Me, only 3% per trade (on the paper) lol
Only Trying to manage the Dimensions of trading (lot) by calculating based on stop loss and also place 1R: 1.5R Ratio
Me, only 3% per trade (on the paper) lol
Only Trying to manage the Dimensions of trading (lot) by calculating based on stop loss and also place 1R: 1.5R Ratio
For Day trading, I'll take 2% risk per Transaction
For Ranking Trading, I'll take 5% per trade
1% Max each commerce with tough stops. I am not buying that 30-40% nonsense. Prove it. Together with 1:1 RR and compounded that a 100 million in a year or 2.
Yes you can compound into a low 6 figures although not as far as you state, the broker lowers your leverage by way of a LOT and there's a place in which you cant do that anymore, around 18/20 trades they alter the standing of your account (they update the account AND lower the leverage) after that, you are able to negotiate the leverage BUT it cant be that large anymore (they cap off you ) in other words it works up to a specific point then it destroys itselfOriginally Posted by ;
at least with my broker
by the way, its crap to hit 1:1 consistently?? Its not that hard in any way, maybe you should reevaluate your aproach
For day trading 2% risk is renewable but for all time it's fairly tricky to make sure comparable risk ratio. That is why first of all we will need to ensure real risk handling egy, differently risk ratio can increase at random.Originally Posted by ;
After reading your post history I can not help but note that you talk big but never back it up.Originally Posted by ;
You must technically be billionaire by now.
What is billionaire existence in Venezuela? I am genuinely curious.
What do you feel the risk ratio ought to be for long-term trading?Originally Posted by ;
Read attentively my final post on this thread #25; Also right now im in the process of leaving this shithole state since I finally have the resources to do it, such as my elderly parents (NOT that easy since they need to take drugs, etc.)Originally Posted by ;
EDIT:
I have around 2 years trading full time, I had been profitable ( not that far but was enough for me in the begining) THEN lately I finally processed my trading aproach enough to go for a bigger% risk with little drawbacks. . And the compounding part I left it with 2 accounts, thats why I told my expertise that you CANT GO billionaire as you ironically state
Well; can I understand how many ranking traders usually you open within a month?Originally Posted by ;
It depends on your trading balance and ability. Generally short term trading is quite hard and comprises huge risk ratio and occasionally we can not handle our risk ratio in spite of getting great trading plan. Nevertheless, when it's time to trade using extended term trading that the risk ratio appears always sustainable but of course you have to make sure strongest money management plan, otherwise you can fall a fantastic trouble.Originally Posted by ;