The 1% Rule That Saved Me From Losing Everything
Everyone tells you "Buy low, sell high"
No one tells you HOW.
Here is the 1% Rule that pro traders use:
Never risk more than 1% of your capital in one trade.
Example:
If you have $100, you can only lose $1 per trade.
If you have $10, you can only lose $0.10 per trade.
How to do it?
Before you click BUY, ask:
"If this goes wrong, will I lose only $1?"
If answer is NO, don't take the trade.
I lost my money because I risked 50% in one trade.
You don't do that mistake.
Save this post. This one rule will save your account.
What rule do you follow? Comment below.
#tradingtips #cryptoeducation #RiskManagement #BinanceSquare #LearnCrypto
Everyone tells you "Buy low, sell high"
No one tells you HOW.
Here is the 1% Rule that pro traders use:
Never risk more than 1% of your capital in one trade.
Example:
If you have $100, you can only lose $1 per trade.
If you have $10, you can only lose $0.10 per trade.
How to do it?
Before you click BUY, ask:
"If this goes wrong, will I lose only $1?"
If answer is NO, don't take the trade.
I lost my money because I risked 50% in one trade.
You don't do that mistake.
Save this post. This one rule will save your account.
What rule do you follow? Comment below.
#tradingtips #cryptoeducation #RiskManagement #BinanceSquare #LearnCrypto