Post
daniel_michir7
#AfricaTradingLessons
Decide how much you'll lose before you enter, size the trade so that loss is small (1-2% and never widen your stop. Survive first; profits come second.Protect your downside first; the upside takes care of itself. losses are asymmetric. Lose 50% and you need a 100% gain just to get back to even. Most people don't blow up because they picked bad trades; they blow up because one bad trade was too big, or they let a small loss grow while hoping it would come back
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$68,836.5-0.04%
ETH/USDTEthereum
$1,935.74-0.04%
SOL/USDTSolana
$79.76-0.02%
Today’s market buzz
1#NvidiaCEOStepsDown
Hot
2#FedHawkishChorus
3#AnthropicIPOOrderDemand
