The support forum is built with (1) General and FAQ forums for common trading queries received from aspiring and experienced traders, and (2) forums for course video topics. How to Trade Price Action and How to Trade Forex Price Action videos are consolidated into common forums.
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Hello traders,
Recently I listened one of the ask Al q&as. It was mentioned there that you should have a daily risk. I would like to know what you guys risk per day? After how many percent you decide to walk away?
yes, thats the one
If you're a beginner trade the 'I don't care size'. If you focus too much on risk you can focus on trade execution and will over manage. As you get more confident you can risk more. Your risk could be $10, $100, or $500, determine how big your account is and determine how much you don't care about losing on a given trade.
My question was more about how much to risk percent wise per day not per trade (this is clear) and do traders pay attention to that or just take as many good setups that they can see no matter what. Example, you lose a few trades in a row, so when do you decide it is enough.