Dear Community Risk management is very important thing in this trading journey. If you have learned it, no one can stop you from making profit. Our $XMR trade went in loss of almost 400% and look at this right now. It's because of Risk Management technique.
XMR failed to hold above the 480 area and showed strong rejection from the top, followed by a weak bounce from the 455 support. As long as XMR stays below 486
Short XMR
Entry Zone: 470 – 478
Stop Loss: 486
TP1: 455
TP2: 445
This is a scalp trade. Use 20x to 50x leverage with a margin of 1% to 5%. Book partial profit at TP1 and move stop-loss to entry.
Short #XMR Here 👇👇👇
XMRUSDT
Perp
350.93
-2.63%