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What % of your capital do you allocate to each position?
To trade well, I recommend in this case that you divert completely from trading for a while and learn how to run a Casino business first Then come back to trade, and apply what you've learnt on statistics, probabilities, expectancies, etc...
Proper money management is the more important part of this business than any technical abilities you might develop.
Successful people will do what unsuccessful people won't or can't do!
Thats exactly my advice , 1-2% is just an arbitrary number , and its a risky proposition for short term traders , it simply wont/doesn't work for most ...