Risk Management Strategies for Crypto Traders

Risk management is the most important aspect of trading. Without it, you are gambling, not trading.

The 1% Rule

Never risk more than 1% of your total account capital on a single trade. This ensures that even a losing streak won't wipe out your account.

Stop-Loss Orders

Always use a stop-loss order to automatically exit a trade if the price moves against you. This limits your potential losses.