Here are Some Tips For You to Manage Your Risk👇
1. Trade Smaller to Minimize Risk: Reduce your risk exposure by using smaller position sizes.
2. Trade in Cross Mode: Protect yourself from liquidation by using cross mode, which utilizes your entire account balance as collateral.
3. Use SL/TP & DCA: Employ stop-losses, take-profits, and dollar-cost averaging to manage risk and optimize your entries and exits.
4. Master Limit Orders: Execute precise trades like a pro with limit orders and advanced stop-loss/take-profit settings.
5. Avoid Emotional Trading: Stay disciplined, control your emotions, and stick to your trading plan to avoid impulsive decisions.
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