DislikedThanks for the guidelines, nomask.
I was interested in knowing the kind of risk management you applied in terms of % risked per trade, to get to that 30%
If I understand you right, you have taken at an average 0.4% risk per trade to get this result. ( assuming 2% max for potential 5 losses)
Thanks again for your contribution
TradeStarIgnored
you're right..i used fixed 0.1 lot for each trade and in the statement i posted my avg.loss is 15 pips..my max.consecutive loss is 10 trades although its got some test purpose entries in that period..anyway ..avg being %0.3 and max would be around %3...just think about it ,i took almost 70 trades but one of them could cover all the losses and put some nice profit on top of the capital..
because its all about being able to build some big legs..although i didn't wait for such big leg to grow ,my largest trade was about 1100 pips and i added 22% of my capital on top when i closed it..