๐ The golden rule of risk and capital management is:
๐ Never risk more than 1% of your capital on each trade. ๐
๐ That is, never trade with more than 1% of your account balance. Let's say you lose 10 consecutive trades. In this case, if you apply this rule despite 10 consecutive losses, you'll still have 90% of your capital in your account.
๐ This way, you'll be able to recover your losses through a few profitable trades.
๐ To succeed in your trading, you must manage your portfolio properly.
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