Here are a few models I知 using. I致e broken down my account as follows.
3500*.05=175/10=17lots
/15=11 lots
/20=8 lots
/25=7 lots
3500* .03=105/10=10lots
/15=7 lots
/20=5 lots
3500*.02=70/10=7 lots
/15=4 lots
/20=3 lots
/25=2 lots
/40=1lots
I will then try to apply the above into my trade based on what I believe to be the risk level I wish to take. If I hit my daily goal, and lets face it finishing the day up is a nice goal then I stop trading. If I see that I知 doing well. I値l reduce risk level to the .02% range. If I plan to hold I値l also reduce position size and allow the risk to still be with in parameters. This is how I was able to show a negative pip value for the week but still bring in a little money. I知 still trying to refine this concept and have a ways to go. I also do not need hundreds of pips to be profitable but the key is consistent wins. I知 not going to run out and trade 17 lots as I知 not even close to that level yet. I also think a smart concept is to reduce size after a string of hits. The get even mentality most likely has blown out thousands
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