Is it safe to participate in these programs?
Answer
The safety largely depends on the platform you choose. Always verify the legitimacy of the platform through online reviews and by checking if they have any legal or regulatory backing. Using two-factor authentication and keeping your personal information secure can also help minimize risks.
Account $10,000, risk 1% → $100 risk per trade. Entry $50, stop $48 → $2 risk/share → 50 shares. Target $54 (2R). If stopped, −$100; if target hits, +$200 (before costs).
Use an amount you can afford to lose while learning a repeatable process.
Decide a fixed risk % per trade, then divide by the price distance to your stop.
Match your timeframe: daily/weekly for swing; weekly/monthly for long-term.
Thesis, entry/exit, risk (R), emotions, result, next improvement.