Risk management is what keeps a good strategy alive.
Before entering any trade, you should already know:
• where the setup becomes invalid
• how much you are willing to lose
• whether the potential reward justifies the risk
• what position size fits that risk
The entry gets most of the attention.
But the risk decision made before the entry often matters much more.
Protect capital first. Profits come second.
$BTC
#Trading #RiskManagement #CryptoTrading
Before entering any trade, you should already know:
• where the setup becomes invalid
• how much you are willing to lose
• whether the potential reward justifies the risk
• what position size fits that risk
The entry gets most of the attention.
But the risk decision made before the entry often matters much more.
Protect capital first. Profits come second.
$BTC
#Trading #RiskManagement #CryptoTrading
