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BlackchenOG
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securing 70% of profit let the remaining 30% make it to the last tp
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$GALA dropping my old chart of gala waiting for a chart pattern to form which will confirm a potential breakout of gala to the upside see photo for price targets. take this as a guide and not a financial advice 🔥
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0.3 💎
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How to Manage a Safe Trade with Proper Risk Management Trading isn’t just about profits; it’s about protecting your capital. Proper risk management is the foundation of long-term success. Here's how: 1️⃣ Use Only 1% of Your Capital per Trade Never risk more than 1% of your total capital on a single trade. This keeps your account safe even during a losing streak. 2️⃣ Set Stop-Loss Orders Always define your exit point before entering a trade. A stop-loss is your safety net against unexpected market moves. 3️⃣ Position Sizing Calculate your position size based on the distance between your entry and stop-loss to ensure losses stay within the 1% rule. 4️⃣ Stick to Your Plan Discipline is key. Avoid emotional decisions and follow your strategy consistently. 5️⃣ Have a Trading System A consistent trading system helps you make objective decisions. If you don’t have one, feel free to DM me on my X account—I’d be happy to guide you! Protect your capital today so you can trade confidently tomorrow! 🚀 consider these as your trading guide. not financial advice 🔥
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$SUI Spot only Swing trade if the trendline breaks it will increase the potential of market a revisit to the plotted price below 👇 in that case DCA is ideally initiated on those price levels below or just take the support levels. see photo for price details note spot trade only retracement is highly anticipated but if you want to ride now then don't wait for discount entry not financial advice 🔥 proceed with caution 🤏 #SUI🔥
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but always be cautious on your trade 🛑
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