(Educational) Trade Management Life Cycle using ETHUSD
In this video I cover some of the techniques I use for trade management. I rarely post about how I specifically manage trades. Enjoy!
*Side notes*
-2% of 10,000 is $200. I said $2,000 but then corrected myself :)
-I stated I have probably haven't lost more than 5 consecutive trades. Honestly, I probably have but it has been a while. Due to my defensive trading nature it's more likely I would take a string of losses and break-evens, but rarely a large string of straight losses.
*Side notes*
-2% of 10,000 is $200. I said $2,000 but then corrected myself :)
-I stated I have probably haven't lost more than 5 consecutive trades. Honestly, I probably have but it has been a while. Due to my defensive trading nature it's more likely I would take a string of losses and break-evens, but rarely a large string of straight losses.
