Read These Risk Management Advices to Become Profitable in Future Trading👇

1. Implement the "2% Rule": Never risk more than 2% of your total trading account on a single trade.

2. Use a Volatility-Based Stop Loss: Adjust your stop-loss distance based on the current market volatility.

3. "Ladder" Your Entries and Exits: Gradually enter and exit positions to reduce risk exposure.

4. Set Price Alerts: Receive notifications when key price levels are reached to act promptly.

5. Backtest with Realistic Slippage and Fees: Incorporate these costs into your backtesting to get a true picture of profitability.
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