$ADA yesterday I opened long on $ADA four times

Everyone says that trading requires a strategy, a plan, knowledge of technical analysis, etc. yes, this is all true
but
At the very first stage, when a position is opened, many do not have a clear strategy of what they will do if the price goes against the position, and moreover, they do not know what to do when the price goes in favor of the position
So - the main thing is not profit - here is a rhetorical question - what to do
We see many posts in the feed - I do not know what to do
The situation on the market can change at any moment and if a position is already open - you must know what to do
If you do not know what to do - simply - do not open a position, or close all positions, even at a loss
So strategy - the Holy Grail - how to lose a position without a loss
Here is simple logic
With any leverage, one and the same logic works - moving the stop to the breakeven level - thus all the costs of opening a position are covered and add to this the costs of closing
When to move the stop - here you need to decide for yourself, it depends on the level of greed that you suffer from
- with high leverage I move the stop as soon as I see profit 25-50-100%
- with low leverage I can move the stop only when certain levels are reached
The second point is reducing the position in profit - smart money does not sit with a position of millions, trying to take every last cent from the market and does not close million-dollar positions at once, they close positions in parts, little by little, while the price goes in their favor ... Ask yourself why you do not do the same?
For example,

Today a position was opened on $ADA with a leverage of 74x
which did not bring me a big profit, but also did not bring a loss
after opening the price showed a profit of 100% - I immediately moved the stop to breakeven - then it approached my level for a partial closing of the position at Fibo 1,618 and position was reduced by 25%, but after that price moved down, closing the position by stop - but the stop was already at breakeven
thus the position was lost but without a loss

Today a second position was opened on $ADA with a leverage of 74x - the same analysis, the same levels
opening price 1.09890
breakeven price 1.09945
the price has already reached 1.115 - which shows 100% profit
What to do?
For example, move the stop to breakeven at a level with 5% profit and reduce the position by 10-25%
Or, move the stop to 15% in profit and wait until it reaches the levels that were determined for partial closing of the position, which is clear today - near the Fibonacci levels at 1.618, 2.168 and 4.238
$BTC