While browsing investopedia, I read about 2% rule where you will limit your loss to only 2% of your total capital.
Will this be applicable to crypto market? I always believe that you should wait for stock/crypto to gain atleast 20% to lock the profit but the 2% rule seems interesting.
Any insight? Anyone using this strategy?
The 2% is a good trading tricks i will say. Even the popular trading platform will not only advice on risk management but also caution you to invest 1% while trading. The best is always "invest fund you can lose" to avoid heartache.