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I think the rule of sacrificing 2-3% of your capital is always relative and depends torque currency, time, and market volatility, me personally I practice of scalping and sometimes I find myself speculating as 0.5 months % of my capital, while in some cases I speculate more than 20%
the golden rule is always to master the strategy being used and follow the news and choose the right time to open a trade, if you are 90% certain the trend of price why not take a large volume and gain and $ 3 on each pip is called a calculated risk
very important information main thing is capital,, ,trade with mini lot and reduce the risk of losses,,
thanks
i notice your steered cash management set up is useful for newbie particularly, in addition as swinger trader. however personally, its not applicable to all traders in general - particularly for scalpers. ( after all, i'm solely referring to intermediate and advanced traders ).
be a treder the best is not eazy bro... you have to can control your emotion and your ambition,,,, all you have to control,,, if not,,, ready ready to loss bro....
Every Experienced trader will tell you that you should follow only a minimum of 2-3% of risk on a single trade and you all the trader think that it is too small and you will earn very less profit.
I agree with you and also with the experienced traders which say risk only 2-3% but what the most experienced traders and the beginner trades don't know that you can increase your profits by risking only 2-3%. And this possible through ARS MONEY MANAGEMENT SYSTEM.
hey the rock you really rock to do this great article
sometimes we have to sabar untuk meraih the winner.... you have to lern lern lern againt againt.... mane seng sabar yoo nang.... okay okay
:good:maz eko :good:
hi moderator i am new here and till now am not got approved please approve my account i will be glad to see ...thanks..
It sound like a good management plan but i think that the size of the lot depends on the trading style too , scalpers use much bigger lots than long term traders , especially these who trade stock for months , thanks for sharing .