How to manage your capital when entering into a trading deal, a practical explanation based on a recommendation
In the beginning, we must understand that capital management is the most important thing in trading because you may understand analysis, but you do not have capital management. In this case, any reflection of the market, your losses will be very large. Let me explain to you that when I enter a deal, I distribute the entry rates more. Now I have a currency suitable for entry, such as the currency $CFX . Its target distribution is for entry prices and profit targets, which are as follows. Entry price from the current price 0.2286 1% of your portfolio capital Second entry price 0.222 2% of the size of your portfolio Third entry price 0.211 3% of the size of your portfolio Stop loss Close 4 hours below 0.1953 And so if the price drops to the price For the third entry, we will have made a lower entry price when the price returns to the first entry price. We will be making a profit. We can appreciate our capital. If we do not want to wait for the expected profit targets according to the currency analysis, and now we come to the currency targets. The first target is 0.249. The second target is 0.27. The third target is 0.35. The fourth target is 0.47. We can divide the amount by the targets. Each target is 25% via a limit order or an order order that cancels the loss. Capital is very important. Guys, please ask me a question in the comments. Good luck and success, God willing. Pray for us #Write2Earn #TradeNTell
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