👌 Only one trading habit can practically eliminate the risk of losing your deposit.
✔️ Set a stop-loss at the same time you open each trade.
Without a stop-loss, at any moment a great trade can turn into a losing one. As a result, you risk not only losing your profit, but also part of your deposit—or even the entire deposit.
On my channel, I ran a poll among the guys based on trading results for May and June
$BTC → some of the guys lost their deposit or are trading at a loss!
Given these trading results, I suggest an activity for this month → open every trade only together with a stop-loss.
I already know what you’ll be dealing with. 😏 You’ll have a lot of questions, debatable situations, and the urge sometimes to “make an exception.” But that’s exactly how discipline is formed.
This habit will help you preserve your capital, get through difficult market periods, and significantly increase your chances of achieving the goals you came to trading for.
At the end of July, we’ll wrap it up with results! I’m sure everyone will be interested to learn what difficulties traders faced while doing this activity.
#TradingResults