Quote:
Originally Posted by jerrycollie   Megadroid V1 made another trade on 4/22 at 22.54 for a gain of 12 pips.
Now we know it can trade; the question is, can Megadroid make enough small gains to pay for the inevitable big loss? |
My live account made one trade last night for a 14.8 pip gain.
The keys (IMHO) are:
1. Be consistent. Don't keep changing the risk.
2. Don't put the risk any higher than 0.05(5%), preferably 0.03(3%).
When the inevitable loss(es) strike, you will be able to weather the storm and a much smaller percent of your account will have been lost. Yes, your account will accumulate at a slower rate.
Rick