Hello, that will depend on the amount of capital you have for trading. My advice is: "Never risk more than 1.5% to 2% of your total trading capital in any given trade. Why?. Because this will give you the chance to be wrong many times and still conserve enough capital to keep on trading to make it back.
It largely depends upon how you like your steaks cooked. Rare- 20 points Medium - 15 points Well - 10 Points I would stick with that as a starter, tweak overtime. **** Thinking about it further...I trade NQ's and my stop is 20 handles...I also like my steak medium. 20 handles on nq's is about the equivalent of 15 handles on ES hahahahah...so there is wisdom in what I write.
Using Swype on your Android and expecting it to work, it either works perfectly or creates utter jibberish Too many variables to answer sadly.
Yes, but you still have to calculate a stop distance that will hold the line more than 50% of the time, so you have to adjust your leverage in such a way that the aforementioned distance is equivalent to 1.5% or 2% of your total trading capital. This is where AI comes in handy, because it's not an easy equation to solve without it.