Portfolio building
Don't risk all your capital in one trade
Example
Capital of $100
Atleast risk $10 to 10 trades
Be targeting 50-100% rise on any to balance if others is not doing well.
Atleast in 5-7 trades
Increase in any will balance the ones in loss
Same apply to $1000 capital
$50 each to 10 trades
Alot of opportunities in the market.
It will help you build your psychology towards the market.
Now if 5-7 of your trades in profit, you won't loss much in the market rather it will help you to be balancing your risk management.
Follow cosmas for more insights.
Position sizing matters alot.....
New traders always apply
Diversification of for example
$1000 capital ($50 to 7 Trades ......
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