20 pips = 10 percent of account? Who'd trade like that?Originally Posted by ;
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20 pips = 10 percent of account? Who'd trade like that?Originally Posted by ;
I am trying to illue the point that the number of pips you make/lose is not actually all that relevant. It is dependent upon your position size about how much money you will shed - this is the important thing not the number of pips.Originally Posted by ;
Simon
Exactly. It is all about money management. Maintain your danger to 2 percent or whatever you are comfortable losing and it does not matter if you lose 2000 pips. So long as it's part of a well planned and analyzed egy.Originally Posted by ;
Wiz.