$ETH #Binance #Ethereum The question is, what should we do when entering the price discovery area? - always have an exit strategy, keep your psychology from being greedy to avoid delusional disorder - Maintain money management so you don't over trade - carry out portfolio management by means of regular TP if necessary to avoid unexpected events - The most important thing is to do a thorough independent analysis so that you are not easily influenced by other people (commitment to the trading plan)
See the example above rr is a risk ratio of 1.51 So if we set the SL to lose it is $20. Of course, if you want a max SL of $20 then the margin you have must be more than $20. For example, if you deposit $100 GT, so if you lose $20 it means you have lost 20% of your capital. Later, if tp means $20 x 1.51 = $30.2 you get it. (excludes fees) How do you calculate if you want SL Max to lose $20? Look at the SL percentage, it's 4.64%, right? So here's the formula, for example if you want a max loss of $20= $20/4.64 * 100 = $431 Didn't you get the figure $431? So later on, set the leverage to max. Then set it, you can enter USDT. Later, just copy and paste $431 into the Size = .... USDT column. That's all.