The amount of risk mentioned here, that is 1%, is good enough. But I don’t think its feasible enough to stick to one risk level while trading forex. The markets keep moving and so we have to adjust ourselves accordingly, only then can we have good profits here.
If your adjusting your stop your entry point was probably wrong to begin with and no real strength behind the move which you can normally see within the first 10 mins of a move ,one has to refine entry points on signals otherwise a trailing stop is recommended if you miss the initial move 20% trailing stop seems to have the best returns for Stocks ,fX depending on the pair and its Vol.
Wins and losses usually clump together, One large loss effects your emotional state a lot more, which can lead to revenge trading, traders tend to hold losses a lot longer than winning trades which is opposite of what professionals do, it takes time to form the right habits over time it's all practice and sticking to your plan.
Everywhere it seems where people do discuss that percent it's really about that anyway for many many times of it. I do hope it will make it better totally and completely. How we can prolong with that? I do not want to hear some more news about other %.
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