âHere are some essential rules for profitable trading: âď¸
âLimit your risk: Never allocate more than 20% of your capital on a single trade.
âBe cautious with leverage: Futures trading is highly risky and can lead to a total loss of capital. Avoid using more than 10x leverage on any trade.
âUse stop-loss orders: Always set a stop-loss to protect your capital. Donât let emotions control your decisions.
âDo your homework: Analyze charts and data before entering a trade. If youâre not familiar with this, start by learning Price Action trading.
âStay short-term in futures: Avoid holding any futures contracts for more than a few weeks, as short-term trades are often safer.
âTake control of your money: Itâs your hard-earned money, so donât blindly follow others. Make your own informed decisions.
âFollow the trend: Try to avoid trading against the overall market direction.
By sticking to these rules, you can better manage risk and make smarter trading decisions.
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⥠Stay alert for market movement đ Watch supply & liquidity closely
$PARTI is making a perfect symmetrical triangle đ, crossing these trend lines from either sides will likely shape the direction. Watch the movement till a breakout confirm and enter a trade. Pro Tip: Channels such as symmetrical triangles always follow by a strong momentum which continues sharply. Additionally, the RSI indicates neutral meaning no buyers or sellers are in control !
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