A reminder for beginners: $AVA 24h is up 21.3%, with a current price of 0.3797.
Many people lose money not because their judgment is wrong, but because of their position sizing: their positions are too small when they're right and too large when they're wrong. The solution is simple—use a fixed-percentage position size. For example, only put a small portion of your total capital at risk each time, so that a single win or loss won't significantly affect you.
What percentage of your capital do you generally allocate to a single trade? #AVA
This content is for discussion purposes only and does not constitute investment advice.
Many people lose money not because their judgment is wrong, but because of their position sizing: their positions are too small when they're right and too large when they're wrong. The solution is simple—use a fixed-percentage position size. For example, only put a small portion of your total capital at risk each time, so that a single win or loss won't significantly affect you.
What percentage of your capital do you generally allocate to a single trade? #AVA
This content is for discussion purposes only and does not constitute investment advice.