price is squeezing between two trendline.
Today is the breakout day but at end of day some sell off happened so if tomorrow or next any day there is a pop out candle of 2-3 % then we should take entry with stop loss around 3% or below today candle & target will be around 10-12%
A very good RR ratio trade 1;3
please intact with stop loss
Learning -
how to do risk management with quantity?
quantity = risk per trade/stop loss(in rupees)
example-
let suppose you have 100000 capital.
if you want to risk 2000 rupees without any hole in your pocket then,
stop loss 10 rupees so
quantity =2000/10= 200 q
thanks
Today is the breakout day but at end of day some sell off happened so if tomorrow or next any day there is a pop out candle of 2-3 % then we should take entry with stop loss around 3% or below today candle & target will be around 10-12%
A very good RR ratio trade 1;3
please intact with stop loss
Learning -
how to do risk management with quantity?
quantity = risk per trade/stop loss(in rupees)
example-
let suppose you have 100000 capital.
if you want to risk 2000 rupees without any hole in your pocket then,
stop loss 10 rupees so
quantity =2000/10= 200 q
thanks