Post
Topic
Board Trading Discussion
Re: Things to know before trading.
by
palle11
on 21/08/2021, 16:58:35 UTC

2. Risk management: You must work on your risk/reward ratio, know how much you must invest in a coin, and only invest what you can afford to lose. If you are trading futures, always use a low laverage and don't forget to use a stop loss.


At every trading time, our stop loss is encouraged for us to use and if you don't apply it, you can not stay in the market for long before you make your huge mistake. We need not to trade with stoploss because that is the real money management that I know. Looking only at leverage and exposing the stoploss is not money management.