As we know every one is looking for low risk setup. But the question is how low is the low we are looking for? In my short trading career i fund it really hard to find a low risk setup that really satisfied my wishes. According to my trading plan i should risk only 1% of my account(fixed amount),but i fund it hard to loss that much. So i made a change,the change is ,i will be only trade a stock if the previous candlestick of my entry candle is narrow enough to give me the same amount(or less) the stock price is ,but in cents. For exm in a 20 dollar stock i am willing to take .20c risk.
No comments:
Post a Comment