How much should I risk per trade? See below..

25 août 2024

* Trading is risky. Please don't rely solely on my financial advice.

* If you do take any of my trades, I suggest you only ever risk 0.25% - 0.5% of your total Capital on any given trade.

My trades have fantastic RR. Not this 1:1 crap you will get from a subscription service. But it's much more than my ego.

Here is why:

Say you risk 2% per trade like the gurus tell you.

If you have a 20K account & have 10 losing trades in a row, your account diminishes by $4000, so you now have a 16K account.

If you risk 0.25% per trade as I suggest. Here is the maths.

If you have a 20K account & have 10 losing trades in a row, your account diminished by a mere $500 compared to losing $4000 when you risked 2%.

You now still have $19,500 and you have not ruined your Psychology.

I have been trading a long time & 0.25% to 0.5% seems to be the sweet spot.

25 août 2024

Transaction en cours

The chart above relates to Palladium which is looking very good for a bull-run commencing tomorrow.
Keep it here on easy_explosive_trading & I will get us into the trade with a fantastic RR.

Monday we have 2 long trade ideas. Both are my setups. I have not pinched them anywhere.

I am very bullish SILVER - PRICE XAGUSD & PALLADIUM XPDUSD.

I will announce Entry Points during Monday's trading. It could be during the European session but we can always get in on the start of New York as well.

Cheers,
Chris