I use some of my profit to risk this one with 112$ to gain 424$
trading carry high risk so you should calculate the number of $$$ you want to risk properly. dont be greedy. its a long term game
sometimes you make small profit such as 424$ to risk more.
For example, If i win this trade i will gain 400$
Then i will use this reward to risk 400$ to gain 1200$
After that, I will use 1200$ to gain 3600$
I have two types of money management
1) core risk (0.1%-2%)
this will generate consistent profit for your portfolio. you should keep your mental health cool (always)
2) compound risk ( whatever you gain )
this will boost profit for you portfolio, losing should be fine because you use risk free money.
trading carry high risk so you should calculate the number of $$$ you want to risk properly. dont be greedy. its a long term game
sometimes you make small profit such as 424$ to risk more.
For example, If i win this trade i will gain 400$
Then i will use this reward to risk 400$ to gain 1200$
After that, I will use 1200$ to gain 3600$
I have two types of money management
1) core risk (0.1%-2%)
this will generate consistent profit for your portfolio. you should keep your mental health cool (always)
2) compound risk ( whatever you gain )
this will boost profit for you portfolio, losing should be fine because you use risk free money.