Everyone talks about entries. Very few traders talk about what happens after they enter a trade. I'm curious how everyone approaches risk management because there are so many different styles. 👇 Share your approach: 📌 How much do you risk per trade?(0.5%, 1%, 2%, more?) 📌 When do you move your stop to breakeven? - At 1:1? - At 1:2? - Never? 📌 How do you manage profits? - Fixed target? - Trailing stop? - Scale out along the way? 📌 Do you increase position size after a winning streak?Or reduce it after a losing streak? I've found that two traders can use the exact same strategy and get completely different results because of how they manage risk. Would love to hear how everyone approaches it 👇 And if you've changed your approach over the years, tell us what changed and why.

Buy - Above 51777 SL - 50681 (or currently forming swing low) Tgt - 54000 ++ RR - 3.2+

Sell Area - 215 -215.200 SL - 216.602 Tgt Area - 209 RR - 1: 4 A trade you can plug into your system 😃

The image below is that of the Gold chart from a few months ago! Can you identify and/or mark out this corrective? What type of correction is this? Let's put our Elliott wave knowledge to the test!

Sell Area - 105 - 101 SL - 111 Tgt Area - 68 - 62 RR - 7+