đĄïž Master Your Capital: Beyond the 1% Rule â Protecting Your Profits! đĄïž
Trading success isn't just about finding the right entry; itâs about how you manage the trade once itâs live. While our 1% Risk Management rule ensures you never blow your account on a single trade, mastering Capital Protection is what turns a good trader into a professional.
1. The Power of "Break Even" (Entry SL):
Once the market moves in your favorâfor example, after a 2% to 5% gainâit is vital to move your Stop Loss (SL) to your Entry Price. This creates a "Risk-Free Trade." If the market suddenly reverses, you exit with zero loss, preserving your mental and financial capital for the next big setup.
2. Securing Gains with Trailing Stop Loss:
As the price continues to hit our targets, don't leave your profit to chance. Use a Trailing Stop Loss to lock in gains manually. By moving your SL behind key structural levels or moving averages, you ensure that even if a dump occurs, you walk away with a significant portion of the move.
3. Partial Take Profits (TP):
Never wait for the final target to take everything. Close 50% of your position at the first major level. This reduces stress and guarantees a win, allowing you to let the remaining "runner" fly toward the moon!
Consistency is born from discipline. Protect your downside, and the upside will take care of itself! đđ„