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I think that even if your account is small you shouldn't risk more than 1-2%. Come to think about it, that's exactly when you should be as prudent as possible.
I think that even if your account is small you shouldn't risk more than 1-2%. Come to think about it, that's exactly when you should be as prudent as possible.
Could not agree with you more! Not only you should not risk more than 1-2%, but even if you make some serious profits during your testing time, give a little bit time, just in case to lose the “luck” factor from your strategy
I think that even if your account is small you shouldn't risk more than 1-2%. Come to think about it, that's exactly when you should be as prudent as possible.
So, strict stop losses?
What exact win to lose ration with strict stop losses do you have?
As much as he can afford to lose.
As much as he can afford to lose.
Totally agree with you blacking You have to put limits and strictly follow them. Starting with smaller lots is also an advantage, that may protect you. The higher leverage ratio also could be a plus.