As a rule, you probably shouldn't risk more than 2% of your stake. The next question you're asking (about adjustments) is a little more complex. If you want to go whole-hog on it, you'd probably look up the Kelly Criterion since it mostly applies to ...

[fundamental question] what % of capital should I put per bet?

Care to post another update? Great story and would like to see where you ended up

Full time trading?

Rusty - would love to hear an update from you now that we're more than a year later.

Full time trading?

You should include " . . . and will never hit a stop-loss" You ARE using a stop-loss, aren't you

Is This My Holy Grail EA :D

Great post! I'm also just getting started and this is what I'm focusing on as a key. I have yet to read a post by a succesful, respected trader that says they trade intraday. I'm just watching the dailies, setting my orders and letting them run with ...

Some questions from a real newbie

I'm very new here and maybe shouldn't even be posting. But, it seems to me that if you're worried about intraday trading (you mention the long hours at work that keep you away from charts), you might be taking the wrong approach. I like PeterFM's ...

I have had enough :

This system is VERY similar to what is recommended by BabyPips. They use 5EMA & 10EMA, daily, RSI(14) to confirm, SL=30. You can see it here: url

Simple 5 / 8 moving average crossover

Many thanx for the great resource. I had a question regarding the post you made regarding the letter your friend wrote you about "you don't have to drive yourself crazy to learn the business". They comment on (when starting out) to get rid of all ...

Help for Newbies (Discussion Thread)