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Now that I have a little more time I must stress and make the point clear that to trade any trading method successfully you should have the following information about the methodology you trade.

If you trade without it you really are trading blindly,your taking a risk both in possibly being more cautious than you need be,

IE Bailing out of a method that may well be profitable in the long run OR

Being to liberal and running the risk of believing that your method is profitable when in fact it simply isnt.

You need Initial Drawdown.You'll need more than one test to be able to determine this.Best way is Montecarlo which you can test you methodology in a few minutes over 1000s of Portfolios traded at various starting points.

This will give you a deviation with which to benchmark results.

Youll need maximum string of losses.Without this tested over 1000s of portfolios you wont be able to determine wether a run of losses is acceptable (Read expected) or is over anything ever recorded in your rigorous testing.

Both of these are most important when setting your risk when trading wether it be leveraged or not.

Once you start to run a profit its far easier to manage and the stress or fear and as profits increase these deminish to a point where it doesnt play a part.Infact trading becomes boring.

There are many other components which need to be satisfied in a successful trading methodology (Positive expectancy being the main one) but as for gearing and setting risk parameters for Margin or any other leveraged trading you absolutley must have this information.

Without it your punting.Sure some punters do very well.

Ive always been a very average punter.