Do any of you use a daily or weekly max loss or combination of both?
short-term swing : Maybe something like this? Weekly loss limit 2% Daily risk Limit 0.50% with placing 4 trades a week.
Just curious to see if others practice weekly or daily loss limits and what are your limits.
short-term swing : Maybe something like this? Weekly loss limit 2% Daily risk Limit 0.50% with placing 4 trades a week.
Just curious to see if others practice weekly or daily loss limits and what are your limits.
"Formal education will make you a living, self education will make you a fortune"
What's the benefits of using this?
May 04 at 05:30
For me, the money I have has been earned hard. I can’t let it go off so easily. This is the reason why I never risk more than 1% of my capital ever.
May 04 at 06:12
triticieek posted:
For me, the money I have has been earned hard. I can’t let it go off so easily. This is the reason why I never risk more than 1% of my capital ever.
Why is it difficult for me to strictly abide by these rules when doing trading?
triticieek posted:
For me, the money I have has been earned hard. I can’t let it go off so easily. This is the reason why I never risk more than 1% of my capital ever.
Totally agree and I know what you mean. Thank you for your reply
"Formal education will make you a living, self education will make you a fortune"
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