Money management & lot size

Nov 05, 2022 at 11:29
450 視聴
2 Replies
Dec 30, 2021からメンバー   5 投稿
Nov 05, 2022 at 11:29
Hi everyone,
i'm back at trading with a new strategy only on EURUSD, intradays and daily trading. I would like to get some feedback about a topic; i almost never place stop losses cause i don't want to be cut out from a support or a resistance for few pips. I'm doing quite well at getting getting the trend and when i don't the losing trades turns in profits (even if small ones) in max a week or whatever so i close them.
My account is < 1K € and i don't want to exceed 3% as money management per trade. How can i calculate the lot size if i dont' place stop losses? is there a kinda scale according to the accout dimension that can be used? What do you think in general? Thanks
PERSEVERANCE.
Dec 14, 2022からメンバー   1 投稿
Dec 14, 2022 at 13:18
Great i like your post.
Mar 17, 2022からメンバー   47 投稿
Dec 16, 2022 at 06:27
Using stop loss is necessary not only for risk management but also for money management. Aim at not risking more than 2% per trade even if you think you have enough capital.
Secondly, use a lot size trading calculator for help. Moreover,lot sizes do not depend on whether you are using stop loss or not. So it wouldn’t affect me.
サインイン / 登録 to comment
You must be connected to Myfxbook in order to leave a comment
*商用利用やスパムは容認されていないので、アカウントが停止される可能性があります。
ヒント:画像/YouTubeのURLを投稿すると自動的に埋め込まれます!
ヒント:この討論に参加しているユーザー名をオートコンプリートするには、@記号を入力します。