Read these risk management tips to win future tradesđ
1. Follow the â2% ruleâ: Never risk more than 2% of your entire trading account in a single trade.
2. Use a stop-loss-based stop-loss: Adjust the stop-loss range based on current market volatility.
3. âLevelâ entry and exit: Enter and exit slowly to minimize impact.
4. Set Alerts: Get alerts when important price levels are reached so you can take quick action.
5. Backtesting with real data: Include costs in your backtesting to get the true picture of profitability.
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