What are some common risk management practices for traders?
#IntroToCopytrading #Beginnersguide
Traders use various risk management practices to protect their investments.
Some common strategies include setting stop-loss orders to limit potential losses, diversifying their portfolio to spread risk, and using proper position sizing to control the amount of capital at risk per trade.
Additionally, maintaining a trading journal to review and learn from past trades can help improve decision-making.
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