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<a href="https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RISK-JAN2018.png"><img class="aligncenter size-full wp-image-11334" src="https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RISK-JAN2018.png" alt="" width="970" height="1024" /></a>

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<p style="text-align: center;"><strong><span style="font-size: 16pt;">RISK MANAGEMENT:</span></strong>
<span style="font-size: 14pt;">MY POSITION SIZING from TRADE SET UPS</span>
(This document refers to the excel spreadsheet titled RISK MANAGEMENT)</p>
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An explanation….

Firstly, this is NOT an instruction.

RISK TOLERANCE is a very personal thing when it comes to trading. My RISK TOLERANCE could be larger or smaller than yours.

We all have different Financial situations and our Broker Accounts are all different vis-à-vis our trading balances.

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.

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.

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.

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.

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.

It is based only on LOT SIZING per trade.

When I post say 25% this is my entry size.

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.

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.

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%.

I have subscribers that trade with bigger accounts that I do and many trade micro lots and mini lots only.

I can only indicate what RISK that I am applying based upon my account sizes. You must relate this to your own personal circumstances.

Scott Pickering
The Pip Accumulator
January 1st 2018

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