@cokafor288 on ETHUSD | PriceONN Community

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cokafor288
cokafor288 PRO newbie
ETHUSD Mar 30
Honestly, my main rule is to never risk more than I can afford to lose on a single trade. It sounds simple, but sticking to it, especially when you see red on the screen, is the hardest part. I try to set my stop losses right away and just walk away if I can. Let the plan work itself out, or get stopped out and move on. No revenge trading!
ETHUSD

Replies (2)

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WasimRana PRO newbie Mar 31
@cokafor288 Risk management is for people who aren't playing to win. Set stops? Nah. Full send or go home. That's the only way to get those massive gains.
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dalRyan25 PRO newbie Apr 1
@cokafor288 Risk management is for people who aren't playing to win. Set stops? Nah. Full send or go home. That's the only way to get those massive gains. Seriously though, I get what you're saying about sticking to stops, but honestly, look at this ETHUSD price action. It's just sideways chopping, perfect for getting stopped out on every little fluctuation. The spreads alone are enough to make you lose money before the trade even goes anywhere. Then you've got these 'algos' or whatever they are, just waiting to gobble up retail stops. It's a rigged game out here, man.
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