This rule is very simple and it states that one must have a game plan and use it consistently even during periods of losses, which will happen to you over the course of time. Do not suddenly start to risk 5-10% because you have to catch up and get your loses back quickly, stick with the game plan, and over the course of time, this will help improve your percentages of success.
If you have an unproven system that has not been tested, then I would look to paper trade the account until you see success and you are comfortable with loses and daily volatility.
If you are looking to contact Michael Seery (CTA—COMMODITY TRADING ADVISOR) at 1-630-408-3325 as I will be more than happy to help you with your trading or visit www.seeryfutures.com
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