Pipping_tactician's Trading Plan
What % of your trading account are you willing to lose before you stop trading?
%
25
20% max per month
How much risk, as a percentage of your account, will you take on a per trade basis?
%
4
1-3%
What is your attitude towards risk?
measurable and scalable
How much of your account or portfolio will you have at risk in total at any given time?
%
45
no more than 10%
What kind of peak-to-trough drawdown are you willing to accept?
i tend to make more with slow and steady but at time i do get winner of news trade
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?
avoid trading more than 2 correlated pair at a time with no more than 5% capital at risk for the 2 pair.
But if your system is telling you all the confirmation, why not just do it.
Leave A Comment
Please sign in to comment.