Hello traders..
Here i'm gonna share my money management and all ears to all advice. This MM works with my strategy and i think it will works on yours too. I start backtesting from August 2018 until Desember 2019 then start a demo account on January 2020. i want to start using real account but one thing bothering me is the 50% maximum potential loss i can't get rid of.
This is the result i got, one thing i like about this money management is i feel like im running a local business without any stress and fear like normal trading sessions i used to do. the problem here is the loss is too much for a month. lets say i start with $100 every month, i will collect the profit or add some dollars to make it $100 again. if you have any thoughts or advices, let me know.
Road to trading for a living
Here i'm gonna share my money management and all ears to all advice. This MM works with my strategy and i think it will works on yours too. I start backtesting from August 2018 until Desember 2019 then start a demo account on January 2020. i want to start using real account but one thing bothering me is the 50% maximum potential loss i can't get rid of.
Attached Image
This is the result i got, one thing i like about this money management is i feel like im running a local business without any stress and fear like normal trading sessions i used to do. the problem here is the loss is too much for a month. lets say i start with $100 every month, i will collect the profit or add some dollars to make it $100 again. if you have any thoughts or advices, let me know.
Road to trading for a living