The Power of 1% Risk Management and the 8th Wonder of the World: Compound Profits
In the world of trading and investing, the concept of risk management is often overshadowed by the allure of potential profits. However, experienced traders understand the significance of managing risk effectively to achieve long-term success. One popular strategy is allocating a fixed percentage of capital to each trade - the 1% risk management rule. When combined with the magical concept of compound profits, this approach can work wonders. In this article, we will explore the power of 1% risk
If market is that bullish and wants to invalidate the previous scenario of a Sell the News event, we should see a displacement in the upcoming 24h-48 hours.
Otherwise price will fail to hold and we will see that 64k retest happen.