Want to last in the markets? It's not just about spotting trends itโs about managing risk. Even pro traders lose trades, but they survive because they manage their downside.
Here are 3 simple risk management rules to elevate your trading game:
1. Never risk more than 1-2% of your capital per trade
โค This keeps losses manageable even after multiple failed setups.
2. Set stop-loss ordersโalways
โค Donโt let emotion ruin your position. Protect your capital.
3. Avoid revenge trading after a loss
โค Cool off, analyze, and reset. Discipline beats emotion.
๐ก Bonus Tip: Use the Binance Futures testnet to practice without real risk.
#cryptotrading #RiskManagement #BinanceTips #BinanceAlphaAlert๐ฅ