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Kamen
Some help would be appreciated
in
New Traders
Mar 21, 2015 at 09:52
This! Your risk management has a fault somewhere. myfxbook calculates the standard deviation of your strategy and the risk of ruin. Be at least 5 to 6 std dev. away from the max you want to lose (asuming normal distribution/left skew)! trade accordingly!
Do you place your money in one broker or divide it?
in
General
Mar 14, 2015 at 14:11
Never use only one1) You never know if they will pay you back (counterparty risk diversification)2) In case your broker has technichal problems (server,...) you can hedge positions with another.but of course it depends on the amount you are trading with - if you have less than 5k stick with one.
Avoid a scam called: SCALPING !!!
in
General
Mar 10, 2015 at 20:16
m8 keep this performance up - you should be a millionaire in a few months/ slightly longer and the billion is in sight...
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