ChristianBeach posted: 28 pairs!! Wow. How do you keep an eye on all of them and have an understanding enough to profit from them. I struggle to follow 5
I don't trade all 28 pairs at the same time. I just watch for opportunities. I am a swing trader so its easier. If you're a day trader I guess sticking to 3-5 pairs is good (pairs that have high volatility of course). Everyones learning is different.
your leverage is 1:30 with 50k capital and 30% DD. which mean 15k loss, just assume you losing in the beginning.
retailer trader would normally has less capital say 3k with 1:500 leverage, that would give a same margin of 1.5mil. If they would copy your trade with your lot size, they would have burnt their account. How much lot size do you recommend them to trade? 50/3 ratio? when you trade 10 lot, they trade 0.6 lot? thanks
The DD is 16,6% and if you check was with 10k capital meaning 1.6k and it was at the fall of aud that there was a few accounts on aud that survived. We stopped the audusd and we trade only gbpusd with minimum dd. The lot we recommend is 1:100 per capital size.