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Originally Posted by Trader83
Dave, do you seggest to use 0.5% risk because of the rest available margin when positions are open, or just to withstand drawdowns wich occcur when MaxTrades hit? Don't you think it is risky to start 0.2 lot, instead, isn't it better when you have let's say 2k account, to split it into two separate accounts of 1k and continue trading with 0.5 risk? BTW, FiboLotSizeProgression can also be used...
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I go with .5% to give it plenty of equity on maxing out orders. Because I am running 3 pairs. Max draw down should be what ever the loss is on 5 open orders. (not much)
You can run 1% on 5k using 1 pair. I did with 3 pairs on demo to push the limmits. Worked out well for 3 months.
Might be good split between accounts.
Dave