Shorts setting up for EURUSD PAIR

FX:EURUSD   Euro / U.S. Dollar
797 8 3
Instead of going long here for a ride up I will look to short EURUSD             pair if it gets between 13550-13650 range with stop loss around 13720-13770 depending where I get in! and target price will be 13120. Total 2 positions will be taken at different levels depending on market conditions.
so far playing as expected,
What would be the size of lots, in which percentage of your entire equity?
kamukak alex.a
Alexa you only trade the idea if it matches with your own analysis. I can't suggest you the lot size because we all have our own risk tolerance. My lot size mostly depends on price level, if I get on a trade at a level which is closer to my stop loss then I go big, otherwise I will trade lightly. I hope it helps.
alex.a kamukak
I have wanted to know about the percentage lot size, Kamukak - not actual lot size, though ~ usually close or not close, how close is close for you? very ambiguous words ... >_<
kamukak alex.a
I rsik 5% of my total trading a/c on any given trade, but if I am taking 2 positions at different levels then might go upto 7%.(only if I am very convinced about the trade)
alex.a kamukak
Also, don't feel bad about not meeting your target yesterday about GBPAUD. I did stop loss and I learned more than I lost yesterday. I am grateful for that lesson, seriously. If I didn't lose, I wouldn't learn a thing from yesterday. I need to learn at least one thing per day. hoping to learn more, though - Feel free about yesterday position, if you are concerned about it ~ ^_^
kamukak alex.a
My stop loss for gbpaud above 17250 and i hoping to add more if it gets to 172 area. I am still on it, you must have put stop loss so close!
alex.a kamukak
I did. OK ~ I let you go, GBP is about to announce the important data, Sir ~ ^_^
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