Tuesday, October 3, 2017

Dynamic Risk Taking

This is a good post on TraderFeed how to achieve trading consistency by taking small risk.Once you grow your confidence you can increase the risk you're taking. I time to time do this exercise when:
- I have a break in trading and I need to sync with the markets,
- after a loosing stake I loose a little bit my confidence.

It is important for me to be in the market. Watching the charts or trading a demo account is just not like opening positions with real money even if the risk I take is small. The risk level is to be determined way before making any trading decision.

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