Hi Fam ๐
Here's a quick guide on risk management:
- Entry Point: This is where we buy in.๐
- Stop Loss: Set above the entry to limit potential loss (for short positions).๐ด
- Take Profit: Two levels to consider based on risk-to-reward ratios; 1:1 and 1:2 ๐ต
Always calculate your risk and set targets accordingly to secure profits and minimize losses โ๏ธ
Stay sharp & Trade smart ๐๐