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Risk Management Table:
It helps you determine the appropriate risk percentage from your capital to avoid losses.
It allows you to calculate the number of possible trades before depleting your capital in a professional manner.
Tips
For beginners: It is recommended not to risk more than 1% to 2% only.
A small percentage protects you from large losses and gives you a chance to gain experience safely.
Why buy a trading journal?
Organization: You trade in an organized manner instead of randomly.
Analysis: You discover the most profitable trades.
Development: You gradually learn from losing trades.