Its not a set percentage like that. You figure out what's the maximum money you want to lose on a trade, let's say 100 dollars. Then u find out where support is and you say "if it breaks this support level I'm cutting losses." Then, based on the support level and you planned entry price you do math to figure out how many shares u can buy.
TIM need a FIsical RULE, on RISK AND REWARD.. people need quickly check with out asking the brain to check old files.
there are a lot of spreadsheets out there that will help you manage risk. I have links to a few, DM if interested (can't post outside links on here due to incestuous knowledge rules)
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TY
These two sites I think are the best fo find all the news about all the stocks you want
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@mhudson1975 just became a fully transparent trader today!
Try e-Trade just need 500. I believe, Have a nice weekend.
U can give Robinhood Gold a try, commission free, executions for me are very good, market orders fast, limit orders are fast too if there are bidders of course. Im currently looking to open a second account with either Etrade Pro or Interactive brokers
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