The only valuable input I read in this thread:
-Trade through a legal structure with limited liability...NEGATIVE BALANCE PROTECTION.
-Adjust your trade size to survive a 1000/2000 pip swan.
-People argue that reduces your grouth (provided youré profitable right?).
-That is correct.
-Hoping your "tight stop" will be "honoured" by the broker on the few seconds before meltdown, is just wishfull thinking.
-In the end of the day: we all need to update our math as an ongoing process.
Remember trading Forex was a business right?
Ever heard of Excell..?
Only pros survive and take the pot home..most will loose it all...some even all their property...
NEUBIES BEWARE..
-Trade through a legal structure with limited liability...NEGATIVE BALANCE PROTECTION.
-Adjust your trade size to survive a 1000/2000 pip swan.
-People argue that reduces your grouth (provided youré profitable right?).
-That is correct.
-Hoping your "tight stop" will be "honoured" by the broker on the few seconds before meltdown, is just wishfull thinking.
-In the end of the day: we all need to update our math as an ongoing process.
Remember trading Forex was a business right?
Ever heard of Excell..?
Only pros survive and take the pot home..most will loose it all...some even all their property...
NEUBIES BEWARE..