<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/RISK-MANAGEMENT-POSITION-SIZING-01012018.png"><img class="aligncenter size-full wp-image-11658" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/RISK-MANAGEMENT-POSITION-SIZING-01012018.png" alt="" width="1326" height="1242" /></a>

&nbsp;

&nbsp;

&nbsp;

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/FX_Weekly_Excel_Premium.png"><img class="aligncenter size-full wp-image-11538" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/FX_Weekly_Excel_Premium.png" alt="" width="310" height="115" /></a>

&nbsp;
<p style="text-align: center;"><span style="font-size: 18pt;"><strong>RISK MANAGEMENT:</strong></span>
<span style="font-size: 14pt;">MY POSITION SIZING from TRADE SET UPS</span>
(This document refers to the excel spreadsheet titled RISK MANAGEMENT)</p>
&nbsp;

<span style="font-size: 12pt;">An explanation….</span>

<span style="font-size: 12pt;">Firstly, this is NOT an instruction.</span>

<span style="font-size: 12pt;">RISK TOLERANCE is a very personal thing when it comes to trading. My RISK TOLERANCE could be larger or smaller than yours.</span>

<span style="font-size: 12pt;">We all have different Financial situations and our Broker Accounts are all different vis-à-vis our trading balances.</span>

<span style="font-size: 12pt;">Therefore, please DO NOT treat this as something in tablets of stone. You MUST adapt this to your trading style and most importantly your RISK.</span>

<span style="font-size: 12pt;">This year (2018), I have introduced another trading style (MOMENTUM TRADES) to try to keep my trading adaptive and fresh to the marketplace and also meet the needs of my subscribers.</span>

<span style="font-size: 12pt;">The POSITION SIZING TABLE (excel spreadsheet) emanated from the fact that some subscribers wanting to know roughly what RISK I was applying to trades back in 2016.</span>

<span style="font-size: 12pt;">It is simply my RISK per trade taken based upon which one of my trading accounts the trade emanates from and related to the TRADE STYLE taken.</span>

<span style="font-size: 12pt;">It is broken down by trading pairs; it shows you what I would usually trade in position size (LOTS) for a 100% trade; and then breaks it down by the percentages that I quote on twitter via @ThePremService and through the email excel trade sheets that follow the tweet.</span>

<span style="font-size: 12pt;">It is based only on LOT SIZING per trade.</span>

<span style="font-size: 12pt;">When I post say 25% this is my entry size.</span>

<span style="font-size: 12pt;">If I add to that trade with a second trade again at 25% and have two trades running I will be at 50%. i.e. EUR/USD two at 25% trades = 5 x MINI + 5 x MINI = 10 x MINI LOTS = 1 STANDARD lot.</span>

<span style="font-size: 12pt;">The percentage RISK per trade is something else and is taken into considering by the position of the STOP LOSS. i.e. 3% risk per trade on a $100,000 account = $3,000 maximum RISK.</span>

<span style="font-size: 12pt;">REMEMBER &amp; NOTE: As everyone trades with different sizes of accounts you need to, if you were matching my trades, trade with the amount of lots you can afford to meet my STOP LOSS and be inside your own RISK TOLERANCE levels. As stated mine is 3%.</span>

<span style="font-size: 12pt;">I have subscribers that trade with bigger accounts that I do and many trade micro lots and mini lots only.</span>

<span style="font-size: 12pt;">I can only indicate what RISK that I am applying based upon my account sizes. You must relate this to your own personal circumstances.</span>

<span style="font-size: 12pt;">Scott Pickering</span>
<span style="font-size: 12pt;"> The Pip Accumulator</span>
<span style="font-size: 12pt;"> January 1st 2018</span>

&nbsp;

&nbsp;