#OrderTypes101 #OrderTypes101 Risk Management: Minimizing Losses and Maximizing Gains

Risk management is crucial for success in Bitcoin trading, especially due to the asset's volatility. Traders can limit potential losses by setting stop-loss orders, which automatically exit positions at a predetermined loss level. The size of positions and risk-reward ratios are also critical, as they help traders determine how much capital to risk on each trade. Proper risk management ensures reduced losses, allowing traders to stay in the market and protect capital over time

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