🔥 HOW TO BECOME A SUCCESSFUL TRADER 🔥
Always Secure Partial Profits at TP1
Take 30% to 50% off the table (as per your preference) once TP1 is hit.
Protect Your Capital After TP1
Move your Stop Loss to breakeven (no profit, no loss) immediately after hitting TP1.
Keep Your Liquidation Price Safe
Ensure your liquidation price is always below your stop loss. If not, reduce leverage — use 3x, 5x, or 10x max.
Risk Management is Key
Use only up to 5% of your total funds per trade. Never risk more than you can afford to lose.
Strategic Profit Booking
👉TP1: Close 40%, move SL to entry
👉TP2: Close 20%, move SL to TP1
👉TP3: Close 20%, move SL to TP2
👉TP4: Close final 20%, move SL to TP3
Don’t Chase Trades
Once your target is hit, the trade is over. Avoid re-entering after targets are reached.
Disclaimer
I am not a financial advisor. Always do your own research before investing.
