Mukhriz's Trading Plan
What % of your trading account are you willing to lose before you stop trading?
%
30
Not more than 10% a day is my maximum limit for a losing trade. Normally I will only risk up to 3% per trade.
How much risk, as a percentage of your account, will you take on a per trade basis?
%
5
3% risk per trade. Maximum being 10%.
What is your attitude towards risk?
I risk as much as my equity can hold but will never risk more than 10% each day as my maximum limit.
How much of your account or portfolio will you have at risk in total at any given time?
%
25
3% risk per trade. Maximum being 10%.
What kind of peak-to-trough drawdown are you willing to accept?
%
20
It depends on the market, but the most will be 10%. However, I'm immune to roller coaster rides with a G-force of a jet fighter.
Having multiple and/or correlated trades can alter your entire risk profile. If you're trading in this manner, how will you manage your net currency exposure and/or correlation risk?
Normally one pair per trade until it closes or hit my desired target.
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