$BTC moved about $2,100 between its 24h low and high today (72.7K to 74.8K) 👀
Beginner tip: size your position by risk, not by excitement.
Pick how much you can lose on one trade, say 1% of a $1,000 account = $10. If your stop is 2% below entry, your position is $500, not your whole balance. A bad trade then costs $10, not your week.
Do you size by risk or by gut? 👇
$BTC $ETH #TradingTips #CryptoBeginners
Not financial advice, DYOR.
Beginner tip: size your position by risk, not by excitement.
Pick how much you can lose on one trade, say 1% of a $1,000 account = $10. If your stop is 2% below entry, your position is $500, not your whole balance. A bad trade then costs $10, not your week.
Do you size by risk or by gut? 👇
$BTC $ETH #TradingTips #CryptoBeginners
Not financial advice, DYOR.