#TradeLessons Trade management in cryptocurrency is the management of a trade from entry to exit. It includes:
1. Trade plan: where to enter, where to exit (take profit), where to set a stop-loss.
2. Risk management: do not risk more than 1–5% of the deposit, adhere to the risk/reward ratio.
3. Trade control: move the stop-loss, secure part of the profit, do not give in to emotions.
4. Post-trade analysis: review of mistakes and successes.
If I had come across this information earlier, I might not have made these mistakes.