$ZK $NOT $IO
*Protecting Your Account from Liquidation: A Strategic Approach*
*Key Takeaways:*
- Use only 2% of your balance for each trade.
- Ensure your stop loss is not greater than the margin used to open the trade.
*Common Excuses Debunked:*
❌ *I want to make a big profit.*
❌ *My account is small, and I want to grow it.*
❌ *2% is too small to be effective.*
*Reality Check:*
❗️ Liquidation happens every day.
❗️ Trading without a stop loss often leads to liquidation.
❗️ Using a large margin (e.g., 10% or more) significantly increases the risk of liquidation.
❗️ The urge to make quick, large profits usually stems from inexperience and FOMO (Fear of Missing Out).
*A Better Approach:*
*1.* *Change Your Mindset About Trading:*
- Trading crypto is not a quick way to get rich; it requires patience and learning.
- Focus on gaining knowledge rather than rushing to make profits.
*2.* *Adopt a Strategic Approach:*
- Using 2% of your balance per trade limits losses to 8% after four consecutive losses.
- Analyze mistakes and improve your strategy for the next day.
*3.* *Consistent Improvement:*
- Reflect on trades to identify mistakes and improve strategy.
- The 2% rule allows for continuous trading without significant losses.
- Combining the 2% rule with an effective stop loss improves your win rate over time.
*Conclusion:*
By following these guidelines, you can trade more safely and steadily improve your success rate. *Happy trading!* #BinanceTournament #AirdropGuide #altcoins #BTC #pepe