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1% risk
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peter_fx

Member Since Oct 19, 2019  20 posts peter_fx Jan 20 at 12:05
The amount of risk mentioned here, that is 1%, is good enough. But I don’t think its feasible enough to stick to one risk level while trading forex. The markets keep moving and so we have to adjust ourselves accordingly, only then can we have good profits here.

Marketmultitool

Member Since Dec 19, 2019  61 posts Marketmultitool Jan 20 at 12:49
If your adjusting your stop your entry point was probably wrong to begin with and no real strength behind the move which you can normally see within the first 10 mins of a move ,one has to refine entry points on signals otherwise a trailing stop is recommended if you miss the initial move 20% trailing stop seems to have the best returns for Stocks ,fX depending on the pair and its Vol.

Strength and honor.
EmilioV

Member Since Jun 24, 2019  11 posts EmilioV Jan 20 at 14:30
1 -2 % risk is optimum for me. Any more than that and you can have massive draw downs during bad periods

Marketmultitool

Member Since Dec 19, 2019  61 posts Marketmultitool Jan 20 at 15:13

Wins and losses usually clump together, One large loss effects your emotional state a lot more, which can lead to revenge trading, traders tend to hold losses a lot longer than winning trades which is opposite of what professionals do, it takes time to form the right habits over time it's all practice and sticking to your plan.

Strength and honor.
Flong

Member Since Oct 30, 2019  5 posts Flong Jan 25 at 17:52
Everywhere it seems where people do discuss that percent it's really about that anyway for many many times of it. I do hope it will make it better totally and completely. How we can prolong with that? I do not want to hear some more news about other %.

Treeny

Member Since Feb 08, 2019  125 posts Treeny Jan 26 at 18:37
1% is fine

jaredtaylor

Member Since Aug 05, 2019  30 posts jaredtaylor Jan 30 at 10:34
I also agree with you all that 1% risk is fair enough. Risk is inevitable.

Marketmultitool

Member Since Dec 19, 2019  61 posts Marketmultitool Jan 30 at 11:07
Some use a mental stop loss but you need to be disciplined and sometimes spikes turn into major selloffs unless your really confident of the outcome.

Strength and honor.
Antero36735354

Member Since Feb 11, 2020  5 posts Antero36735354 Feb 14 at 10:32
With such a small risk, the income will be correspondingly small.

Oliver3634

Member Since Feb 11, 2020  4 posts Oliver3634 Feb 14 at 10:48
Antero36735354 posted:
With such a small risk, the income will be correspondingly small.
I also think that the lower the risk, the lower the profit.


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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.