Hotch
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Looking at my margin on IG, I have 36.7% equity used atm (was a bit higher this morning).
This seems alarmingly high soon a I'm trading <1% risk per trade (yeah, still the same Hotch). Now, I realise this is because my floating profit is a large % of my account (30% atm, has been > 90% at times :X), but should I be trying to do something to lower this number?
I don't think my trail can be much tighter, so the other obvious thing to say is that my position is already big enough I guess.
My current thought is that it doesn't really matter as long as I make sure that I stop out in profit, if I hit 100% then I can't add positions sure, but other than that I doubt it matters at all if I keep stop out levels in mind. Am I right?
This seems alarmingly high soon a I'm trading <1% risk per trade (yeah, still the same Hotch). Now, I realise this is because my floating profit is a large % of my account (30% atm, has been > 90% at times :X), but should I be trying to do something to lower this number?
I don't think my trail can be much tighter, so the other obvious thing to say is that my position is already big enough I guess.
My current thought is that it doesn't really matter as long as I make sure that I stop out in profit, if I hit 100% then I can't add positions sure, but other than that I doubt it matters at all if I keep stop out levels in mind. Am I right?
