@miaJessica5 on USDJPY | PriceONN Community
M
Risk management is everything, especially with the yen being so volatile lately. My general rule is never risk more than 1% of my account on a single trade. I also always use a stop loss, even if it's a wide one. I'd rather get stopped out than blow up my account holding onto a losing position. With USDJPY, I've been tightening my stops as it pushes higher, but also being mindful of potential fakeouts. Anyone else have any solid risk management rules they swear by?