I follow the daily charts with a trend curve that represents a period of 2 years and a half. If the price is above the 500 Linear Weighted Moving Average ( LWMA ), then an uptrend may be starting, if the price is below it, then it may be a downtrend.
Money Management is measured this way: 2% of account balance represents 2 ATR (500) value. And I only invest 2% of the Account Capital per trade. With a max of 20% of capital in risk for the 10 instruments I follow.
Trades can last a month, a year, or even more. It depends on how strong is the trend.
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