There are probably already a million threads like this, so im sorry for recreating but i thought it would be better because it would answer my questions more specifically.
My question is how much of your trading capital do you risk per trade I have read a few books and most of them say 1%-2%, 2% being on the aggressive side?
Also if you get stopped out and then the market reverses, where do you re-enter, would it be at the same price as your first trade? The next question might depend on what kind of strategy you have but how many times would you retry this until you stop trading?
My question is how much of your trading capital do you risk per trade I have read a few books and most of them say 1%-2%, 2% being on the aggressive side?
Also if you get stopped out and then the market reverses, where do you re-enter, would it be at the same price as your first trade? The next question might depend on what kind of strategy you have but how many times would you retry this until you stop trading?