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🟢Deal securing strategy (very important)🟢
In every deal you enter, you must know how to guarantee your capital and achieve your profit even if the currency rises.
The simple strategy relies on limiting your losses and managing limits.
The method is to raise the limit price after achieving each goal. Let's see an applied example:
• If you enter a trade with a limit and targets, and achieve the first target, raise the limit to your entry price (and thus guarantee your capital) ✅
• If the deal continues to rise and achieves the second target, raise the limit to the price of the first target (to guarantee your capital and profit) ✅
With each goal, raise the limit for the previous goal 👌🏻
🔴 Stopping the limit protects your capital, especially in volatile markets. There may be a significant decline in the currency and you will miss the opportunity to sell, so placing a stop protects your capital when applying this strategy~
#DENT $DENT #bitcoin
🟢Deal securing strategy (very important)🟢
In every deal you enter, you must know how to guarantee your capital and achieve your profit even if the currency rises.
The simple strategy relies on limiting your losses and managing limits.
The method is to raise the limit price after achieving each goal. Let's see an applied example:
• If you enter a trade with a limit and targets, and achieve the first target, raise the limit to your entry price (and thus guarantee your capital) ✅
• If the deal continues to rise and achieves the second target, raise the limit to the price of the first target (to guarantee your capital and profit) ✅
With each goal, raise the limit for the previous goal 👌🏻
🔴 Stopping the limit protects your capital, especially in volatile markets. There may be a significant decline in the currency and you will miss the opportunity to sell, so placing a stop protects your capital when applying this strategy~
#DENT $DENT #bitcoin
