Know when to take profits
Got this from someone else I talk to about trading regularly.The first thing is to learn to save ur earned profit and prevent losses. Instead of booking more profit .. let’s say if you start with a $30,000 account and take a loss of 5%, your account value will fall to $28,500. This is also referred to as taking a 5% drawdown. Now, if you make...
Risk Management
Know when to take profits
Got this from someone else I talk to about trading regularly. The first thing is to learn to save ur earned profit and prevent losses. Instead of booking more profit .. let’s say if you start with a $30,000 account and take a loss of 5%, your account value will fall to $28,500. This is also referred to as taking a 5% drawdown. Now, if you make a...
Risk Management
Optimizing Returns: Position Sizing, Leverage Trading, and...
Whomever told you "Size doesn't matter" in trading, has never had a big "size" and probably just borrowed someone elses. In the dynamic landscape of trading, where fortunes can be made and lost in the blink of an eye, various strategies vie for attention. Position sizing, leverage trading, and spot trading each offer distinct approaches to...
Risk Management
So, there is a 1% risk management strategy. What if you see other good opportunities, do you open new trades or do you only run one trade at a time?
What's ur portfilio limit on risk?
If u r risking 1% on o e trade and u open new trades... Show more 11 months ago
Because I can't effectively watch boyh 11 months ago
need to implement more i have i few hard lessons
It’s funny because while I know a lot of people credit ICT with helping them become profitable, most of his content has not resonated with me. I find him to be obnoxious, intentionally inscrutable, & kooky, but having said that, I don’t need to like someone to learn from them. I don’t know enough to call him fraudulent, but controversy...
While i will admit ICT is a popular dude. there is currently a lot of controversy around his strategies and proof of work. If there is another source you can guide our members to for something like this, id be happy to drop it into the newsletter or elaborate on it myself and publish something.
I found this video by ICT to be very useful in tailoring a plan for position sizing: www.youtube.com/watch He offers a number of strategies, but I found one to be simple and effective in reducing drawdown. Essentially, you have a set percentage you're willing to risk, say, 2% of your equity. If your trade is successful, you...
ICT Forex - Considerations In Risk Management
IM Academy, Tradehouse, I Markets Live… the list goes on with these frauds educators. Stop paying for these poor knockoffs of my free lessons on Forex Tradi...
ICT Forex - Considerations In Risk Management - YouTube
IM Academy, Tradehouse, I Markets Live… the list goes on with these frauds educators. Stop paying for these poor knockoffs of my free lessons on Forex Tradi...
Position Sizing Strategies:
Proper position sizing is the cornerstone of responsible risk management in trading. It's the art of deciding how much of your capital to commit to a specific trade. Effective position sizing allows traders to limit potential losses while optimizing the potential for profit. By discussing position sizing strategies, traders can learn to tailor...
Risk Management
Stop-Loss Placement Techniques
Getting hunted is a common issue among all of use. Even the best of us. Lets break down some of the methods you've used that have worked for you. Hopeful you've been journaling your trades and can reflect on the good positions you've taken that the market never came back to each you alive on? Stop-loss orders are a trader's safety net,...
Risk Management
Position Sizing Strategies:
Proper position sizing is the cornerstone of responsible risk management in trading. It's the art of deciding how much of your capital to commit to a specific trade. Effective position sizing allows traders to limit potential losses while optimizing the potential for profit. By discussing position sizing strategies, traders can learn to tailor...
Risk Management
