Many times, I believe that taking profits and cutting losses should not be questioned.

First, let’s look at taking profits. If you don’t even know how to set a TP, I believe it’s very difficult for you to trade well.

Now, let’s talk about cutting losses. Based on losses to determine profits, how much do you plan to lose on this trade? What is your risk-reward ratio? If you don’t calculate these, how can you achieve long-term profitability?
#BTC