too many people also try to limit their loss per trade to 1%-3%....without factoring in for situations where prices could gap beyond their stop orders...

degentrading
@degentradingLSD
we might end up with the same position size tbh
going deeper into this...risk management involves not only thinking about your S/L but also in an adverse situation, what else could go wrong. Can prices gap and run away? stop limits may never fill
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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