Yes, it is truly a daily stop loss and it can be elaborated by extending it to a monthly stop loss. Both aim to prevent huge losses. Thank you for...
You are speaking about the amount of loss. After that do you stop trading for some days?
I do apologize if there was any confusion in my previous response. I was just seeking for assistance.
It is not something that can be fixed and changed over time.
I know your points highlight the importance of having a well-defined trading system and managing emotions, and maybe I am on the wrong path...
Do you mean Martingale strategy? It has a high risk and may lead to larger losses.
Yes, every loss offers an opportunity for growth.
This seems quite risky to me, and it doesn't fit into my risk-management strategy.
Finding the cause is important, and if it is outside of my control, I need to adjust my approach.
Yes, and reacting emotionally can lead to even greater losses. It is good to step back and assess my strategy and my trade.
It is a good suggestion . I want to know is it advisable to just observe market and I specifically seek for other people's opinions because of...
It is a good suggestion . I want to know is it advisable to just observe market and Thank you for your great suggestion and I also want to know...
I'm interested in learning how to prevent further losses. Do you advise me to open a new office and resume trading if I have enough money?
hi there, I have a question for you and would like to hear your opinion. Is it advisable to stay away from the market after your losses? Thank...
Yes, to choose high leverage, you must have a clear strategy and a well-defined plan and also use leverage with more caution.
That's more my style. If I'm uncertain I use lower leverage like 1:50 and I have a confident trading plan and use high leverage sometimes up to 1:...
Proper financial education, guidance, and responsible money management become crucial to ensure they use their wealth wisely and for their...
. Estimating future cash flows for businesses can be complex and uncertain, often involving a degree of speculation. It requires careful analysis,...
One of the best suggestions.
I would be thankful if you could answer my question: do skilled traders advise me on swing trading?
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