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Risk Management
Risk management on Binance is an essential part of safe and effective cryptocurrency trading. Here are the most important steps and tips for risk management:
1. Determine the amount to risk.
Don't risk money you can't afford to lose.
Allocate a small percentage of your capital to each trade (e.g. 1-5% of your total balance).
2. Using Stop Loss Orders
1. Determine the amount to risk.
Don't risk money you can't afford to lose.
Allocate a small percentage of your capital to each trade (e.g. 1-5% of your total balance).
2. Using Stop Loss Orders
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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