Hey
I'm learning to trade with the Wealth builder on the daily chart. I'm starting to get a hang to read candlestick pattern about when to act rather than. So far I have never set up a commerce which will risk me more than 2% of my account. But! My actual question: In the document it says:
lt;quotegt;
For those not likely to attempt to exchange the market together with the 1 hour or 4 hour methods [or another system or method for that matter], currency pairs must represent roughly 60 to 80% of your trading equity.
Lt;/quotegt;
I don't understand this. Can anybody please explain me this? Does this mean that I need to risk greater than 2% of my equity? So far as I'd understood from reading that is other is a major NO NO?