4min chapter

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) cover image

211: He Quit Smart Money Trading for this “Much Easier” Style…

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

CHAPTER

How to Protect Your Account From Major Losses

For me it's a lot about the market flow, how it's moving the tendencies that has to. When I say tendencies I mean how it takes up and now right like how it creates its structure every pair has its own characteristic especially gold and gold to me is very, very forgivingLike let's say I was sell, it goes one to five, I take 50% off. If it wants to go down, then it will stop me out of my position but I have a position below. So I'm always having something running to protect my account from any major lossesIt kind of just gives me a buffer. There's times where the market aligns where you can take a bigger trade

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