price is squeezing between two trendline. Today is the breakout day but at end of day some sell off happened so if tomorrow or next any day there is a pop out candle of 2-3 % then we should take entry with stop loss around 3% or below today candle & target will be around 10-12% A very good RR ratio trade 1;3 please intact with stop loss Learning - how to do risk management with quantity?
quantity = risk per trade/stop loss(in rupees) example- let suppose you have 100000 capital. if you want to risk 2000 rupees without any hole in your pocket then, stop loss 10 rupees so quantity =2000/10= 200 q thanks