Here are Some Risk Management Advices For You👇

1. Monitor Price Movements: Keep a close eye on price action and adjust your stop-loss as necessary.

2. Trail Your Stops: Consider using trailing stops to lock in profits as the market moves in your favor.

3. Avoid Averaging Down: Resist the temptation to add to a losing position to lower your average entry price.

4. Review Trade Thesis: Continuously reassess the validity of your trade thesis based on new information.

5. Avoid Overtrading: Stick to your planned number of trades per day or week to avoid fatigue and errors.

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