Question 1: How do you calculate trading volume?

This is not a difficult question but most traders ignore answering such questions. While this is the factor that determines how much money you will lose.

Trading volume needs to be calculated based on the number of stop-loss pips and the risk that the trader accepts. The smaller your trade volume, the lower your risk.


Question 2: How much risk do you accept for each trade order? Do you charge an overnight fee and spread inside it?

Many successful traders recommend that each trading order should only accept the risk of about 1 to 2% of the trading capital. And of course, we need to include swaps (excluding day traders) and spreads too.

Question 3: Should you move your stop loss after opening a position or let the market run on until it hits the stop loss or takes profit

The answer to this question should be based on your market conditions and your ability to analyze it.
Stop-loss is a skill that should only be performed when market conditions support it, and at the same time, you also need to have the skills to capture the context, analyze price action to know where to move the stop loss. that is appropriate or not.

However, once you have this skill, it is best to take advantage of it, as it helps you protect and increase your profits. However, if you do not have this skill then setting a fixed stop loss is also good.


Question 4: Do you set profit-taking based on support resistance, technical indicators, or a fixed RR ratio

Of the three, it is still best to set profit-taking against resistance support is best and most intuitive.

Question 5: How do you handle losing positions? Volume reduction? Or stop trading after a number of losing orders? Or...?

You should always have a plan for your losing positions in advance, do not let heavy losses take into account limiting your risk.

Still know that tomorrow, the fad, the day after tomorrow, ... the market still gives us an opportunity, but the important thing is that if you have a volatile mentality, that opportunity is not sure you will have grasped. It even made losses worse. So, or set the rules yourself when you lose money, you need to have a solution how. For example, if there is a loss order, you should stop trading for a day. And follow that principle.


Question 6: What is your main trading principle for having a complete strategy?

You need to understand your trading style and method before you can fully grasp the trading principles.

For example, as a swing trader, my trading principle is always to check resistance on W1. Then moving down to the main time frame D1 identifies the trend. Then identify momentum and support resistance. Finally, look for signals around the resistance support to trade.

You also need to understand your trading principles to find the right entry signals with the criteria you need.


Question 7: Do you have any way to control drawdowns?

If the drawdowns are too high it means there's a problem with your way of capital management or methodology. You need rest time to review the above 2 issues and you definitely need a better trading plan.