Recent content by fortyfiveking

I'd love to only risk .5 % but that would mean I would need quadruple my fund to run the system at this stage. I'd never get it pass the mrs :whistling

Cheers Alex, I've been sticking to the stategy which seems to be working well, 2.5% profit for the first 3 weeks, but its very early days. Ready for the worst case :cool:

Following on from the ealier discussion. Does the 2% rule apply to multiple positions? For exmple.If I calculate that my risk for a single trade is 2lots with a 300pip stop, would the same apply for the 2nd and 3rd trade(the 2nd 3rd positions were also calcuated at 1lot with a 300pip stop) if...

The systems will close the position automatically, I think if I started to use my discrection to choose a stop for each trade it could go horrible wrong lol. I like the fact that I can place my orders (indicated by the system)at the start of the daily bar and just let the system do the rest. I...

It will not be a theoretical stop I have applied it to all order entries. It will aslo give me peace of mind, as mentioned, which always helps. Its tough out there :-)

Thanks for all your Ideas and thoughts. I have backtested the Strategy (system) last night with a fixed stop for all pairs. Using a 300 pip fixed stop, the system performance was not affected (as the fixed stop was very rarely hit) and will allow me to calculate the lot size for each entry. It...

Hello All, Just signed up to today and need to pick your brains on the 2% rule. I have a trading stategy (on 25 pairs back tested over 3 years) that does not have a fixed stop, with positions being closed by indicators. Because of this my loosing trades are diffent amounts. My questions is...