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If hypothetically a trader " feels " as if they have found a system / method that is profitable ( even though they have never backtested it, Monte Carlo, Walkforward, etc.... ), they just feel as if they have a profitable and robust strategy
Assuming this, what would you recommend as far as Money Management and how to trade...... would it be smarter to employ a Fixed Fractional ( Risking 2% on each and every trade, regardless if you're up +$1,000 in your account OR if your down -$1,000 in your accoung, you will still risk 2% on every trade OR would using the Ratio method work better in this example ( where we use a Delta of say $500 , so using a starting Bankroll of $1,000 , trading just 1 standard lot and a delta of $500 , the sequence would be ...... $1,000 + 1 ( lot ) x $500 = $1,500 ( so once are account is up to $1,500 we would then add another Lot and start trading 2 Lots, and would NOT move up to trading 3 Lots Until......
$1,500 + 2 x $500 - $2,500
So on and so forth )
Thanks so much for everyone's time and help, Really appreciate it - Michael
Can you help answer these questions from other members on NexusFi?