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Soccerhed
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Soccerhed
Is there anyone willing to share their Money Management strategy?
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Aug 22, 2010 at 22:00
I use a table to calculate my lot size based upon 1 lot per $4,000, then set a profit of 5%. This will change to $5000 at my next level, $6000 at the next and eventually 1 lot per $10000 (if I am good enough) I trade 1 pair EURUSD and use a combination of 5 indicators to enter on 1Hr. My indicators all agree about 7 times a week out of about 55 opportunities a month . And never enter in late NY afternoon If the average movement is 1300 points per day, I need 226 out of 1300. Makes it much more doable. We tend to make this so complicated that when we make a mistake or have a loss, we look for ...
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