When developing your own trading strategy, you can’t ignore such a question as a money management strategy. You should start working only after deciding on the budget - its size, acceptable risks and money management rules.
The main rule: the risk of any transaction cannot exceed 1-2% of the capital. That is, if you have, for example, $25,000, it is permissible...
Hi all,
I'm going to introduce you to the Take Profit Screener tool.
It allows you to manually scan your watchlist so to determine at a glance the assets that would give you the best profitability potential.
It is a 2 in 1 tool that allows you to :
identify where your Take Profit ratios are located whether you are in SHAD or Cycle Strategy
identify...
Simple trading and making money with money managemant
👤 Sadegh Ahmadi: @SDQ_Crypto
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
Today I want to talk about a topic that every novice trader has to face.
Most beginner traders save up money to make the first deposit and very often this amount is too small for trading, but the broker gives you the opportunity to trade anyway, why is that?
The fact is that the smaller the deposit, the easier it is to lose them, and the broker knows...
Hello!
Today I want to talk about drawdown in trading.
This topic is very important because it is directly related to the possible loss of all capital.
What is a drawdown?
When trading, you can make profits as well as take losses.
When you lose too much and the account decreases significantly, this is called a drawdown.
Losses in trading are normal and should...
A quick rundown of my perspective on analysis and also the execution side of trading, specifically money management and how emotions can impact your profitability more than you realise.
TLDR:
Risk management generally is determining what portion of your capital you are willing to risk in a trade and staying true to that.
Money management is how you would spend the money earned (in this case through trading) .
Eg : Rather that withdrawing all the profits from your account you can let it be there and compound it, or rather than spending it on...
The temptation of bigger lots is something all traders experience in some parts of their journey. Yes the wins can be nice but the losses can be even greater and damaging. The benefits outweigh every time!!!
MOVE BIG RANGE
We cannot emphasize enough the benefits of breaking down lot sizes to micro lots to learn how to move and maneuver the range in a volatile...
We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of reversals and how the lot sizes impact the value of your account during this...
Tribute Video to my 12000 Followers on Trading view.com
“Successful trading depends on the 3M`s – Mind, Method and Money. Money refers to how you manage your trading capital.“ – Alexander Elder
This Video I talk about Money management and tips.
Concept taken from Steve Burns @SJosephBurns article on Money management.
Retail
✔️Retail Traders are individual traders who buy or sell stocks, securities, or assets from their personal accounts.
✔️Retail Investors mostly focus on technical analysis, price patterns, and Indicators.
✔️Because of low volume, orders submitted by a retail trader cannot affect the price of an asset.
✔️Retail traders can come out of trades or their...
Safe is the closing of half of the order when the profit distance is equal to your risk, that is, in such a way that the profit from the closed part of the order is equal to the size of the stop loss loss, if the price movement does not go in our direction.
This is important in order to fix the profit on a part of the order, and set a stop loss equal to the...
📚 Books are always the best way to acquire knowledge even in the presence of latest technologies/e-books/videos.
There are 1000s of books in the market. So I have picked the best ones according to me!
📚 I have sub divided the books to acquire knowledge in any specific field
💲 Finance and Motivation - For knowing more about money and it's...
In this article, we will expand the notions presented in the first part of the series. If you haven’t read the first part, you can check it out below in our related ideas section.
We define risk as to how much you’ll lose per unit of your investment if you are wrong about the position. We called this in the first part initial risk (1R) . All your profits and...
One of the fundamentals that every trader must know is how to evaluate the effectiveness of his trading methodology. In this article, we will explore core trading fundamentals that you must follow in order to survive and thrive in this business.
1. Never open a position without knowing the initial risk that you are willing to take. The initial risk is the point...
In my trading career beyond having a strategy (actually multiple depending on market state and asset class) to base my trades on nothing has ever been as important as having a Trading plan. In this post I want to share with you my personal trading plan to help you create a set of rules that will help you stick to your plan and keep your emotions in check so that...
Hello All,
This is the first idea I am publishing in Tradingview and I decided to select the topic of risk management, specially after the dramatic increase and subsequent decrease on prices which we have seen in TLRY and other weed stocks this week, all mostly happening in 48 hours.
If you just started trading and got involved on weed stocks, you probably been...
9 Rules of Effective Money Management in Trading
1. Choose the correct position size.
The basic rule is one: don't forget to minimize your risk and correctly calculate position size in every deal.
For example, you can invest all initial capital in one trade. But why? After all, you can never be sure, that particular deal is guaranteed to bring profit. Many...
