I lost a big amount due to revenge trading, but I'm recovering slowly...
The key is:
Be patient and don’t let emotions get in the way.
Risk management is always the key. Use 2RR or 3RR — you need a lower win rate with higher RR (e.g., for 3RR, you only need a 27% win rate).
Risk only what you're comfortable with, like 1% or 2%. (You can adjust your SL — for example, if you want to place it below the last low and it's 10%, just use 10% of your capital so the overall risk is still 1%.)
Don’t chase the price. If you miss the entry, let it go — chasing after pumps often traps you in a pullback.
Always check the higher time frames (weekly and daily) and buy at the lows.
Execute on the 15m time frame using breakouts or ICT OTE.
If you lose, don’t lower your SL. Just take the loss and don’t trade again that day.
Always do some research on the coin or project to see if it has potential.
10 likes and I’ll post more. Like and follow for setups!
$PNUT after retesting the last high the price drops again but in the full swing in the market structure shift another opportunity to enter dont miss it. 🎯 TP : 0.146 🛑 SP : 0.118
InTheMaking
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Bullish
$PNUT as i told you great entry ... the plan didn't left yet you can join in. follow so you dont miss the next entry.
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