Cheat Sheet for Risk Management.
Practicing Disciplined Risk Management is what sets a amateur trader apart from a professional trader.
Define your risk prior to the trade.
The risk, combined with distance to stop loss is what determines your position size.
Practicing Disciplined Risk Management is what sets a amateur trader apart from a professional trader.
Define your risk prior to the trade.
The risk, combined with distance to stop loss is what determines your position size.