DislikedThere's really not much 'psychology' about money management. Just RULES. Set out your rules and simply follow it. For example I enter 3 positions on the really juicy high probability triggers, risking x% of my account. After 15pips - 20pips, close 2 positions and move stop to breakeven on the remaining position. Subsequently move protective stop to swing highs/lows if trade continues to move in my favour and if more high probability triggers come up again on the same trade I re-invest the profits gained earlier on small risk high reward setups effectively...Ignored
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