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How to Manage a Safe Trade with Proper Risk Management
Trading isnāt just about profits; itās about protecting your capital. Proper risk management is the foundation of long-term success. Here's how:
1ļøā£ Use Only 1% of Your Capital per Trade Never risk more than 1% of your total capital on a single trade. This keeps your account safe even during a losing streak.
2ļøā£ Set Stop-Loss Orders Always define your exit point before entering a trade. A stop-loss is your safety net against unexpected market moves.
3ļøā£ Position Sizing Calculate your position size based on the distance between your entry and stop-loss to ensure losses stay within the 1% rule.
4ļøā£ Stick to Your Plan Discipline is key. Avoid emotional decisions and follow your strategy consistently.
5ļøā£ Have a Trading System A consistent trading system helps you make objective decisions. If you donāt have one, feel free to DM me on my X accountāIād be happy to guide you!
Protect your capital today so you can trade confidently tomorrow! š
Still in the retest phase ā keep an eye on this trendline.
If the solid blue line fails to hold, there's a high probability of revisiting the 112K level, which was our previous resistance and has now flipped into support.
in case the market will reject the sellers then 140k-150k is my eyed target zone.
Not financial advice. For educational purposes only.
Interestingly, a similar $200K BTC was sent to the same wallet just 4 months ago, reportedly from a Binance user. These repeated transfers might hint at intentional donations honoring Satoshiās legacy.
Despite being inactive, Nakamoto's wallets hold billions in BTCāmaking him one of the wealthiest figures in crypto history.
disclaimer : for educational purposes only š«”šÆš„#satoshiNakamato
A bullish reversal pattern that forms after a downtrend ā looks like a "W". Price hits support twice, fails to break lower, then breaks resistance = trend reversal signal.
target will be neckline at 3.37 peak macro/swing target will be at 8.2 stoploss at current bottom breaking it will invalidate this chart pattern
Bitcoin experienced a sharp drop as a market reaction to the ongoing geopolitical issues, dipping to 98,165. However, the price quickly rebounded following ceasefire news, now consolidating around 106,100, forming what appears to be the handle of a potential cup and handle pattern.
What is a Cup and Handle Pattern?
Itās a bullish chart pattern that resembles a teacup. The cup is formed after a rounded bottom a period of decline followed by recovery, and the handle is a short consolidation or pullback before a potential breakout.
We currently have lower key support levels at: 85,195 76,000
ā ļø A break below 76,000 would invalidate the cup and handle pattern and shift market sentiment bearish.
Always monitor price action closely around key levels.