Have you ever been scared using big lot size even when you know your trading strategy is 80% accurate.
Offcourse because bad decision and the bad trade takes out the money from my account.
Then the problem is to get back even.
To get there I think about even larger lot size but then the trade signal does not look like 80% accurate.
Fingers start to tremble a litlle bit.
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I still scared every trade. Last 6 months though I believe in myself and my tp and sl
80% accurate but what risk/reward?
My risk/reward is 1-3% but sometimes it vary depends on the support and resistance level.
I can relate.
No. Because I trade in %s. So no matter what my lot size is, I only ever risk 1% of my account. Which in the whole scheme of things is absolutely nothing lol. Just 1%.
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1-3% risk for what reward?
Reward, 5.
OK and how long have you been trading?
A year plus now