking your 2.5%?
Also is there an EA that can automatically work out your mm for you when you enter trades.
Also if you only have one trade a day do you risk the full 2.5% on that trade
And is the 2.5% calculated after every trade or daily from your account size.
Just realised thats more then...Ignored
2.5% = 5 slots
Your trading system ( Ichimoku ) will give you a way to move your SL with the position and once your SL is BE this position is out of your risk calculation and you can start looking for a new one ( once a slot is free u have to fill it ) .
Never trust an EA , your brain is the best thing to manage your money .
Try always to divide your 2.5% into several positions, don’t rush in and put all your eggs in one basket ( divide them on the 5 slots )
I think you can now very easy calculate your 2.5% , it doesn’t depend on a certain period of time it depends on the free slots of risk you can use ( free slot means a new risk is ready )
please feel free to ask about anything
enjoy
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