Do you understand your risk when Trading?

How much risk per trade? You must decide this important issue. Trend follower & professional traders risk .05% to 5% of capital per trade. The 5% I think is an accident waiting to happen. You must fit this figure to your system.
Do you understand your risk?
Do you Systems trade?
Is my system discretionary or systematic?
A systematic approach takes all signals generated by a trading system. A discretionary system does not mean haphazard trading but rather allows the trader to make exceptions to what he buys or sells within the framework of the signals he generates.

Where are my stops, what are the meaning of my stops?
Quantify risk. Two words that separate the world of success and the world of failure.
Losses are expected. You are not a bad trader if you have them.

Think about these questions when you trend follow

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