š WARNING: Trading Can Only Result in Loss from This Mistake! (Learn This Tool)
š If you are trading crypto and feel like you are always buying at the wrong time, then you are ignoring **one tool**: **Risk Management.** **
š What Is Risk Management?** It is not just about setting a **Stop-Loss**. It is the art of distributing your **portfolio** in such a way that even if **8 out of 10 trades fail**, your account remains **safe**.
**š 3 Simple Rules:
** 1. **Rule 1:** Never risk more than **1% of your total capital** in each trade. If you have $1000, then your loss in each trade should not exceed $10.
2. **Rule 2:** Always check the **Reward/Risk Ratio** (at least 1:2 or 1:3). If you are risking $1, then a profit of $2 is essential.
3. **Rule 3:** Consider the **Stop-Loss** more important than your enemy. The Stop-Loss protects you from significant losses. **Smart traders are not born; they learn Risk Management!** ---
**What do you think?
** What is your most challenging rule? Setting a Stop-Loss or not being greedy?
š **Let me know in the comments!**
#RiskManagement #tradingtips #stoploss #SafeTrading #BinanceFeed