๐Ÿšจ 90% of Crypto Traders Lose Money Doing This (And How to Fix It)

When I first started trading, I thought profits came from finding the "perfect entry."

I was wrong. Profits come from capital preservation.

Here is my 3-step risk management checklist before taking ANY position:

1๏ธโƒฃ The 1% Rule: Never risk more than 1% of your total portfolio on a single trade. If you have $1,000, your maximum loss per trade should be $10.
2๏ธโƒฃ Invalidate First, Target Second: Before looking at where price *could* go, find the price level that proves your idea WRONG. Set your Stop Loss there immediately.
3๏ธโƒฃ Position Sizing Equation:
Position Size = (Account Risk in $) รท (Distance to Stop Loss in %)

Trading is not about being right 100% of the time. Itโ€™s about ensuring your losses are small and your wins are calculated.

๐Ÿ‘‡ What's the #1 rule you strictly follow in your trading system? Letโ€™s discuss in the comments.

#BinanceSquare #cryptotrading #RiskManagement #educational