Specific trading rules (not financial advice — my suggestions for discipline)
• Position = no more than 1–2% of capital on one risky trade (use small fractions).
• Stop-loss: short swings — below the nearest support (for example, if the entry is $120k — stop slightly below $107k). Long investments — wider stops or no automatic stop with a clear buying plan.
• Take-profit: partial exits at target levels ($123k, $130k). Lock in profits in parts.
• Hedge/insurance: if you have a large position in futures — maintain coverage or lower leverage before important macro data.
(This is general risk management rules, adapt to your portfolio.)