@thomastaylor84 on EURUSD | PriceONN Community
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I've been trying to implement a stricter risk management approach myself, focusing on defined risk as @archiescott98 mentioned. For EURUSD, I'm setting my stop loss at the 20-period SMA on the H4 chart, which is currently around 1.15085. I'm hesitant to risk more than 1% of my capital on any single trade, given my beginner status and the current volatility.