Yes. Every trade must have a stop where your thesis is wrong and a target where you take profit. And, that profit should be 2x or more your stop. And, IMO no trade should be more than 3% of your account at risk (entry to stop). Following these rules will keep you from going broke. Every trader has a series of bad trades. Keep the losses small.
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Many thanks for all your wisdom here. I really appreciate you taking the time to share what you have learned. And yes you are so very right of course. Though I have not been good at sticking to the no more than 3% rule however!
Apparently I entered at a time when Ethereum & Dash were growing uncharacteristically fast, so basically got lucky with my main investments and put the rewards back out into the field when they stopped growing.
Only time will tell how I did with my choices :)