💰 Money Management Tips for BTC Traders 🧠
Keeping your account afloat is more important than making profits in trading.
And that is possible through proper money management. See below 👇
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🔐 How to do Money Management:
✅ Risk per Trade: – Do not take more than 1-2% risk of the account
– For example, if you have $150, risk $1.5–$3
✅ Stop Loss (SL): – No trade without SL
– SL protects capital, provides peace of mind
✅ Risk-Reward Ratio (RR): – Ensure at least 1:2 RR for every trade
– If risking $10, target $20 profit
✅ Break Even & Partial: – Bring SL to BE after hitting TP1
– Take partial profit, let the rest run
✅ Avoid Revenge Trades: – One loss doesn’t mean you’ve lost everything
– Analyze before taking the next trade
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📌 A safe trade is a smart trade
❤️ Like if you control your risk
🔁 Repost to help new traders
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