A reminder for beginners: $SCRT is down 22.8% in the past 24 hours, currently priced at 0.0071.
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 position size, such as risking only a small portion of your total funds each time, so that neither a win nor a loss on any single trade can do serious damage.
What percentage of your funds do you usually allocate to a single trade? #SCRT
For discussion purposes only; this is not 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 position size, such as risking only a small portion of your total funds each time, so that neither a win nor a loss on any single trade can do serious damage.
What percentage of your funds do you usually allocate to a single trade? #SCRT
For discussion purposes only; this is not investment advice.
