What Is "Proper" Risk/Money/Trade Management?

Hallo traders!
It is my system money management
Like
step 1 1000$ 1% = 10$ 1000+10=1010$ better 3 times make this after
move to step 2 1030
step 2 (1%+25%from 1%) example I got from first step 10$(20$ save pool)
10$+25%=12.5
so I trade 12.5 at next step
1010+12.5=1022.5$
step 3 12.5+ 25% i so on when lose one time stop everything count how much u have left and start from step 1
It much better frisk frisking method which is popular
u need 47 good tradings in row for get mio
Stop losses personalty. I use 10-25pip.
Like if I use 10 pips stop loss so I looking for 10 pips profit and when I get it I move stop to + 10 and let market go same time I got 120 pips lol
With love to trading Alex.
p.s. What I like from my strategy no need high leverage u can trade on ECN
excel file added....

Here is a great podcast discussing sports betting and money management:

http://espn.go.com/espnradio/play?id=8378661

Thank you Kapital.

FX4

Hello Traders,

To my surprise, my threads have been moved to the Commercial Forum (beta). I am discussing the matter with the Administrator (Twee) as I have not put anything out there to FF members for sale. Will certainly make a post as to the outcome of the discussions and my decision.

I will continue to post the weekly wrap-ups on the blog during that time.

Take care,

FX4

Good luck with that. Probably the fact that you have a website, with ads that make you money, from traffic driven there by your signature link is enough to upset FF.

Hello Erebus,

I do not make money from ads on my blog that has traffic driven by my signature link. There re no ads there. As a matter of fact, I have never received one penny from anyone at FF...not e-ver. However, I have had a member send me "hate mail" to try to emotionally attack me to make me fail; have had another member use my name in their email campaign to solicit money. Someone also hacked my servers. It's been a wild ride in some ways, but, for the most part, it has been good. It's just that when you have to tackle such challenges it makes life and trading very difficult.

I will make a decision by the end of this month.

Thanks for the post.

FX4

Hello Erebus,

After reading the FF rules again, it seems as though anyone who provides a service or product to the FX industry "should have" their threads here. I have taught traders before becoming a member here, but have never placed ads on my blog via a signature link (though it has been mentioned occasionally in passing (during the course of a discussion) that I teach). Traders have contacted me via my blog for more information which I have sent for free. Some have asked questions via email which I have answered willingly. Others have asked me via the blog and PM to teach them. That I think is another issue. Will have to see how things play out, but if I continue to provide that service to the industry, this is where I'll be I guess. We'll see.

FX4

A note to readers:

I will be taking some time off from posting here. Will have to see how things work out time-wise with some other recent projects on my plate.

Wish you all good trading.

FX4