TradingCult employs robust risk management strategies to safeguard capital. These strategies include setting daily drawdown limits and maximum loss thresholds to prevent excessive losses in a single trading day or over the Challenge period. The platform emphasises disciplined trading, encouraging traders to manage risk effectively through strategic position sizing, stop-loss orders, and adherence to predefined risk parameters. By incorporating these measures, TradingCult aims to foster responsible trading that prioritises capital preservation and sustainable trading practices.
Can you detail TradingCults risk management strategies?
1 min. readlast update: 06.11.2024