Mark Mark wrote:image.png
Every line is 0.00060 pips
Just use one size and focus on growth:
If your max size is 6 lots then enter for 2 lots (1/3 size).
When you are using "other people's money", and none of your own, then increase your position size:
2 lots -> [Bank of OPM]
2 -> 3 lots = (2/3)xOPM
3 -> 6 lots = (1/2)xOPM
6 pips is your maximum stop loss, if you feel that you can get away with 4 pips or 2 pips then you can certainly try it.
Once you are risking OPM you can risk as much or as little as you want. . .just none of your own money.
Focus on doubling your minimum and maximum lot size:
2 to 6 lots
4 to 12
8 to 24
16 to 48
32 to 96
Moving from max size to a new level (eg 6 lots down to 4) increases your bank by 50%:
if you had 20 pips of OPM at 6 lots then you have 30 pips at a size of 4 lots.
- power_of_doubling.jpg (42.78 KiB) Viewed 9060 times
