@AshleyBrown on ETHUSD | PriceONN Community

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Man, these rapid moves are really shaking things up. I've been thinking about my risk management rules. For ETHUSD, I'm sticking to a strict 1% max loss per trade. If a trade hits my initial stop loss, I'm out. No exceptions. It's tough when you see a big move happen right after, but I have to trust the plan.
ETHUSD

Replies (1)

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AshleyBrown PRO newbie Apr 17
And it’s not just about stop losses, it’s also about position sizing. I calculate my entry based on that 1% rule, so even if I get stopped out, it’s not going to cripple my account. It’s tempting to go bigger when you feel confident, especially with all the talk about Bitcoin breaking resistance and that moving over to ETH. But those rapid spikes? They scream volatility and potential reversals. I saw that R1 pivot mentioned in another thread; that could be a key resistance zone to watch. If we get rejected hard there and the RSI starts to cool off from these levels, I might consider taking profits if I'm in a long, or even looking for a short entry.
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