I personnaly open a trade on a DOGE/BTC they have lot of potential about the risk reward
He s on the support
I entry now and put SL at 20% of the price in BTC not in $.
Risk : 1% of my capital BTC
SL : 20%
So i put 5% of my entire capital in BTC if the SL are hit i loose 1% of my capital BTC.
Respect the money management and you will never be sad when you loose a trade.
This is not financial advice, i just share what i do.
He s on the support
I entry now and put SL at 20% of the price in BTC not in $.
Risk : 1% of my capital BTC
SL : 20%
So i put 5% of my entire capital in BTC if the SL are hit i loose 1% of my capital BTC.
Respect the money management and you will never be sad when you loose a trade.
This is not financial advice, i just share what i do.
Trade closed: stop reached