I'm glad that someone here actually writes something good about risk management. The 0.5-1% risk per trade is also very solid.
However, it is important to emphasize that for good stop loss setting it is best to get to grips with TA.
It is also clear here how important the entry is. Because if you get a good entry, you can act with a smaller SL and thus also drastically improve your position size and your R/R. A 2R trade quickly becomes a 5-10R trade. @ccf
However, it is important to emphasize that for good stop loss setting it is best to get to grips with TA.
It is also clear here how important the entry is. Because if you get a good entry, you can act with a smaller SL and thus also drastically improve your position size and your R/R. A 2R trade quickly becomes a 5-10R trade. @ccf
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@TradingMelone I actually try to derive the entry and exit points from the chart. I look at the chart at different time levels and look for resistance and support. But not in the same depth as you, I don't have the detailed knowledge, but I always follow your posts to learn something new 😉
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