The OP makes a good point that if you always use max leverage, your odds will be against you as your losses will always be at a higher leverage than your previous win. The solution is simple. Use the same trade size until you have a net win streak of 3-4, then up your leverage slightly.
Ideally though you will eventually reach a point where youre not always pushing the envelope when it comes to leverage. Dont get greedy guys
Be smart about stop losses. If your next trade is going to last 4-6 hours, dont make the SL 100+ pips. And as a general rule your price target should always be larger than your SL
These are just common sense things that make a big difference
Ideally though you will eventually reach a point where youre not always pushing the envelope when it comes to leverage. Dont get greedy guys
Be smart about stop losses. If your next trade is going to last 4-6 hours, dont make the SL 100+ pips. And as a general rule your price target should always be larger than your SL
These are just common sense things that make a big difference