Hey Pat
Trying to make sense in the difference between a cash account and margin
I know there is a rule of thumb to risk approx 1% of your trading account per trade
so for example on a 10k cash account, 1% would be $100 per trade
would that mean on a 10k Margin account I would risk 1% of the buying power per trade?
or is that completely not related to one another?
again thanks a lot for everything you do I can really feel I have improved a lot since I have joined the VIP's
or is that completely not related to one another?
again thanks a lot for everything you do I can really feel I have improved a lot since I have joined the VIP's