[Abbu Price Behavior] part2$BTC Band stop loss point and the most important position management in trading

In general, trader should avoid risking more than 3% of his account If $10,000 account, do not risk more than $300

Generally speaking, traders should avoid risking more than 3% of their account. If your account is $10,000, don’t risk more than $300

If trader has $500 profit, but stop must be $400 away, his risk is $400

If a trader has a profit of $500 but the stop loss must be outside $400, his risk is $400

He must reduce his risk by reducing position size or by exiting Then, look to re-enter on a PB if can again risk < 3%

He must reduce his risk by reducing his position size or exiting. Then, if risk is <span again, consider re-entering PB