I'm betting EUR/USD has a better than 25% chance to climb back to 1.39.
I risk 1% of my capital to win 4%. If I lose, the stop loss will protect my capital and I can continue trading at least 99 times more!
That's where most traders fail: getting out when they are wrong and risking too much to win too little.
Don't do that!
Use a stop loss and aim high!
What is a stop loss? www.tradinggraphs.co...ders-online-trading/
Set a generous Risk/Reward ratio for each of your trades and you'll do fine.
I risk 1% of my capital to win 4%. If I lose, the stop loss will protect my capital and I can continue trading at least 99 times more!
That's where most traders fail: getting out when they are wrong and risking too much to win too little.
Don't do that!
Use a stop loss and aim high!
What is a stop loss? www.tradinggraphs.co...ders-online-trading/
Set a generous Risk/Reward ratio for each of your trades and you'll do fine.