How to manage funds effectively?
1. Always set a stop loss after opening a position; make it a habit. You must set a stop loss when opening a position and never harbor any delusions.
2. The stop loss amount for each trial position must not exceed 2% of the total amount (depending on your own risk tolerance. I suggest starting at 1%. Once you can consistently profit, you can adjust it based on your own risk).
3. Strictly enforce stop losses. If total funds lose 30%, close all positions immediately without conditions.
4. If you forget to set a stop loss and realize it later, you must close your positions immediately. Never hope for a rebound to close your positions or think about averaging down the loss. Almost all big players have failed because of this. You may withstand it 10 times, but if you can't once, the previous 9 times are all for nothing.
5. As a beginner, it is not recommended to add positions; always open a fixed position size each time. #韩国加密政策