Prop Trader Shares How He Teaches Traders Risk Management
B The Trader
How Do You Decide a Maximum Loss?
Alex Bcase: How do you guys determine, i don't meed numbers. I just want to know how you guys determine a or how would someone determine beause i get this question all the time. He says starting off a small account, your daily loss limit should always be a percentage of that the account value. If it were me, i would break that 250 into ten trades, so that if i have ten losing trades in a row, that's it.
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