O.K. I am going to stick my neck out here and add some controversy.

If you have a selection method in mind, there should be a mix of prices /odds to add both stability and profit to your system.

For Example,
becareful says he has a "longshot" system, while others are looking at high strike rate systems. In my humble opinion you need a balanced mix of both to keep your run of outs to a minimum (less risk to the bank) and also provide some worthwhile dividends and profit (longshots 10/1 or better).

Therefore, my advice would be to bet 1% of your starting bank, but then only bet 1% of the remaining bank if you enter a run of outs.
If you then make profits, you would end up betting 1% of your total bank, so as profits rise...so do your bets.
This stops you betting 10% of your bank on 10 selections as mentioned earlier.

P.S. becareful, I am not saying there is anything wrong at all with your system. I am just giving advice to someone starting out. I don't want them to lose their bank at the very outset.

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Treat your selection and staking methods not with optimism, nor with pessimism, but with realism.