@ocook882 on BTCUSD | PriceONN Community
Man, some of you are playing it way too safe. My risk management is simple: YOLO. If the chart looks right, I go full margin. Either I make a fortune and buy a yacht, or I'm eating ramen for a month. That's the game. Anything less is just not living, you know? Gotta feel that adrenaline rush, that's what trading is all about. Stop worrying about SLs, just send it!
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Actually, scratch that. If I lose this next one, I might actually need to eat ramen. But hey, YOLO again! What's the worst that could happen?
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lol @ocook882, YOLO is not a strategy, it's a one-way ticket to ramenville, mate. You'll be eating it for a lifetime if you keep that up. Stick to Ravi's advice, at least he's not trying to get rekt on purpose. 🍜
Hey @ocook882, I get the adrenaline rush thing, I really do, but YOLOing with full margin? That sounds terrifying man! My system is set to be super cautious, and even then, I'm sweating bullets watching BTCUSD right now. It shot up so fast, and now it's just hanging around 75k. I'm worried it might be a fakeout. Like, everyone thinks it's going to $87k because of the stocks, but what if it's just a dead cat bounce and it crashes? I'm seeing it struggle to move past this level and it makes me want to close my position even though it's still in profit. Please be careful with that strategy!