Репост из: WhaleTank [Premium]
Risk Management
One more time for all members and especially for newcomers!
https://whaletank.trade/account#/risk-management
Don’t forget to use Risk Calculator IN EVERY TRADE.
You can have 7 loss trades and only 3 wins, but good risk management would bring you money in such statistics.
Loss less, earn more.
1. Calculate average entry price.
2. Put numbers in calculator.
3. Divide amount of contracts for each entry.
One more time for all members and especially for newcomers!
https://whaletank.trade/account#/risk-management
Don’t forget to use Risk Calculator IN EVERY TRADE.
You can have 7 loss trades and only 3 wins, but good risk management would bring you money in such statistics.
Loss less, earn more.
1. Calculate average entry price.
2. Put numbers in calculator.
3. Divide amount of contracts for each entry.