### **Profit Booking Strategy**: 1. **At TP1**: - Book **20%** of your total profit. - Update **Stop-Loss (SL)** to breakeven (entry price) to minimize risk. 2. **At TP2**: - Book an additional **30%** of your profit (total booked: 50%). - Trailing SL: Move SL slightly above TP1 for safety in case of market reversal. 3. **At TP3**: - Book another **20%** of your profit
I want to address the recent ARCUSDT buy signal I posted. I understand that many of you may have experienced losses due to the rapid and significant price drop that occurred shortly after the signal was issued.
I sincerely apologize for any financial losses incurred. While the signal was based on Bollinger Bands analysis and a specific entry point, the market moved unexpectedly and swiftly in the opposite direction.
**Here's what I've learned and what I'll do better:**
* **Reinforce Risk Management:** I will be *much* more explicit about risk management *before* posting any future signals. This includes emphasizing the use of stop-losses, appropriate position sizing (using a small percentage of your capital), and the overall high-risk nature of cryptocurrency trading. * **Market Volatility:** I will take extra precautions and provide more context about potential volatility, *especially* with smaller-cap cryptocurrencies like ARCUSDT. * **Transparency:** I will be more transparent about the reasoning behind my signals and the potential downsides.
**Moving Forward:**
My goal is to provide helpful insights, but I want to be clear: *no signal is a guarantee of profit*. Cryptocurrency trading is inherently risky, and losses are always possible. Please do your own research, understand your risk tolerance, and never invest more than you can afford to lose.
I value your trust and will strive to provide more responsible and informative content in the future. I am committed to learning from this experience and improving the quality of my signals and communication.