Proper Use of the Risk Multiplier

[Big River Man]

I am just confused with the number 8.25?

[SmartTrader]

I am just confused with the number 8.25?

Sorry, i meant 0.825

[Big River Man]

Yes I see. I follow you @ .68 with my AUD account, therefore my actual true exposure is .75 (which is what I want).

[SmartTrader]

Yes I see. I follow you @ .68 with my AUD account, therefore my actual true exposure is .75 (which is what I want).

yes, thats correct. thats why i said your current risk settings are correct

[arbtrader]

Well, I think This should have been one of the main threads for anyone new to this site to be honest as a first read!

[Mahbub Kafi]

Honestly, which traders use proper money management and risk management policies in their trading! Then never face MC in their live account! You may know, 75% even more Forex traders leave their trading profession within 1^st two years, that means most of the Forex traders are not aware of money management and risk management policies! You need to follow a fixed trading plan.