PRACTICAL MONEY MANAGEMENT THAT WORKS
Rule 1: Risk no more that 2% of account balance;
Rule 2: Use natural support / resistance to set the stop-loss; and
Rule 3: Use the range between current price and the proposed stop-loss to calculate lot size.
Rule 1: Risk no more that 2% of account balance;
Rule 2: Use natural support / resistance to set the stop-loss; and
Rule 3: Use the range between current price and the proposed stop-loss to calculate lot size.
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