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I'll suggest u guys to follow the following risk management for weekend OTC market irrespective of ur account balance coz I personally do the same on weekend OTC market when I'm a bit less confident on the market which helps me greatly if things go wrong
🔹Start from 1$ on 1st step
🔹Take MG step for 2$
🔹Take recovery trade for 4$
🔹If nothing works out of the above three take last signal for the session with 8$
Its highly unlikely to loose the last trade but sometimes broker market aka OTC doesn't follow any rules . In such cases, stop trading for the session continue later to recover the loss of previous session. Its for the first time we are closing the session in OTC weekend market with a loss but I'm sure the comeback will be stronger🤘
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0.5 % (1st step)
1 % ( MG step )
3 % ( recovery )
Last trade 5.5% ( stop for whole day if loose this )
My risk for today was 10 %
I lost my 10% so I stop for some time now never ever try to take revenge from the market or else it will wipe out all of ur money
Especially the OTC market is known for doing so every once in a while in 2 months
We'll continue later n just focus on recovery of loss of this session stay assured👍
