$ xrp 🥂 Em breve #XRP/USDT.P #XRPBullRun | AmanXBT na Binance Square

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$ xrp 🥂 Em breve #XRP/USDT.P #XRPBullRun 

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Congratulations Boys if you have caught this move, i called it before hand ⚔️ We are leading the king moves in BTC ⚔️ Follow and comment for more analysis ⚔️ #BTC🔥🔥🔥🔥🔥 $BTC

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😳 Proper Risk Management😳 I have shared so many times in my profile, sharing again 📝 Keep your notebook ready Proper risk management involves calculating the position size before entering a trade to ensure that if the stop loss is hit, you only lose a small percentage of your account balance, typically 1%. 🗿 For example, if your trading account is $10,000, and you are taking a long position, you should only lose $100 if the stop loss is hit. 😼 To calculate the position size, use a position size calculator provided by the exchange, enter your entry price and stop loss as an exit price, and adjust the quantity/size until you get 1% of your account balance as a loss. 🎧 This helps manage risk and avoid losing your entire account on a single trade. 🤓 #RiskManagementMastery

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Some Thoughts These types of trading environments are what develop bad habits. Trading for the most part requires patience allowing the setup that works for your system to develop. The last few weeks have been relatively risk on meaning you find a setup, execute and it tends to play out rather quickly- I call that instant gratification So when the market stabilizes you are left with a instant mindset to execute and end up flip flopping setups. Do what has worked for you in the long run and try to cut the noise out- the market will always provide

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