Mary Z trade Academy

Crypto trding frst lesson.
If your new trader the frst thing you know is a (capital management) In the first 6 months or one two years you have to survive in the market only. And keep your wealth equal.after one two year you survive then your real journey starts. Many people give up at this point. The only way you can survive in this market you have to know about. (How to maneg your assuet) capital management formula.
Total capital (Multiply ) risk1/100
=postion size (multiply)
Leverrage(multiply)
Stoplass1/100
If your capital is 1000$.
1000$ (m)1/100=x(m)10(m)1/100=10$= x(m)1/10 10$=x/10 x=100$
What does this mean?
If you have 1000$ ausset You can only transfer $100 to your futures account. And if you want open a poition you mast open with 10$ with 5$ stoplass. If you are penalized for each position, you will lose one percent of your total capital.
At first, you should work consistently in the same way to gain more experience and become familiar with the cycle market. The more you work, the more experience you gain from the market.
The last thing I want to tell you is this: you cannot succeed in this market without capital management, without risk management, and without emotion management. Comment for more lessons. If I see responses , I will continue.