That's a clear and concise explanation of position sizing in trading. You've outlined the three key components: account size, risk per trade, and the distance of the stop loss. Your example calculation effectively demonstrates how these elements interact to determine the position size. This approach helps manage risk by ensuring that no single trade can significantly impact the overall account balance. It's a fundamental concept for traders aiming to maintain a disciplined and sustainable trading strategy.
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The entire Solana ecosystem is currently experiencing more inflows than Ethereum. As a result, the next significant wave of investment into altcoins, midcaps, and microcaps is likely to yield better opportunities on SOL compared to ETH.
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May your dreams in the new year be as bright as the northern lights on a winter night. Let them light your way, and even in the darkest hours, do not let yourself get lost or despair. And may there always be beauty around to inspire you to keep moving towards important goals. Happy roads in the new year!
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