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Re: daiello post# 49904

Friday, 12/18/2009 9:47:40 PM

Friday, December 18, 2009 9:47:40 PM

Post# of 140146
That's the real bottom line...growing the account large.

Then, your money works for you instead of you working for your money.

10% for me meant 10% of my account value. That would usually be a starting position. Then I could figure in two more trades at 100 pip intervals for 5% each. That would usually be all I need. I could risk 20% of my account total but it would usually have to be a really solid trade for me to go in that far.

But now I'm dropping back to 2% of total account value per trade. That way I'm good to go.


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