$SANTOS , Special attention zone! High risk! 🚨
If you entered a trade at $2.2, it is better to set a stop, for example, at $2.15 - $2.1
(define the stop yourself, at your discretion).
If the stop is triggered, the losses will be small, and you will still have the opportunity to enter at a more favorable price ($2.0 - $1.7 - $1.5 - ...).
In my opinion, this is better than HODL with a subsequent drawdown of -40% for 2-6 months.
Additional recommendation:
Set up notifications on your computer and phone for several price levels:
📉 2-3 signals for a fall (when you are ready to buy)
📈 2-3 signals for a rise (when you are ready to sell)
This is how risk management works.
📌 Don't forget to read the last 4 messages in the profile - there are 3 key scenarios and timeframes.
If you agree, like it. I work for you so that you don't lose money! 👍
