Binance Futures, BitMex, ByBit
#BTC/USDT Take-Profit target 2 ✅
Profit: 29.7711% 📈
Period: 12 Hours 44 Minutes ⏰

If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.
~Bill Lipschutz

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💎Quality above quantity, save trading is our daily bread🥂

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MCP
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⚜️More About Risk Management⚜️

⚜️A great majority of you already know this because this is exactly a part of what we discussed with you in the introductory phone call. But let's recapitulate some of it.

⚜️The first thing you should know if your capital made x2 from one trade today, you would most likely lose everything the next day. Indeed you ask why?! You lose because you are betting on the move, not trading it.

⚜️The bet is to join a trade with all your capital while you are under the influence of fomo and greed, maybe your trade will go well and bring you profit but not every day, and if you put your capital in one trade at a time, then this is an obvious bet and gamble, not trading. Because if you know how the market is going, you'll never join a single trade with all of your trading capital.

⚜️The main thing you need to know is that you cannot survive here without risk management. "Trade like a battle, and the ammo in this battle is your money, so if you waste your ammo without management, you lose the battle, or you will be killed", so stay safe by following the risk management.

⚜️Many people in the crypto space want to earn $10,000 by trading with a starting capital of $1,000, so they ignore risk management. They lose their money for sure! They do not know that the market is all about proportion and proportion! If you win $100 with a starting capital of $1000, that is good. If you convert $1000 into $2000, with risk management, this is called trading, so that you maintain a steady profit rate. This is the time when you finally can start calling yourself a Professional Trader.

⚜️And it definitely cannot happen overnight. You need to train yourself mentally, emotionally prepare yourself etc... This way you will earn profits. Alone or with us, if you learn how to do it, that's up to you. You already know how trading works and why risk management is essential.

⚜️Risk management can't be randomly implemented, but you need to check market conditions and then decide how to do so. And how can you manage your capital during bull and bear? Here are some examples:

⚜️You can trade using 60% to 90% for trading in a bull market and keep 40-10% in FIAT/USDT(with your profits reinvested).
⚜️The main thing that you should be concerned about in a bullish cycle is when and how to hold your profits; of course, most traders make profits in a bull market, but few know how to maintain these profits without losing them again.

⚜️You can trade using 5-25% in a bear market and hold 95-75% in FIAT/USDT, and you can do the same when the market is in the overbought zone.

⚜️In an accumulation Phase. In dips, you can trade with 50% and keep 50% in FIAT/USDT.

⚜️When you should HOLD 95-100% FIAT ?!
When you don't know where the market is going, or you have a more straightforward trading plan, in this case, avoid trading is the best decision, and it's considered as trading too.

⚜️You are in the ParadiseFamilyVIP, so you don't need to think about all of this; we show you exactly how we are doing it, what we are doing it and why we are doing it. But it's always good to know how things work. Take it easy, Bros👊🏼😎🌴

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💎Much more to see on our website MyCryptoParadise.com section - Results - happy clients 🌴