Feb 14 2016 at 07:33
Its all about 3 things.......
#1. Risk per trade as a % of balance.
#2. Stop Loss in pips.
#3 Target in pips.
The formula is risk per trade % x balance / (stoploss in pips x 0.0001 x pip value)
Target in pips in general should be 2x the stop loss in pips or greater.
#1. Risk per trade as a % of balance.
#2. Stop Loss in pips.
#3 Target in pips.
The formula is risk per trade % x balance / (stoploss in pips x 0.0001 x pip value)
Target in pips in general should be 2x the stop loss in pips or greater.
Feb 15 2016 at 07:30
I agree.
2-3% risk per trade.
Risk to reward of at least 1:1 for target 1.
2-3% risk per trade.
Risk to reward of at least 1:1 for target 1.
He who risks nothing, risks everything.
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