levels you will mainly concern yourself with, should you choose to employ a trailing stop you can use these 1, 2, and 3 times risk levels to begin the trailing process, see the section on trailing stops below for more. When periodically reviewed, a trading journal provides important feedback that makes learning possible. I want to give you a professional perspective on money management and dispel some common myths floating around the trading world regarding the concept of money management.
A quality 1hr pin bar sell signal formed at a confluent intra-day resistance level and in the direction of the bearish momentum on the daily chart. Note that i mention consistent. If you have 10,000 you may risk something like 200 or 300 per trade.
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