I m in need of best practice on position sizing, risk reward ration. Gone through different video online, but not OK with their explanation.
Any reference on - Position Sizing, Risk Reward and Taking profit.
Cheers
There were lots of videos online and i do say that it is just enough for you to grasp on whats its all about.It doesnt really need to be technical since position sizing
is really just pertaining about risk management depending into your capital on how much you can risk on on a particular position and of course next would be the risk reward
and TP would depend on how much you do goal out on a particular trade so this would will vary and we know that each person does have their own
decision on how much they do need for them to get satisfied in terms of profit.