Money management

1. 1% risk per trade of the allocated capital and 5% risk for all open position.
2.First target (first partial) at 1% gain, second target at 2% gain. Rest of the open position will be keept open till the system say different thing.
3.ATR allows the open position to breathe in the market volatility .Setting stop at the ATR level is most logical and effective.
4.If the ATR does not apply ,high of the consolidation is the second best place to set stop.
5.Consolidation some times become too large to set stop, in that case we will use 1% rule.