Initially I'm going to use 0.1% risk at every trade and my initial target is 1:2. Update: All of my 7 trade went wrong costing me 0.7% drawdown into my account. But I'm going to continue taking trades using this system. My initial target is to ...
I'm not quite sure what you mean by suggesting a good money management system. If you are having 1:1 risk to reward in every trade and have winning probability of 55% then theoritically you will be profitable in longer term but 5% deviation of 1:1 ...