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AmanXBT
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I'll be active here again if you can see my post, thank you 🪄
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if you can see my post, thank you 🪄
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😳 Proper Risk Management😳 Proper risk management involves calculating the position size before entering a trade to ensure that if the stop loss is hit, you only lose a small percentage of your account balance, typically 1%. 🗿 For example, if your trading account is $10,000, and you are taking a long position, you should only lose $100 if the stop loss is hit. 😼 To calculate the position size, use a position size calculator provided by the exchange, enter your entry price and stop loss as an exit price, and adjust the quantity/size until you get 1% of your account balance as a loss. 🎧 This helps manage risk and avoid losing your entire account on a single trade. 🤓 #Write2Earn
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Don't just short every top gainers lol
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What i am Missing as a creator ?
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Do not update your kucoin, Binance or mexc apps if you are an Indian user. Because after updating u can't run these apps in your device.
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SL is that much important lol I always check my loss first and profit later, before taking any position 🥰 So if you can bear that loss, you are good to go otherwise don't trade lol You'll get rekt in the end
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