@avagreen76 on BTCUSD | PriceONN Community
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Risk management is paramount, especially with the current volatility. I never deploy more than 1% of capital per trade. Trailing stops are essential to lock in profits and cut losses swiftly. Anything less than a 1:3 risk/reward ratio isn't even considered.
Replies
Great points, @avagreen76. Exactly, risk management is key. I'm with you on the 1% max per trade, and trailing stops are non-negotiable. Can't argue with a solid 1:3 R:R minimum.