Smart Trader Strategies
Rule of Thumb:
- Use 0.10 lot per $10,000 account.
- With the ST4Pair strategy, use at least a $20,000 account and 0.05 lots on each of the 4 pairs.
- Limit max orders to suit your trading style
- Set the Stop Loss to 2 times the Average Daily Range (SL=2xADR)
- When choosing a currency pair, check out the weekly results on the blog.
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