The 1% rule.
Never risk more than 1% of your account on one trade. With a USD 500 account, that is USD 5. Ten losing trades in a row still leave you with about USD 452.
Survival first, profits second.
Education, not financial advice.
#RiskManagement #TradFiForBeginners
Never risk more than 1% of your account on one trade. With a USD 500 account, that is USD 5. Ten losing trades in a row still leave you with about USD 452.
Survival first, profits second.
Education, not financial advice.
#RiskManagement #TradFiForBeginners