🚨 Learn THIS Before You Start Trading!
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Learn THIS Before You Start Trading! #coachk #interview #riskmanagement #crypto 🌼 GET $30,000 in rewards on Bybit: https://partner.bybit.com/b/boxyt ●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬● 📲Binance Excha...
Transcript
This is the first lesson you need to understand if you don't know how to do risk management. You're going to lose all your money in your whole entire account because you don't know how much risk you're taking in your trade. So then I teach about risk, position size, stop loss, how do those things, how you do those three things, which is really divide your risk, it's $100 by your stop loss. If it's 0.05, that's your stop loss. And then you'd have like $500 in the trade. And if you stop, you lose...