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Do you use Daily or Weekly Max Loss?

kc8yty (kc8yty)
Apr 25 at 05:34
38 posts
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.


"Formal education will make you a living, self education will make you a fortune"
vitcher (vitcher)
Apr 25 at 08:14
5 posts
What's the benefits of using this?

triticieek
May 04 at 05:30
35 posts
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.

juntingchen
May 04 at 06:12
1 posts
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?

kc8yty (kc8yty)
May 04 at 06:16
38 posts
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"
marjorieanderson
May 14 at 06:18
4 posts
Swing trading has always fascinated me and I’m trying to understand the strategy first and then begin backtesting.

LukeRachel
May 22 at 01:13
218 posts
I don't think I can risk more than 2% per week or month. I try to trade it with money management. And I use a 1: 2 risk ratio in every trade.

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