$BTC Take risk make big ...
The best traders are managers of risk, not seekers of profit.
Hard Cap: Never risk more than 1% of your total account balance on a single trade. If you have $10,000, you should not lose more than $100 if your stop-loss is hit.
Risk-to-Reward (R:R): Aim for a minimum of 1:2. This means for every $1 you risk, you stand to make $2. This allows you to be wrong 60% of the time and still be profitable.
Capital Preservation: Your first goal is not to "get rich," but to stay in the game long enough for your edge to play out.
