$AKE Update Important Risk Management Advice ⚠️
Our direction was absolutely correct, but AKE first pushed slightly above the stop-loss area, trapped even more late longs, and then delivered the exact heavy dump we were expecting.
This is why, on highly volatile coins, always try to:
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1. Scale your entry instead of entering with full size at one price.
2. Keep some margin available for DCA if the coin gives an extra liquidity wick.
3. Use lower leverage because these coins can move agg...