fixie224

fixie224

Risk Management • Position Sizing: • Risk no more than 1–2% of your total portfolio on this trade. • Example: For a $50,000 portfolio, limit the risk to $500–$1,000. • Risk-Reward Ratio: • Aim for a minimum of 1:2 or 1:3 risk-reward ratio (e.g., risking $1.50 to gain $3.00).