I Gained 7.3k$ Trading on Binance Futures This Week🥳
Here are Some Tips For You to Become Profitable👇
1. Use Trailing Stops: Protect profits by using trailing stops that adjust with the market.
2. Max Drawdown: Define a maximum drawdown percentage you’re willing to tolerate.
3. Daily Loss Limit: Set a daily loss limit to prevent excessive losses in a single day.
4. Profit Targets: Set realistic profit targets for each trade.
5. Hedging: Use hedging strategies to protect against potential losses.
6. Maintain a Trading Journal: Keep a detailed journal of all trades to review and improve your strategy.