How to manage risk in crypto trading | WOW

Position sizing is a key element in risk management and is one of the most often overlooked strategies in trading. Without knowing how to manage risk in crypto trading by using proper position sizing, you may end up taking trades that are far too large for you. In such cases, you become highly vulnerable when the market moves against you. if you are position sizing too aggressively, you run the risk of totally wiping out your trading account and If we trade a size that is too small, we are limiting our potential profits. Thus, we want to find the optimal position size that maximizes our profit while protecting our trading capital.

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