What MM software do you use for your FX MM needs?

europound

Active Trader
May 22, 2015
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but you are taking Risk % out of blue, right?
Like this: mmmm... well today I'd like to risk let's say 4% ish... or so, maybe...
Like this you decide what risk % you will to for next trades?
 

Enivid

Administrator
Staff member
Nov 30, 2008
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Odesa
www.earnforex.com
Ideally, you know the distribution of your strategy's wins and losses, and you choose the optimal % based on that data. But in reality, traders just use the % that let's them feel safe with their current strategy. Usually, it is closer to 1%.

Getting some software to help with this process would be nice, but you still have to have enough data about your trading strategy to calculate any meaningful optimal %.