Check How i traded $TRUMP and Follow or comment YES for new Signal!!!
I prefer taking profits over relying solely on stop-loss strategies. Fake outs can easily trigger stop-losses, wiping out positions prematurely.
When trading trending assets, it's crucial to have sufficient margin to ride the wave.
Here's the thing: stop-loss isn't a one-size-fits-all solution. While it protects capital from liquidation, it can also work against you if not used wisely.
My approach? Setting stop-losses to limit potential losses, while taking profits at key milestones. This allows for organic growth and maximizes gains.
Key takeaways:
1. Don't rely solely on stop-losses; take profits strategically. 2. Ensure adequate margin for trending assets. 3. Balance risk management with growth opportunities.
What's your trading approach? Share your insights!
The more you stare at screens and stress about trades, the more likely you are to make mistakes. Plan your trades, stick to the plan, and relax. Let your trades do their thing without micromanaging.
Focus on strategy, not screens. Trust your plan, and let the market do its thing.
⚠️⚠️📢📢 New pair alert! $HAEDAL is volatile due to low market cap & liquidity, Making it a whale playground!
Buy at your own risk! No signals yet, but keep an eye on the 4hr candle pattern - a close above could mean it's going up! Stay tuned & follow me for more actionable signals! 📊💡