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TylerFoust🎩
@tylerfoust.eth
1/2 Risk management in trading: how not to lose your deposit and save your nerves Today let's talk about the things without which trading is just a game of roulette. Risk management is your best friend if you want to not only survive in the market, but also multiply your capital. This is especially important for beginners who are just starting to familiarize themselves with futures trading, and now, in a market as volatile as today's, it's a must. What to do before a trade? Golden rule: don't put everything on one card! Never open a trade with 100% of your deposit. This is a direct path to failure. Even if you are 99% sure of a trade, the market can always surprise you. Determine the amount of risk. Decide how much you are willing to lose if the market goes against you. This is usually 1-3% of your deposit. For example, if you have $100, a 2% risk is $20 per trade. This is your “safety cushion”.
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Temmy
@iwhalehwha
This is very impactful, boss. Thank you.
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