isaaclimsc's Trading Plan
What % of your trading account are you willing to lose before you stop trading?
I presume the stop trading means taking a break. I'll take a week break when I have 3 straight losses or 10% of my trading account.
How much risk, as a percentage of your account, will you take on a per trade basis?
1%.
What is your attitude towards risk?
Protect capital.
How much of your account or portfolio will you have at risk in total at any given time?
5%
What kind of peak-to-trough drawdown are you willing to accept?
10% of trading account.
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?
Yes. Limit to max of 3 trades with 1% risk.
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