Hong Kong

2024-12-28 17:00

IndustriaRisk Management in Breakout Trading
1. Use Tight Stop-Losses Place stops just inside the breakout level to minimize losses from false breakouts. 2. Limit Position Size Keep risk per trade within acceptable levels by adjusting position size based on volatility. 3. Avoid Breakouts in Low Liquidity Markets Ensure there is enough market participation to support the breakout movement. 4. Use Trailing Stops Lock in profits as the price moves in your favor by using trailing stop orders.
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Risk Management in Breakout Trading
Hong Kong | 2024-12-28 17:00
1. Use Tight Stop-Losses Place stops just inside the breakout level to minimize losses from false breakouts. 2. Limit Position Size Keep risk per trade within acceptable levels by adjusting position size based on volatility. 3. Avoid Breakouts in Low Liquidity Markets Ensure there is enough market participation to support the breakout movement. 4. Use Trailing Stops Lock in profits as the price moves in your favor by using trailing stop orders.
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