@0xmonstersoul
💡 Money Management in Trading
1️⃣ Position Sizing: Risk only a small % of capital per trade (e.g., 1-2%).
2️⃣ Stop-Loss Orders: Set exit points to limit losses.
3️⃣ Risk-Reward Ratio: Aim for favorable ratios (e.g., 3:1).
4️⃣ Diversification: Spread investments to reduce risk.
5️⃣ Avoid Over-Leverage: Use leverage carefully.
6️⃣ Trading Plan: Stick to a strategy & goals.
7️⃣ Consistency: Apply strategies consistently.
8️⃣ Emotional Control: Avoid impulsive decisions.
9️⃣ Continuous Learning: Adapt & stay informed.
Master these for sustainable trading success! 📈💪 #Trading #Finance #RiskManagement