really good money management my friend? but it takes to long to develop the account to going bigger isn't it? did you put a stoploss things ?? by the way its really nice idea to keep the account and keep trading safely my friend..:)
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I set my risk up to 2% of my every trade. sample: if my balance is $100. and i opened a trade. and if this trade losing my balance, i will close it after $2 loss. I will never wait for a good position
i can not solve this problem . but how? if my math is ( the capital _ spred 4 points _ loss of 30 points ) one day i encountered the second time that the transaction could not be limited to the worst possible.
Trading business is the risky business,so here is risk occurred must be,exact number of % is not calculating for me,it may be 10%-15%,so you should be conscious for this matter.
Do not rush for Live Trading
Impatient, so usually when you start to learn forex. Wanted to trade live with real money to be able to directly profit but ruled out trading demo. In demo trading you can learn to understand the pattern of movement of currency, testing the trading system and also learn to understand the characteristics of the pair that you like. If you want to succeed in forex is not enough simply to 1-2 weeks demo trading.
as now we have known that the best means to safeguard our account usually is to build use of tiny lot and risk 3 proportion our account thus i believe with proper cash management we will learn how to safeguard our account, and stop lose conjointly go a really long means in protecting our account, and trading while not emotion gos an extended a few too
business ik aisa word hai jis ma loss bi hota hai nd profit bi hota hai is ki ikwaja to ye hai k koi business aisa ni jis ma loss ka risk na ho so is liay ma jub bi trade krta hu toy apna 20 % risk ka hisa laita hu ta k mairi rakam bi mehfooz ray
Greeting Traders
i think 10-15% for me as a sclaper myself is very high risk, but no pain no gain as i always say, till i build up some good money then i will move on still dont know what i will do but i will figure something out by time
Thanks & Regards
Good post , I think trade risk should me less than 10% of the capital . But some professional traders are risking more than 10% of their capital to gain more profit . In your a beginner risk less than 5% .