Never risk more than 1% to 2% of your total account equity on a single trade. If you possess a $10,000 account, your maximum loss on any given setup should be strictly limited to $100. This ensures that a normal consecutive losing streak will not decimate your trading capital. Calculating Correct Position Sizing
Wait for the price to return to a major daily support or resistance level. Look for a price rejection candle (like a pin bar). Enter on the close of the rejection candle, placing your stop loss just past the structural wick. Strategy 2: The Breakthrough Breakout the trading blueprint the trading geekzip full
Identifying institutional buying or selling zones left by large market players. Never risk more than 1% to 2% of