Hello everyone
🚀 UPDATE! Trade BTC/USDT:
Targeting 93K with Dynamic Risk Management
I have updated my trading plan for $BTCUSDT. After entering support, we are targeting a higher resistance, but ensuring capital intelligently.
Trade Details (Long):
Entry: $88,030.0 (Key support and demand zone)
Initial SL: $87,437.0
Final TP: $93,429.0
Potential R/R: 9.1:1
Risk Management Strategy (Key to Trade):
When the price reaches the psychological barrier of $90,000.0, I will do the following:
I will close 25% of the position to secure profits.
I will move the Stop Loss to Break-Even ($88,030.0) so that the remaining 75% runs risk-free towards the final TP of $93,429.0.
This tactic allows us to capture a large movement with zero risk after securing the first target.
Are you already using the Break-Even technique? Share your thoughts!
$BTC #TradingCommunity #BinanceSquareFamily #Binance
