Forex Quotes

“Here is the brief summary of my Routine: Check Your Carts Do the Research Check the Macro Check the Micro Get the Entry Manage the Trade In this section, I thought it would've been appropriate to cover the Money Management aspect of my Trading as well. No matter how good of a Trader you are or how solid is your trading methodology, everything will come to crash if proper money management is not applied. There are many techniques to choose from, I cover the way I do it. It is very simple yet powerful enough to keep me out of trouble. I do not risk more than 3% of my account on any given Trade. For multiple positions, I do not risk more than 10% (combined) of my capital in a 22-day trading cycle.”
― Dave Matias, Forex: Using Fundamental Analysis & Fundamental Trading Techniques to maximize your Gains.