how many open trades are allowed? - Forex Questions and Answers - FXAnswer

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how many open trades are allowed?

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- quinistar
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6 months ago

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0 Votes It is usually recommended to limit your risk to a maximum of 2-5% of the account balance. Therefore, you can have as many open trade positions as long as you do not risk more than the maximum 5% of your account balance. In other words, if you get stopped out on all trades, whether you have one or several positions open, no more than 5% would be lost. by webmaster 6 months ago by webmaster 6 months ago

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It is usually recommended to limit your risk to a maximum of 2-5% of the account balance. Therefore, you can have as many open trade positions as long as you do not risk more than the maximum 5% of your account balance.

In other words, if you get stopped out on all trades, whether you have one or several positions open, no more than 5% would be lost.