DannRV
Education

Risk management

FX:COPPER   CFDs on Copper
The trick is that you are allowed to buy that position with only a margin of 1% or less, that is to say, only put 1000 usd of margin and you would get that position, suppose you are a little smart reduce and only use 10 times leverage, the maximum Accepted loss on this trade would be 2.87% ( of value ), if this sum is multiplied by 10, it would be an unacceptable 28.7% to lose that percentage in a single operation.
The risk of 2.87% is even high for me, so I would seek to reduce my position 3 times, up to 33,000 units to risk only 0.95% with a potential gain of: 8.21%
Focus more on percentages and less on pips, more risk management and less emotional trades.
Trade active
Comment: Hold the profits
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