Regarding position management:
Many trading resources often recommend keeping the risk on each trade to around 1%–2% of your total capital. The specific percentage depends on your personal risk tolerance.
Set your stop-loss first, then work backward to determine your position size based on the risk per trade. That way, the cost of being wrong on any trade stays within a range you’ve calculated in advance.
$BTC 82928 (+0.42%)
#BTC
Make your own decisions about buying and selling; don’t follow others blindly.
Many trading resources often recommend keeping the risk on each trade to around 1%–2% of your total capital. The specific percentage depends on your personal risk tolerance.
Set your stop-loss first, then work backward to determine your position size based on the risk per trade. That way, the cost of being wrong on any trade stays within a range you’ve calculated in advance.
$BTC 82928 (+0.42%)
#BTC
Make your own decisions about buying and selling; don’t follow others blindly.