đšRisk Management 101 for Crypto Trading â ïžâïž
âĄïžHey Traders! To succeed in futures trading, strict risk management is essential. Always allocate only 10% of your wallet per trade. Start with 5% on your initial entry and 5% on your secondary entry. For example, if you have $100 in your wallet, limit your investment to $10 per trade (meaning $5 on the first entry and $5 on the second). Sticking to this 10% rule is key!
âĄïžWhen you reach your target, adjust your stop loss (SL) to the entry price. If further targets are hit (e.g., Target 2 or T
đšđš BREAKING: Eric Balchunas Senior ETF analyst for Bloomberg expects 'a wave of cryptocurrency ETFs next year' including $LTC, $HBAR, $SOL, & $XRP. đđ