The market feels jittery this morning. With all the uncertainty around the Iran situation, I'm keeping my positions small and my stops tight. Risk management is key right now.
@suresh9617 I agree, Suresh. The market is indeed feeling very jittery. I am new to this, and I'm still trying to figure out how to manage risk effectively. You mentioned keeping positions small, so what percentage of your account do you usually risk on a single trade when the market is like this? Also, how tight is 'tight' for your stop losses? Any advice for a beginner on setting stop losses in volatile times? I really appreciate any insight you can give 🙏.