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For Traders: 5 Quick Tips For Risk Management
Days like today really see who is managing risk and who isn’t. Always remember if you have big winning days and trades that are disproportionally large percentage wise then the odds are that you are also exposed to the downside risk of an equal magnitude. Here are five quick tips for risk management for traders. For Traders: 5 Quick Tips For Risk Management Structure your position sizing and stops so that you try to never lose more than 1% on any of your trades. My maximum risk exposure is a total of three trades on at once risking 1% per trade each for a total possible drawdown of 3% in one day if all three go ... (full story)
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