aaron james
Forum Newbie
Hi Dale,
Just wanted to ask why you use money as risk instead of percentages? is it because your confident about a trade? or your risk money with the same amount like $1000 on all trades? I have some set ups which i feel confident about and wanted to risk $100 instead of $50, will this kind of approach will work in a long run?
I wanted to understand why you use money as risk. This would really help me to decide if I wanted to use % or $ amount in risking. Thanks a lot
cheers,
aaron
Just wanted to ask why you use money as risk instead of percentages? is it because your confident about a trade? or your risk money with the same amount like $1000 on all trades? I have some set ups which i feel confident about and wanted to risk $100 instead of $50, will this kind of approach will work in a long run?
I wanted to understand why you use money as risk. This would really help me to decide if I wanted to use % or $ amount in risking. Thanks a lot
cheers,
aaron