I ask this because I have found that often it is not a conscious decision but rather traders are told how they should manage winners and losers and it usually has nothing to do with the levels on the charts.
I think it’s a philosophy and not a formula. In this video I share how to approach trade management (which includes risk management as well). The video runs about 20 minutes.
Many of the past few videos I have posted are a good way to get to know more about my style of forex trading and the tools I use to accomplish my goals. I hope you enjoy it.