RE: A Simple Lesson in Risk Management

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A Simple Lesson in Risk Management

in trading •  8 years ago 

So i guess its not really 2:1 .. its 2:1 on the first 66% of the trade. Once that target is met you can zero your stop loss and have 0:infinite on the remaining 33%..

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Makes perfect sense! I use the same method with my positions, once target one has been achieved I'll move my stop loss into profit to bulletproof the trade.