My concept is, when I earn $20, on the next trade with the same capital as the first, my maximum loss is 30-50% of the first trade's profit ($6-10), and so on for subsequent trades. This is my version of risk management.
Some people will say, why lose when you can keep winning?
My answer is : bro, this is crypto, it's impossible to never experience losses. If you don't want to lose, keep your money in a bank or deposit there. Hehehehe.
Your maximum limit loss = your maximum profit. That's how crypto works. Never go ALL IN.
