Smart MoneyConcept is trading like institutions.
No chasing Price
Just wait for liquidity,
Break of Structure
Order Block to give sniper entries
Yes coach. SMC = trade like institutions. No chasing. Wait for liquidity, BOS, then entry at order block for sniper entries.
Good morning everyone
We're almost at the top
Hope we all slept well?
1.What is a stop-loss?
2.What is take-profit?
3.What is risk-to-reward ratio?
4.What is position sizing?
5.Why is risk management important?
6.How much should a trader risk per trade?
7.What is drawdown?
Make everybody pick and answer
I got only one respond
Pls let's bring in our contributions and finish the rest
Number 1 and 2 has been answered already
No. 6
Every trader should risk what he/ she can be able to afford, just put in mind that the higher your risk, the higher your reward, but nothing less than $10
