2024-12-23 07:29
IndustryRisk Management for Swing Trading
1. Set Appropriate Stop-Loss Levels
Place stops below support for long trades and above resistance for short trades.
2. Use a Favorable Risk-to-Reward Ratio
Aim for at least 1:2 to ensure profitability over the long term.
3. Limit Trade Sizes
Risk only 1-2% of your account per trade.
4. Monitor Open Positions
Regularly adjust stops to lock in profits as the trade progresses.
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Risk Management for Swing Trading
Hong Kong | 2024-12-23 07:291. Set Appropriate Stop-Loss Levels
Place stops below support for long trades and above resistance for short trades.
2. Use a Favorable Risk-to-Reward Ratio
Aim for at least 1:2 to ensure profitability over the long term.
3. Limit Trade Sizes
Risk only 1-2% of your account per trade.
4. Monitor Open Positions
Regularly adjust stops to lock in profits as the trade progresses.
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