Category: Risk Management
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How to Set Daily Loss Limits on Rithmic/R Trader Pro
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If you’re struggling with minimizing your losses during a prop firm evaluation or funded account, don’t worry. It’s a common struggle for many traders when first learning to trade. But if you feel like nothing is helping, this may help. Several prop firms impose a Daily Loss Limit on evaluations/funded…
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How to Apply Risk Management in Day Trading
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Risk management is a critical component of success in the world of day trading. Some would say it’s the most important, as without it, you can lose the game entirely. When day trading futures, the potential risk to your capital is magnified due to leverage. Markets can move quickly, even…