Read These Risk Management Tips to Boost Your Trading Success👇

1. Follow the "2% Rule": Limit your risk to no more than 2% of your total trading account on any single trade.

2. Apply a Volatility-Based Stop Loss: Tailor your stop-loss levels to match the market's current volatility for better risk management.

3. Use Laddered Entries and Exits: Enter and exit your positions gradually to minimize exposure and enhance your potential gains.

4. Set Price Alerts: Stay alert with notifications for critical price levels, allowing you to respond quickly to market opportunities.

5. Backtest with Realistic Slippage and Fees: Include these factors in your backtesting to accurately assess your potential profitability.

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