Hi friends, After the previous signal reached all the set targets, today I would like to share my opinion about money management and how to manage open positions. In my opinion, in the first 2 years of trading on each position, a maximum of 3 to 5% of the total account balance should be involved. Second, convert the money into several parts for a signal or one idea, for example, Two or three to 0.01 lot. Risk-Free: The important thing is when to do risk free? For do Risk-Free (change the stop loss to the entry point) after the price reaches 50% of the forecast or primary idea. For this trade, I risk-freed after the price reached TP2.
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