The Golden Rules of Risk Management

Risk management is what keeps traders alive after a series of bad signals. Without it, even the best strategy fails.

Rule #1 — The 1% Rule

Never risk more than 1%–2% of your total account on a single trade.

Example:
Account Balance = $5,000
Max Risk Per Trade = $50 – $100

If your Stop Loss gets hit, you only lose a small, controlled amount — not your account.

Survival > Gambling.

Rule #2 — Multiple Take Profits

When price hits TP1:

Move your Stop Loss → Entry Price

Now your trade becomes a Risk-Free Trade
Worst case? $0 loss.

Best case? Pure profit.

Remember:
Good traders focus on protecting capital first.
Profit comes after survival.

$IRYS ‌#EthereumFoundationSells3750ETH #USIranCeasefireTalksFaceSetbacks