Is it possible to minimize risk while day trading ASX stocks?
- Submitted by 2 days ago
Jack Milleer
Answered 2 days ago
Yes, risk management is absolutely essential for day trading success on the ASX. Traders commonly rely on tools like stop-loss orders to cap potential losses, while also managing position sizing to avoid overexposure to a single trade. Additionally, many employ diversified strategies to spread risk across various setups or sectors.
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