A strategy for managing your capital that you can follow when entering the market:
Let's take an example that your capital is 10 thousand
1- Determine the amount that you can afford to lose in each deal, for example 4%
2- A mathematical operation Your capital X the percentage you determined
In our example 10000X4%= 400
3- When you want to enter a deal, you look at the loss percentage, for example, I sent you a spot deal with a stop loss of 10% as an example
4- A mathematical operation (the result in item 2/stop loss percentage X100
In our example: 400/10=40
40x100=4000
You can enter the deal with 4000 USDT
This means that you need 25 consecutive losing deals to lose your capital
A second example to further understand the idea:
Your capital is 1000 The percentage that you can afford to lose is 2% A deal with a stop loss of 6%
1000 X2%= 20
20/6= 3.34 x100= 334
You need 50 consecutive losing trades to lose your capital