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Money management that will keep you in the game for a very long term.
You need 1000 negative pips to blow $10,000 account trading 1.00 lot (1 running position) or
0.10
0.10
0.10
0.10
0.10
0.10
0.10
0.10 (10 running position with 0.10)
$5000 ll 0.50 lot ( 1 position)or
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05( 10 running position with 0.05)
$3000 II 0.30 lot (1 position)or
0.05
0.05
0.05
0.05
0.05
0.05 (6 running position with 0.05)
$1000 II 0.10 lot (1 position)or
0.02
0.02
0.02
0.02 (5 running position with 0.02)
$500 ll 0.05 lot (1 position) or
0.01
0.01
0.01
0.01
0.01 ( 5 running position with 0.01)
$100 II 0.01 lot (1 position) or
0.01
0.01
