Prioritize Potential Losses: Consider the potential of drawdowns and the amount one could lose in each trade, rather than just the potential profits.⁣

⁣- Risk Management: As a trader you need to focus on managing risk exposure, understanding your risk tolerance, and setting appropriate stop-losses to protect your capital.⁣ ⁣

Don't fantasize over profits: Discourage the habit of fantasizing about potential earnings and spending, as it can lead to emotional trading decisions, and overshadowing the importance of risk evaluation and management.⁣

Exchange Referrals / Partnerships:
💻 Trade on Phemex (referral code) phemetwitter.com/a/k/BT5AJ5
📈 TradingView (referral code) www.tradingview.com/?aff_id=129024⁣

Follow me on social media for more updates:
Twitter: twitter.com/MarcelloCantu
Instagram: www.instagram.com/marcellocantu/
TickTok: www.tiktok.com/@marcellocantu?lang=en

#tradingstrategy #riskmanagement #tradingsecrets #stoploss

DISCLAIMER: Please note this video is purely for your entertainment. It is not financial advice and not a financial adviser nor a CPA. Crypto is high risk, you can lose your money.

AFFILIATE DISCLOSURE: My endorsements are reserved for products and services I trust and personally utilize. Certain links provided here are affiliate links, which means I could receive a commission at no extra cost to you if you decide to make a purchase or subscribe through them. Any commissions earned help support and expand this channe