(1) stoped out prematurely due to tight stoplosses and (2) I would miss the trade completely because the risk was above 3%. But now, I am able to take any trade while maintaining my desired risk/reward. #PLTR #swingtrading #stockmarket #stocks #investing #riskmanagement
March 17, 2025 at 10:30 PM
(1) stoped out prematurely due to tight stoplosses and (2) I would miss the trade completely because the risk was above 3%. But now, I am able to take any trade while maintaining my desired risk/reward. #PLTR #swingtrading #stockmarket #stocks #investing #riskmanagement
Answer: Divide the dollar amount of risk ($500) by the amount of percentage risk (10.29%).
500/.1029=4859
Your position size when entering the trade should be $4859
This has helped me tremendously. I had always used a fixed percentage risk number of 3%. This caused a few problems:
500/.1029=4859
Your position size when entering the trade should be $4859
This has helped me tremendously. I had always used a fixed percentage risk number of 3%. This caused a few problems:
March 17, 2025 at 10:30 PM
Answer: Divide the dollar amount of risk ($500) by the amount of percentage risk (10.29%).
500/.1029=4859
Your position size when entering the trade should be $4859
This has helped me tremendously. I had always used a fixed percentage risk number of 3%. This caused a few problems:
500/.1029=4859
Your position size when entering the trade should be $4859
This has helped me tremendously. I had always used a fixed percentage risk number of 3%. This caused a few problems:
For example, $PLTR’s ORB (opening range breakout) is sitting at $87.28. The next level of support is around $78.25. So in this case, that’s a 10.29% difference between entry ($87.28) and risk ($78.25). How do I enter this trade while (1) giving it room to respect support and (2) maintain $500 risk?
March 17, 2025 at 10:30 PM
For example, $PLTR’s ORB (opening range breakout) is sitting at $87.28. The next level of support is around $78.25. So in this case, that’s a 10.29% difference between entry ($87.28) and risk ($78.25). How do I enter this trade while (1) giving it room to respect support and (2) maintain $500 risk?
How do you maintain a $500 max loss on any given position, while reducing your chance of being stopped out prematurely? Answer = take the dollar of of your max loss ($500) and divide it by the amount of risk that is presented in each trade.
March 17, 2025 at 10:30 PM
How do you maintain a $500 max loss on any given position, while reducing your chance of being stopped out prematurely? Answer = take the dollar of of your max loss ($500) and divide it by the amount of risk that is presented in each trade.