Risk Reduction Strategy and Profit Growth According to the Safety Rule 3-5-7
First [3%] If the trade direction is unclear, don't risk more than 3% of your capital on it.
Second [5%] If you have multiple trades, your total capital at risk shouldn't exceed 5% across all of them.
Third [7%] Only enter high-risk trades if the potential profit exceeds 7% of your capital.
First [3%] If the trade direction is unclear, don't risk more than 3% of your capital on it.
Second [5%] If you have multiple trades, your total capital at risk shouldn't exceed 5% across all of them.
Third [7%] Only enter high-risk trades if the potential profit exceeds 7% of your capital.