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There are a few methods that you can use to manage your trading risk. I have discussed a few in this article you can learn. 👇🏻
Learn the Art of risk management
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The US economy added only 12,000 jobs in October they were expecting it to be 106,000 (NFP Non-farm Payrolls) This could be the worst 'non-recession' #NFP report I've ever seen. Not sure if the US economy is getting this bad or it's because of elections.
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Avoiding big losses is really simple. Have an invalidation price before you enter a trade and just cut the trade if it invalidates your plan. Most of the traders fail here. They don't dare to take losses, they only want profits.
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Trump on Bitcoin & Crypto 2019 vs NOW! Just using the crypto hype to get votes.
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Us non farm payroll (NFP) and unemployment data will be released later today and you can expect some high volatility in the market during that session (Newyork).
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All you have to do is take profit when something reaches your target and it's a key zone. Does not matter how good the market is. Taking profits will always be a good idea $DOGE
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