Brothers, I'm replying again with some questions about position sizes and stop-loss amounts. My advice is to decide for yourselves, as everyone's stress tolerance is different, and market conditions vary each time. Sometimes there are three positions, sometimes two, and more often two. When taking three positions, you can set a series of three stop-loss levels, or a combination of one or two with a third, or two and three with stop-loss levels, or customize your own. Each position I provide is a key resistance or support level, and you can take them accordingly. If you're worried, set your stops further away. Do what suits your own risk tolerance. Trading is for making money, so don’t put too much pressure on yourself. Wishing everyone a Happy New Year, good health, all the best, may your wishes come true, and prosperity in the Year of the Horse!!!
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Brothers, I'm replying again with some questions about position sizes and stop-loss amounts. My advice is to decide for yourselves, as everyone's stress tolerance is different, and market conditions vary each time. Sometimes there are three positions, sometimes two, and more often two. When taking three positions, you can set a series of three stop-loss levels, or a combination of one or two with a third, or two and three with stop-loss levels, or customize your own. Each position I provide is a key resistance or support level, and you can take them accordingly. If you're worried, set your stops further away. Do what suits your own risk tolerance. Trading is for making money, so don’t put too much pressure on yourself. Wishing everyone a Happy New Year, good health, all the best, may your wishes come true, and prosperity in the Year of the Horse!!!