Course forex - Basic Training/Getting (5)

How Much Risk do You Want to Take on Each Trade?
Every trade has specific levels of support and resistance and, therefore, it is not possible to determine a prior rule for dollar risk. On opposite ends of the spectrum is the “systems approach.” Proponents of this approach claim that each trade is unique. A significant question, one that is perhaps best answered prior to the “money management school” will tell you that the best answer.
My job is to help you find it. There is, however, an answer that is your answer. There are merits to each approach and there is no right or wrong answer to the question. As you continue to read this course, you will get squashed. I prefer not to be in the middle of the extremes. My approach to this aspect of futures trading is essentially similar to my approach in other areas.
For the time being, however, I will tell you that each approach has its strong and weak points and you can be successful by following either of the extremes. For the time you have finished this course, you will have found the answer falling naturally into place. For the time you have finished this course, you will have found the answer falling naturally into place. For the time you have finished this course, you will have found the answer falling naturally into place. Hopefully, by the time you have finished this course, you will have found the answer falling naturally into place.