Regardless of someones skill level they can have a string of losses. Some reasonable risk level should be chosen. My personal suggestion was...
There is this great program called Market System Analyzer. It allows you to run tests with all kinds of different position sizing methods. You...
id stick to 1% capital at risk per trade. I would not go above 2%.
Clarification. I am getting 800-1200 based on 2 to 3% of 40k
Thanks all. Yes I have been doing monte carlo simulations to see pobabilities at diferent confidence levels. I use MSA Market Systems...
Thanks So basically try to limit your risk as best you can so you can sleep with it at night. Try to diversify as much as your capital...
I have ready in multiple books and online that 2% of capital risk per trade is a good acceptable leve. Once you start going over say 3% your...
I see lots of systems backtested on a portfolio of Futurers, Crude Oil, Coffee, Sugar, Soy Beans etc. Do you not have to worry about the possible...
I have been doing lots of reading on system design testing etc. I thought it best to try to learn as much as possible about Money Management, etc...
Separate names with a comma.