Cryptocurrency Q&A What is the 3% rule in trading?

What is the 3% rule in trading?

EnchantedSky EnchantedSky Wed Sep 11 2024 | 7 answers 1885
Could you please elaborate on the concept of the 3% rule in trading? I'm curious to understand its significance and how traders utilize it in their strategies. Is it a risk management technique or a guideline for position sizing? How does it help traders maintain discipline and control over their investments? Also, are there any potential drawbacks or limitations to adhering strictly to this rule? What is the 3% rule in trading?

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