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.

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