Hi Fam 👋
Here's a quick guide on risk management:
- Entry Point: This is where we buy in.💎
- Stop Loss: Set above the entry to limit potential loss (for short positions).🔴
- Take Profit: Two levels to consider based on risk-to-reward ratios; 1:1 and 1:2 💵
Always calculate your risk and set targets accordingly to secure profits and minimize losses ✔️
Stay sharp & Trade smart 📈📉
