5 TIPS TO NOT BREAK YOUR FINANCES IN 2024 🔥🔥👇
1. Implement the "2% Rule": Never risk more than 2% of your total trading account on one trade.
2. Use a volatility-based stop loss: Adjust your stop loss distance based on current market volatility.
3. "Ladder" Your Entry and Exit Points: Enter and exit positions gradually to minimize risk.
4. Set price alerts: Receive notifications when key price levels are reached to take timely action.
5. Backtesting with realistic fees and slippages: Incorporate these costs into your backtesting process to get a true picture of profitability.
lhZ@l0: 05..,.,63.,.,.,098''''8---9__6
#BinanceHODLerBANANA #BinanceTurns7 #SOFR_Spike #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions