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#Short #TradingTips #RiskManagement

You are fully in control I Would not want to suggest that you should risk a certain amount or risk this percent or whatever, but a very general standard is one percent of your account per trade. Now for me: I'm more of a dollar risk guy I like to go for dollar risk instead of percent risk when I was brand new. Well, I should say brand new to trying to get that consistency down. It's kind of was being a degenerate Gambler when I wanted to really dial in I brought my risk down to two dollars per trade and that means I would take very small position sizes maybe a couple hundred dollars at the most and risk two dollars, find a meaningful level on the chart, a dip a low of some kind and get enough shares to make your risk two dollars for that trade.

That's how I did it now that for me was just so I'd focus on the process over the profits. start small and then be able to easily scale in the future. but how you manage your risk is up to you.

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2 thoughts on “How much to risk in a trade”
  1. Avataaar/Circle Created with python_avatars Janna Davies says:

    πŸ˜‰

  2. Avataaar/Circle Created with python_avatars Mary Taylor says:

    My greatest happiness is the $ 28,000 biweekly profit I get consistently from my $7,200 investment despite the economic downturn

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