Should we always rely on symmetry in buying and selling parameters?
Once you start learning about trading strategy and the technical indicators available, you will often see the same widely used parameters for popular indicators, as if these parameters were absolute rules that are set in stone.
On this blog post, we will know more about different perspectives on symmetrical parameters in Forex Trading.
Today I wanted to share some thoughts on buying and selling on Forex Market:
When I was in New York, I took the photo with the charging bull and it made me thought about this question, what does the charging bull represent? Why is it a bull and not a bear?
Have you ever wondered to yourself how to calculate EXACTLY what % of your account balance to risk on a given trade?
I mean you’re sitting there, about to open a trade for what seems to be a good opportunity, but you’re not sure what the optimal volume / lot size is. On one hand, you don’t want to risk too much in case the market goes against you, but on the other hand, you don’t want to risk too little either. Sound familiar?
That’s what we are going to explore today – EXACTLY what % of your balance is it optimal to risk on a given trade. It’s going to be fun!