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This article is about the deposit management. About methods, that could use to manage,protect and multiply your capital. It could be applicable not only for novice, but also for profitable traders.
So, how to manage within account, when you have a few strategies, that have a different profit and loss?
Let’s take a look on a several variants, that've been tested on a historical tester on Jforex platform:
  1. Multiple Strategies. This method of managing, when you have one account and one or more strategies that trades the percentage of the deposit. The formula for calculating the lot size for trading percentage in my case, is calculated as
    amount=((((equity*leverage)/100)*lots)/1000000) .
    [i]Example: amount= ((((150 000 * 100)/100)* 5)/1 000 000 = 0.75 lot.
    (The formula does not claim to originality, I had seen either in Dukas Wiki, or in the forum of Dukascopy. The reasons for the revision of it, did not arise.)
    [/i]

According to this formula, volumes of trades will be calculated throughout the article.
To check the profitability of strategies I used Multiple_strategies. We connect our strategy to it. Start
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Annuuta avatar
Annuuta 30 June

Well done Illya

BeautybyLesya avatar

Здорово! Очень много всего интересного! Спасибо!

VictoriaVika avatar

Круто!

Elena_Dmitrieva avatar

Отличная статья! Очень грамотно и доходчиво написано!

aleks1204 avatar

хорошо молодец!!!

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22/100
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by changing only one approach in your trading you can increase your profitability massively! one trading action that typically destroys a lot of accounts can make a fortune if the timing and the situation in which you do it are different! i will explain in this article how to turn a missbehaviour into a massive profit generator! 
we all know that a reasonable and professional trader plans his trade and then trades the plan. like this he does not have to face any surprises on the road after opening a trade. all is well calculated like we have discussed it in segments 1 and 2 of this article series. if we use these guidlines for a reasonable risk- and money management, we know that nothing severe can happen to our account and balance!
following the basic guidelines means that we, the traders, keep control over our trades and over our MONEY!
if we have control over our loss, by pre-defining the max-loss per trade as for example with  1% of the balance, there is no need for wet palms or adrenaline driven emotional roller coasters in front of the computer screen which in 99,9% of the cases will force you to make mistakes, essential mistakes.
i mean that kind of REAL MONEY BURNING and  A…
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skytrader avatar
skytrader 18 Dec.

well doctor the concept of partial profits, i dont know if i think this is the right way to trade or to optimize profitability! in fact i would prefer being able to close partial LOSSES! my experience shows me, when i have a winner i add up volume at every retracement! because already winning i have a chance to make HUGE PROFITS while adding up volume... realizing partial wins does not help me to achieve that goal! after a trade runs in my direction i trail thr SL as soon as possible to breakeven and i prefer to win FULLY LOADED + ADDED VOLUME then taking small profits!

ikhall avatar
ikhall 19 Dec.

love adding on at the retracements points. Its a part of my central strategy and has been for a long time. Noice article!

AdrianWS avatar
AdrianWS 22 Dec.

Definitely the best of your 3

macdak66 avatar
macdak66 26 Dec.

And so. Deposit loss occurs in the absence of strategy or trade system. At the analysis only one period of time. To trade without stop.Thanks !

skytrader avatar

thanx to all of you guys for your support..! i wish all of you a successful 2012.. stay healthy! i hope that i could provide at least to some of you some basic hep with my articles... be careful when you trade real money...! ROCK ON GUYS!

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20/100
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and a computer your exits... because both are not biased by any emotional distortion or market noise. with the right money management and SL and TP settings it is not important why, how and when you enter a trade. it is not even important in which direction you open the trade!  the only success parameters that count on the long run are the relation between your potential loss and your potential profit.: 
lets call it the RISK/REWARD-RATIO or SL / TP-RATIO.
without using any analysis method every time you open a trade, you have a 50% chance that the trade goes in your direction! it may be the case that in 10 trades it goes 8 or 9 times in your direction, or against you... but in 1.000 trades you will have roundabout 500 winners and 500 losers. you can compare that to throwing a coin. the more often you throw a coin the more you can be sure, that the mathematical pobabilitiy will show up and confirm the 50% chance for each side of the coin or each direction of a trade..
knowing this, all you have to do ist to choose a SL / TP-RATIO of 1:2. for example 20 pips SL and 40 pips TP. if you now win every 2nd trade (50%), you will automatically make profits!                        (image ki…
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mortyl avatar
mortyl 22 Dec.

basic but useful

skytrader avatar

all of you guys for your support..! i wish all of you a successful 2012.. stay healthy! i hope that i could provide at least to some of you some basic hep with my articles... be careful when you trade real money...! ROCK ON GUYS!

research_trading avatar

Dear Skytrader, this is a really good article, I would be appreciated if you could send me a copy of your spreadsheet. Many thanks!

plinakos avatar
plinakos 26 Mar.

Nice article but my concern is that does not provide a method of picking up the stop loss pips amount or target. Arbitrary choosing those it may result in disaster, since the SL could be hitten continuously if within volatility or standard deviation limits whilst TP is out of these limits!
Another one concern is... see below...

plinakos avatar
plinakos 26 Mar.

P. 2/2 comment
In addition, I think that the outcome can not simulate the dice probability  since we do not have only 2 outcomes but 4, up, down, up by specific amount, so to reach TP,  down by specific amount so not to reach SL or vice versa. Also the choices are not only 2 but 4, not take or take the trade, long or  short!

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2/100
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this article series will provide you with crucial and elementar rules which you definetly need to comprehend and follow if you want to have a chance to trade real money successfully. my articles can also help you realising the dream of earning your living with one of the most exciting professions of the world: trading. following my basic instructions will of course also help you competing much better in the trader contest. 
i will describe in detail how you can learn to make continuous profits and what is even more important, how you keep these profits in your account and grow them. this article series is a must-read, if you are seriously planning to trade real money! 
learn from the score board leader and several times winner of the DUKASCOPY trader contest:
http://www.dukascopy.com/tradercontest/?action=standings&type=leaders
by reading and comprehending my article series you can profit from my knowledge and long time experience in real money trading. i started trading 13 years ago. later i added commodities and indices and since three years i mainly trade forex, because the forex market provides high liquidity and permanent movement -  essential for a more or less predictable a…
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ikhall avatar
ikhall 19 Dec.

I agree with the "avoid losses" and even more importantly, avoid adding to losses!

AdrianWS avatar
AdrianWS 22 Dec.

Great article +1

Bideira avatar
Bideira 22 Dec.

Good article, no doubt FX it's game of discipline and tactis, protect you capital, it's the only thing you have!

ptc00 avatar
ptc00 29 Dec.

Good Luck My Brother

skytrader avatar

all of you guys for your support..! i wish all of you a successful 2012.. stay healthy! i hope that i could provide at least to some of you some basic hep with my articles... be careful when you trade real money...! ROCK ON GUYS!

orto leave comments