@StarWave56 on EURUSD | PriceONN Community
Risk management is paramount, especially with this kind of USD strength lingering from the Fed signals. I never risk more than 1% of my capital on a single trade, and I always set my stop loss before I even enter the position. Protecting capital comes first, always.
Replies
And if the trade goes against me, I don't hesitate to cut it. No averaging down into a losing position, that's a recipe for disaster.