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funny you cite statistics and probabilities.

Let us suppose the market is random, you have 1/2 probability of making money on any particular trade... let's say you take 3 transactions per...

Thank you soo much. That is like what I was searching for more. Your insight in to volatility is to correct SL is of help. Enjoy it.

No I exchange more often than that. Perhaps you are right. 5 percent is far too much. After reading the remarks I am starting to realize that it was likely both. System and Acceptable Drawdown.

Thanks for this. I try not to exchange EUR/USD becuase I am not sure if I understand the background of EUR.

Please specify clearer pairs.

I try to steer clear of trading pairs with...

Thanks.

May I ask you to elaborate on that. 90% chance of winning .... Not equal to profits.

I'm new to trading so I'm trying to have the ideal plogical mind set for this.

I left a transaction yesterday by shorting USD/CAD. The error (and I'm not sure how to fix this yet) was the...