You're not far off of a successful money management strategy. Keep in mind, however, that it greatly depends on the rest of the figures, particularly the win/loss %. Take a look at fixed leverage position sizing, it might spark some ideas.

The Best Way To Choose Lot Size

They weren't giving much money out to people that went long on GBPUSD today. Maybe my random lines were in the wrong place. Isn't that a cliche? Hmmm...

What is your favourite indicator and why ?

Wow, you've never lost a trade based on drawing a random line and candle color? Sounds like a kids coloring book.

What is your favourite indicator and why ?

Woot. Keep us posted.

Live Account Trades!!!!

I'm not trying to get you down or anything, far from it. However, a 47% weekly drawdown combined with "doing this for a living" should make one pause. It should, most of all, make you pause.

28 Levels to 10k...

Ah ok, you just state it like it has been published in some well known book or something. My apologies.

Low Risk, High Reward Trading Experiment

Has this been published?

Low Risk, High Reward Trading Experiment

Relax fella', go play the Penguin game.

Question about Dial's post on asymetrical leverage

Equity from $196 to $103. 47% drawdown in a week is just plain ole' no good.

28 Levels to 10k...

I'm sure a lot of people will be doing this. Kind of sad to see a small mistake lead to many customers withdrawing their money, but after all, it is understandable. Scary stuff, but goes to show that one should limit their account balance to the ...

Broker is DEFUNCT-HELP!!!

This trade has already been stopped out, unless, of course, the stop was revised.

Low Risk, High Reward Trading Experiment

I have an MT4 live account and I've experienced no problems today. It's been a slow day though so I havn't exactly been glued to the platform.

FXDD down

Try this before you pay: http://forexsystems.ru/phpBB/viewtopic.php?t=819

Intraday Historical Data

Right click your chart, and select Template. If you save your current chart as a template, you may load it to any other chart, essentially "cloning it".

Can You Clone Charts?

Of course Bush won't. That is why he has armed forces, however.

north korean panic ensues..

Gez, do you have ESPN? Or is it ESP?

north korean panic ensues..

From CNN: "The U.S. Geological Survey's Rafael Abreau said the earthquake-measuring agency has not recorded any seismic activity from North Korea. However, South Korean intelligence officials said a seismic wave of magnitude-3.58 had been detected ...

north korean panic ensues..

So you're going to make a "safe" trade and make it unsafe. Am I missing something?

An Idea - tell me what's wrong with it...

While money management is mathematical, it is not the same for everyone. If you think everyone is best off trading 2% per trade, you're wrong. There are systems out there that risk much more than 2% per trade, and believe it or not, they are ...

Noob question about Money Management

I'm not as smart as Phil, so I can't join this argument; however, your "preformance" page on your site is outstanding!

What the heck happened to the EUR this AM?