The ABC’s of Risk Management | DailyFX: "Place a stop on every trade that is taken, so that when you are incorrect in a trade idea the damage can be mitigated. In the DailyFX On-Demand Video Course, we suggest risking less than 5% of the trader’s account at any one point in time. Many traders wanting to be more conservative have taken this a step further, looking to risk a maximum of 1% of their account value on each individual trade idea."
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