How to manage risks while trading with NAGA?
Written by Support Team
Updated over a week ago
Updated over a week ago
We care about our traders and we want you to be always on the safest side during your trading carrier. Therefore, we have gathered a few tips for you in order to minimize the risk of losses.
TIPS:
Position size: Choose carefully your position size according to your own budgetÂ
Volatile market: During major events or announcements the market can get extremely volatile
2% investment: The so-called Golden Rule of 2%, can control your emotional and impulsive trading
Investment in different categories: Divide the chances of winning or losing in multiple markets
Use the Naga Protector: Stop Loss and Take Profit can give you better control of your trades
You can always check our educational video here for more details.
Did this answer your question?