Hey guys in your opinion how much % of equity one should put on risk per trade in correlated markets.
for eg if i put 2% risk on GBP/USD(Long) and put another 2%EURO/USD(Long) then my overall risk is 4%.
Just to know what you guys think about it and what you guys do about it?
If you want to make a living from trading then you need at least £100,000 war chest to start for. what could be an average return for an average trader? i guess somewhere around 15% per year. Do your math and you will know where you stand. Other possibility is to trader with £20K+ account and...