#TradingPsychology If you want to succeed in any financial market, you must apply risk management; no one has certainty here... everyone operates based on probabilities and their own experience, so risk management is mandatory. Now let's get to the point, how can you calculate your risk in cryptocurrencies,

For example, you are going to trade #ETHUSDT

Your entry price for $ETH is: 1470, and the stop loss is 1370, while your TP is 1520, 1560, 1620, etc., so here is an advanced calculation formula:

Risk in $ (USDT) / Entry - Stoploss

10 USDT (the risk you are taking) / 1470 - 1370

10 / 100 = 0.1 ETH

So now you are going to take a long position of 0.1 ETH only,

Keep in mind in this calculation, it depends on you what leverage you intend to take, 1x or 125x; with both leverages, you will only lose 10 USDT!

This is magic ✨ Leverage is just a number if you apply risk management like I do.

Good luck 🤞 💯