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Whats your Risk percentage per trade?
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[QUOTE="eyeball, post: 23029, member: 12398"] Think of risk in terms of actual money rather than any particular percentage. If, for example, your expectation for a day of trading is to make $500 ( based on actual consistent experience) and you can and have achieved that on most days, than risking a days profit on any particular trade, no matter whatever percentage, is not highly risky. You may lose today, but comeback tomorrow, presuming a $500 loss does not reduce your trading bankroll to a point at which you must cut back your size of trade. Also , percentages fail to take into account volatility. 2% on some days may represent a full days range, and yet on others. merely a blip on your charts. Ofcourse the most important determinant is your own risk appetite ,or risk aversion. This is a game in which some losses are unavoidable. We hope that our winners will be sufficent to overcome the losses and leave a profit worth the effort and time involved . Good luck. [/QUOTE]
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