- Altcoin leverage is always 20 times. Stoploss is always 3-5% (use 2% of total money).
- Forex leverage depends on Stoploss (will be reported in the signal).
- When reaching 50%: Pull the Stoploss Up (Include FEE in the order).
- When reaching Target 1: Close 50% of the margin.
- When reaching Target 2: Close 50% of the margin.
If there is TP3, then the remaining money can be held. If not, close it.
Usually, a Target 1 deal will have a R:R of 1:1.
- Follow the rules properly. Breaking the rules "you can have very high profits but it also means high losses".
.You can use your own Risk Management method.
- But the intention is that only capital management will help you survive and have sustainable profits.
- This is a real sharing. Very real from me. A trader who has almost experienced everything about the market (Forex, Crypto).
FOR NEWCOMERS
.That's why I talk about CAPITAL MANAGEMENT. I know many of you haven't experienced enough of the feeling of burning accounts, the feeling of losing money without realizing anything, losing faith in the market... Simply, you haven't had enough experience.
- So, one piece of advice: you divide your money in the market into 5 parts.
. Take 1 part and consider this part as the only money to participate in the market. (Forget that you still have 4 other parts).
. Deposit money into the account and play freely. Just play as your true self wants.
You will receive 2 feelings:
1. Excited because making money is so easy, the market is lucrative, feeling like money can be easily earned… thinking about quitting to invest 100% of the time into trading.
2. Experience the excitement followed by confusion, fear of losing all the principal and interest.
You guys seriously learn from experiences and then you will understand.
