Is Forex trading a game?

Discussion in 'Trading' started by Passer's_Son, Sep 26, 2007.

  1. Leverage is irrelevant. Sure it lets people be stupid but its like a gun ... if you don't point it at your head and pull the trigger it probably won't kill you.

    The question is what's the risk between your entry and your stop (+slippage) for each position. Then: what percentage of your account size is that? Under 1% = conservative. 2% = reasonable risk. 5%+ = gun-slinger territory.
    #21     Oct 12, 2007