trading strategies and tactics to obtain money through daily price changes. This means a high level of adaptability and short periods of status quo in any given way.We’ve heard countless stories about those who like to risk and those who don’t.
Much less have we heard of those who like facing uncertainty. The difference is huge, yet it can be easily neglected at the first glance.
In risk, the result can be predicted, while it doesn’t have the 100% certainty to happen. On the other hand, uncertainty includes the impossibility of anticipating and quantifying the result.In the day trading world, there’s a golden rule that traders shouldn’t risk more than 1% of their account value in a single trade, that is – don’t do anything that won’t ensure.
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