Spot Strategy (Plan Your Invalidation)
🎯 Why your Stop Loss must be set BEFORE your purchase
If you’re wondering where to place your Stop Loss after opening a position, your emotions will influence your judgment.
📌 The rigorous method:
Identify the technical level that invalidates your buy thesis (e.g., a break of a major support).
Calculate your position size based on this distance so you don’t risk more than 1 to 2% of your total capital.
Place the Stop-Limit or OCO order immediately after execution.
A clear plan removes the stress of uncertainty!
#SpotTrading #StopLoseHunt s
#TradingPlan #CryptoEducation @BANANAS31