Is it a logical question?

Trading Discussion Risk Management Practices
10

I will share my personal experience, but if this works fine with me this doesn’t mean it will work with you.

My strategy generates around 2% to 5% every month based on the rules that I follow below, which can be applied to some strategies:

  1. Lets consider you have an account with 10,000$
  2. My risk reward ration is 1:2
  3. My risk percentage on every trade is 0.5% (half percent) of the total account. (example; I lose 50$ and win 100$)
  4. Use lot size calculator Position Size Calculator - BabyPips.com to make the calculation for each trade.
  5. Only discipline will make you profitable.
  6. If you want to gamble, open another account and leave this one :slight_smile:
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