Money management & lot size

mtrabucchi96

Dec 30, 2021 부터 멤버 게시물8

Nov 05, 2022 at 11:29

Dec 30, 2021 부터 멤버 게시물8

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.

MaddisonKing

Dec 14, 2022 부터 멤버 게시물1

Dec 14, 2022 at 13:18

Dec 14, 2022 부터 멤버 게시물1

Great i like your post.

Commonition

Mar 17, 2022 부터 멤버 게시물46

Dec 16, 2022 at 06:27

Mar 17, 2022 부터 멤버 게시물46

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.

EURUSD	1.08766	GBPUSD	1.29711	AUDUSD	0.63196
USDJPY	148.613	USDCAD	1.43424	USDCHF	0.8774

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