Credex Day Trading Academy

Risk Management 👀📝
I know such a BORING topic for new traders but it’s probably one of MAJOR KEY FACTORS you need to understand as a day trader. For example let’s say you have a small account size of $100. You gain 5% within one month of trading performance. 5% of $100 is $5. It’s important to get use to $1.34, $3.45, $1.09 etc. profits because that’s the reality of building a small $100 account. $5 is more than what a bank would give you on a savings so it’s important to be grateful for those small wins as they do ADD UP to BIG WINS in the market.

A market order deals with the ex*****on of the order; the price of the security is secondary to the speed of completing the trade. Limit orders deal primarily with the price; if the security's value is currently resting outside of the parameters set in the limit order, the transaction does not occur.

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