To further explain my Stop Loss and risk strategy simply, I only ever risk 1% of my trading account balance on any one trade – For Example on the GBPUSD Short trade below the difference between entry point and the stop loss is 10 pips.  If my account balance was \$100,000 my risk would be \$1000 (1% of the balance) for the trade, so my spreadbet per pip would be 1000/10, which is \$100 per pip. So the most I would lose on this trade would be \$1000.

To give you a real figures for July, show the proportions of wins to losses and how this 1% risk works within my strategy. I have had 24 trades close of which 17 were winners. So a win rate of 70% for the month of July (Results page updated 1st Aug) with an average win profit percentage on my trading account balance of 2.28%.  Obviously I have made losses in the month but the average is simple as my stop loss discipline never wavers, it is 1% on my trading account balance.  So in real terms and using simple maths for a typical 10 trade period (July figures)  using all my strategies gives 7 trade wins and 3 trade losses:

7 x 2.28% = 15.96%    and   3 x 1% = 3%       giving a NET WIN of    15.96% – 3% =   12.96% on my trading account balance for every 10 trade period.   