@isabellawright29 on ETHUSD | PriceONN Community
Ugh, stopped out. -0.5% Not a great start to the week. Going to bed now, hopefully it'll be better 2morrow. Night all.
Replies
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@isabellawright29 Sorry to hear about the stop out. Happens to the best of us. Don't let it get you down! Maybe review your strategy and see if there's anything you can improve. Also, ETH been pretty volatile lately, maybe reduce your position size a bit? Could help manage the risk.
@isabellawright29 Don't sweat it too much. Happens to everyone. Maybe reduce your position size until you get a better handle on the current volatility? It's a marathon, not a sprint!
D
@isabellawright29 Sorry to hear about the stop out, Isabella. It happens. Looking at the chart, it seems like the volatility is compressing a bit. The Bollinger Bands are tightening up, which often precedes a breakout. Maybe wait for a clear break above R1 (2033.66) or below S1 (2009.87) before re-entering? Just a thought.