🔥 Protect Your Capital! The 3 Golden Rules in Risk Management for Traders 💼💎
Risk management is the fundamental pillar to succeed in trading. No matter how good your strategy is, if you don't control your losses, the market will take you out of the game. Here are 3 key rules that every trader should follow:
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1️⃣ Don't Risk More Than 2% Per Trade 💰
Define a fixed percentage of your total capital for each trade, such as 1%-2%. This ensures you survive even in a losing streak.
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2️⃣ Stop Loss: Your Best Ally 🛑
Always use Stop Loss to limit losses.
📉 Place it below support (in purchases) or above resistance (in sales).
🧠 And don't move it based on emotions!
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3️⃣ Diversify and Plan 🗂️
Don't put all your capital in a single asset or trade.
📊 Divide your investments and avoid unnecessary risks.
📝 Plan each operation before entering the market.
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🔑 Remember: The goal is not to win quickly, but to stay in the game for the long term. Are you ready to trade smart? 🚀
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