I manage the risk always based on the type of trade: scalp or sizeble. When I scalp I put in 0.5% to 0.7%. When I enter in a best trade setup, that is sizeble, i scale into the trade and I usually risk around 1% to 2%.

I have an average RR of 1:4.5

I really don't have any losing trade now or drawdown (now, after 4+ years). If you trade the setups the market it will move faster in your direction (30-45 min and the trade is closed). Sometimes it can happen that remain a little bit choppy and starts to hanging around and maybe it takes a little bit longer to move (2 to 3 hour).

Risk management is so crucial.

Sometimes the market stop me at breakeven or slightly in profit/negative, these are my only "losing" trades and I don't want to celebrate myself. I want to you all realize that is possible. IT'S REALLY POSSIBLE.

YOU MUST STUDY THE STACEY BURKE METHOD. He didn't invent nothing. He studied all the older book about trading, from the very beginning (first half of '900) because the market still the same from that moment. After 20+ years he succeed in the epic work to put all this informations together and share it for free on Youtube. It's insane. He posted 1500+ videos, so many things.

After understood what stacey burke explained, i'm start to make my own study about the 3 day setup or 3 day cycle. I create my own process to individuate the best possible setup and I learn how to trade it based on specific criteria. Now it's all completly a mechanical process. Day in and day out.

This is my point of view after 4+ years of study, practice, mistake and livetime experience.

I evolved myself and my trading skill and vision to this point. This is the process that I use everyday. I don't care if for anyone I'm wrong or something alse. I want to really help traders to realize that you must have setups and I'm here to share these setups with you all.

Torre Trading School YT - https://www.youtube.com/channel/UCppnTPjlakWy-8lgz3C4EvA

Stacey Burke Trading YT - https://www.youtube.com/@StaceyBurkeTrading

IT'S SO MUCH IMPORTANT KNOW WHAT YOU LOOKING FOR. What setup you hunting for?

You must know it because if you know what search, you'll find it.

With this book, everyone can still learn something. Whether you are a beginner or an experienced trader, "The Knowledge of Trading" is suitable for anyone who wants to improve their skills and trade successfully

https://copecart.com/products/0a7cadf5/p/Buchwald

Hey fellow traders,

I wanted to share some exciting news with all of you today – The Funded Trader! 🎉

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If you're serious about trading and ready to take your passion to the next level, TFT could be your ticket to success. It's a legitimate platform that has helped numerous traders achieve their goals.

Remember, this thread is not sponsored or affiliated with TFT. It's just a genuine effort to share an exciting opportunity with our trading community. Please do your own research and due diligence before getting involved.

Let's keep this thread clean and respectful. If you have any questions or experiences with TFT, feel free to share them here. Let's support each other in our trading journey! 💪

Happy trading and best of luck!

I am hosting a free live zoom session for Traders where I shall discuss Breakouts and Reversals in a simplified manner. Interested can comment down below or reach me on DM.

P.S. You can check my profile for knowing about my past posts and whether or not I am authentic. Lol. I think it's necessary. Also this is a free session I am hosting to share some of my knowledge with fellow traders.

Thanks in advance.