Professional traders view risk as a percentage - MetaTrader 5 Scripts | Trading Scripts Download - MT4/MT5 Resources

Most traders keep losing money because they focus on money instead of planning their trades based on risk percentage. For example, you might be able to risk $300 of your $3,000 account on one trade (that's 10% of your account), but would you be willing to risk the same 10% on a $30,000 account (which means you'd risk $3,000)?

One word of advice: Become a professional trader Start when you are able to think of risk and profit as percentages rather than money

How to use it:

In the video below, we'll guide you through viewing your risk and goals in terms of percentages rather than dollars or points. It will show you the same transactions from two different accounts (a small account and a large account).

recommend:

build your Attractive Market Watch List To be able to set up your trades ahead of time as shown in the video above. In the video below, we'll walk you step-by-step through creating your own attractive market watchlist for potential entrants. we will explain

NOTE: Please make sure you have downloaded the data for all charts, otherwise the script will be slow as it will try to download the data for all charts while running

Important information you need to know

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Please note that investing involves risks. Any decision to invest in real estate or the stock market is a personal one and should be made after thorough research, including an assessment of your personal risk tolerance and personal financial situation and goals. Results depend on market conditions, each person and the actions they take and the time and energy they invest.

Attachment download

📎 ind_riskinpercentage.mq5 (4.42 KB)

Source: MQL5 #31318