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  1. How to Set Risk Amounts with Price Action

    by , 11-29-2014 at 04:42 PM
    • Traders should look for biases (trends) in the effort of getting the probabilities of success on their side, if even just by a little bit.
    • There is a massive difference between trading and analysis, and risk management can assist in bridging that gap.
    • Price action can offer traders built-in methods for managing and setting risk based on the environment in which they’re trading.

    Technical analysis is to use what’s happened in the past in the effort to trade what may happen in the ...