Risk management: -
It is always advisable to minimize your risk by investing the money what you can afford to giveaway. BUT the question arises why to invest then? We advise to invest only 1% of your portfolio in a single trade until specified.
To minimize you risk we would recommend you to put STOP LOSS in every trade.
We also advise to book your profit on regular interval
example: - BTCUSDT
ENTRY POINT: - $10,000-$11,000
STOP LOSS: - $9,000
TARGET 1: - $ 12,500
TARGET 2: - $13,500
TARGET 3: - $14.500
If there are 2 targets: - at 1st target close 60%, remaining 40% at target.
If there are 3 targets: - at 1st target close 40%, 2nd target 30% and remaining 30% at 3rd target
If there are 4 targets: - 40% at 1st target and 20% at remaining targets respectively.
Move stop loss to entry point after hitting first target
If in a single day 5 signals are post. There is no need to put all posted trades
Donβt put habit of trading every day there are days and opportunity to be grabbed but making a habit of trading and with every single signal can be painful sometimes.
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Clear Rejection π invalidation if we break above the daily red descending trendline. That's itβπ»
Getting chills frequently every few daysπ€
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#RAMP /BTC ( BINANCE)
BUY - Under 300 SATs
SELL - (400 - 500 - 600 - 800 - 1000 - 1200 - 1500 - 2000) SATs
BUY #RAMP. 1ST & 2nd Target is Short Term. All Mentioned Targets Are Mid-Term. Long Term Target is 5,000 + SATs. β€οΈπππ
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