How big should a single contract position be? Don’t panic, the class representative is here:
Single-trade risk refers to the amount you would lose when a trade hits stop loss, roughly equal to the position’s notional value multiplied by the percentage from entry price to stop loss.
The larger the drawdown, the harder it is to recover: after losing 50%, the remaining funds must double to get back to the original level.
You only understand after paying enough tuition; read the manual first.
$BTC 83411.11(+0.6%)
#BTC
Single-trade risk refers to the amount you would lose when a trade hits stop loss, roughly equal to the position’s notional value multiplied by the percentage from entry price to stop loss.
The larger the drawdown, the harder it is to recover: after losing 50%, the remaining funds must double to get back to the original level.
You only understand after paying enough tuition; read the manual first.
$BTC 83411.11(+0.6%)
#BTC