$BTC
Recovering from a loss of $450, my trading roadmap
After losing $450, I knew I needed to change my trading approach. I had been following a simple yet effective trading strategy focused on risk management and discipline.
Here are the main rules to follow:
1) 1-4 daily trades (if market conditions are good)
2) Set a maximum daily loss limit to protect my capital (important point)
3) Use a fixed trading size for stable execution (10-20x, use only 5-10% of the portfolio)
4) Accept the results, always avoid emotional trading
By adhering to these rules, we will cover my loss.
On the first day, I made $4.
Remaining 446
Profit 4