Published On Jan 31, 2024
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Day Trading Strategy - Never Lose Your Portfolio Again... EVER
In this video, I will discuss the probability of blowing up your account while risking 1% of your portfolio. Risk management is a crucial aspect of day trading, and it’s important to keep a small, consistent size (ex: 1% of your account per trade) and wide-enough stop losses to avoid blowing up your account. Wide-enough stop losses are those that don’t get hit frequently and then move in your direction. If you keep a small, consistent size and wide-enough stop losses, it’s near-impossible to blow up your account.
This is more important than any Day Trading Strategy or strategies you would find on youtube
#stocks #daytrading #futurestrading
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