Let's talk about position management:
Risk per trade is the amount you would lose if a trade hits its stop-loss. It is roughly equal to the position's notional value multiplied by the percentage difference between the entry price and the stop-loss price.
Keeping risk per trade small enough means that even after several consecutive wrong calls, your account will still have sufficient funds, so one or two mistakes won't deal a crippling blow.
$BTC 81311.84（-2.61%）
#BTC
Risk per trade is the amount you would lose if a trade hits its stop-loss. It is roughly equal to the position's notional value multiplied by the percentage difference between the entry price and the stop-loss price.
Keeping risk per trade small enough means that even after several consecutive wrong calls, your account will still have sufficient funds, so one or two mistakes won't deal a crippling blow.
$BTC 81311.84（-2.61%）
#BTC