Beyond Strategy: The Importance of Discipline in Trading
Successful trading is as much about discipline as it is about strategy. To maintain a consistent approach, consider these risk management guidelines:
Risk-averse: 0.5% per trade
Moderate: 1% per trade
Aggressive: 2% per trade
Remember: Your stop-loss is not a suggestion, it’s a rule. Moving your stop-loss can turn a manageable loss into a catastrophic one. Protect your hard-earned capital by sticking to your plan.
