Comprehend what position sizing is and use it. Stop loss is not your only tool for lessening danger. By readjusting your position size you can use it to strike an affordable stop loss distance as well. Take a while to discover the differences between stop loss and position sizing.
SINGAPORE: A bearish target at $1,775.50 per tonne has been established for LME aluminium, as it has broken below a support at $1,806 per tonne. The support was provided by the 76.4 percent Fibonacci retracement on the rise from the Sept. 17 low of $1,775.50 to the Oct. 29 high of $1,905.75....LME aluminium targets $1,775.50
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Check more on Fibonacci Retracement
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