Replies to post #49904 on Simple's Green Room

[pennies2007]

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.