Trade Management

#1
Trade management is one of the standard of risk administration. We can not put all our cash in trading. There is a few guidelines. For my trading I risk 2% of my capital for every trade. What's more, the most extreme presentation to risk is 4%. It implies I open most extreme of 2 trades. Most traders do not follow this rule. They just risk all their money into trading. I think everybody ought to keep up their risk administration rules. Because trading is all about discipline.
 
#2
Indeed, I agree that discipline is the key to success. It functions as the base of successful trading. Despite this, In my own experience of ups and downs, I can't begin to count the number of times that adhering to those risk limits has saved my life.
 
#3
Trade management is all about setting lot size, following risk management policy, deciding how many trades to open every single day.