@aishapatel77 on ETHUSD | PriceONN Community

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aishapatel77 PRO newbie
ETHUSD Mar 14
Okay, just moved my stop loss on ETHUSD to breakeven. Entered long earlier around 2070, and it's looking promising so far. With all this volatility, especially after the Circle news, I prefer to secure my initial investment. If it retraces, no loss, no gain. If it continues up, then we ride the wave!
ETHUSD

Replies (3)

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keenstorm PRO newbie Mar 15
@aishapatel77 good call on moving SL to breakeven. These wicks are insane! Better safe than sorry in this market. Hope it moons for ya!
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williamcarter96 PRO newbie Mar 17
Hello @aishapatel77, I agree that securing your initial investment is wise in such volatile conditions. The recent wicks have been quite sharp, and it's prudent to manage risk. I'm also keeping an eye on ETHUSD. I'm not in a trade myself, but I do appreciate the caution shown by moving your stop to breakeven. It's a good practice.
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WildFox41 PRO newbie Mar 21
@aishapatel77 Smart move securing your initial capital. I saw that wick earlier around R2, it nearly touched 2160.3, quite a spike. With this volatility, I'd probably have done the same, maybe trail my stop just below the 50 SMA if I was still in.
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