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How much percentage to place a trade

Discussion in 'General Forex Talk' started by uncletrumpet, Nov 9, 2007.

  1. uncletrumpet

    uncletrumpet Private

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    Hi,

    I want to ask the best Usable margin percentage to trade the forex. Is it advisable to use at least 40% to trade or just 10% to place a trade. Someone should help please.
     
  2. No Time

    No Time Private, 1st Class

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    Yo uncletrumpet,

    This thread should be in the general forum I think...

    Not sure if I understand your question, but...

    One of the cornerstones to money management in this business is not to risk more than 2-3% of your available margin on one trade.

    If you risk 40% margin and the trade does NOT go in a favorable direction, you could lose up to 40% of your $. 2 1/2 losses in a row and see ya later.
     

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