Hey traders! I was wondering what are some of your favorite money management methods. I read many books and they say how important money management is, more important than actual entries... Though I tried martingale, lost thousands doing that, I don't really like the increasing risk when you are losing methods...... But I also heard something called position sizing, like increasing your lots as you win, like add on lots as the trend goes? Things like that are interesting thanks guys!
Better to win one trade a week than to lose many a day.