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Old 2009-04-24, 08:50 AM   #63 (permalink)
rsmereka
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Trading Live with:
Forex Hacked(Copier), Forex Strategy CAD1(manual)
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Quote:
Originally Posted by jerrycollie View Post
Hi Rick,
Thanks for the sound advice. I tend to keep bumping up the size of my trades and then bang! I thought the advice from Fapwinner was too aggressive. 20 or 30%??
IMHO, all of the published settings that I have seen are way too high. Even the defaults upon installation are high. 5% for FAP Turbo is too high especially given it tendency to hit the SL. MegaDroid's default is way too high at 10%.

After yesterday's near miss with FAP Turbo, I have reduced the risk in my live account of both FAP Turbo and MegaDroid to 3%.

Rick
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