99% of people lose money trading.
This is largely because of a lack of proper frameworks & trade management.
I’m watching from gigabrain trader CryptoCred’s amazing youtube series on trading & technical analysis from 0.
I just finished part 2: Trade Management. I took detailed notes & made it into a post. This 1 article will make you a 10x better trader.
Today, we’re diving into risk & trade management. We’re covering:
- Trading Ideas & Invalidation
- Stop Losses
- Position Size
- Risk per trade
- Dynamic Risk to Reward
- Winning & Losing Streaks
- Break Even stops & Partial profits
- An intro to leverage trading
- Some Crypto Considerations
Let’s get started.
Survive.
Crypto disproportionally rewards people who stick around. Even mediocre traders who stick around have been making a lot of money. You need to ensure that your experiments as a beginner trade don’t take you to 0.
As long as you don’t go to 0, you can
