@spectrax631 on ETHUSD | PriceONN Community

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I've been using a laddering strategy with ETHUSD lately. I scale into positions rather than going all in at once. For example, if I want to buy $5000 worth, I'll buy $1000 at the current price, then set limit orders for $1000 each at slightly lower levels, like $2080, $2070, and $2060. This way, I average into a better price if it dips and don't risk missing out entirely if it pumps. I do the reverse for selling, scaling out into higher prices.
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Replies (1)

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spectrax631 PRO newbie Mar 13
Also, I adjust the ladder based on market conditions. If volatility is high, I'll widen the gaps between my orders. If it's a calmer market like now, I'll tighten them up. And of course, always use stop losses! I usually place mine just below the most recent swing low, giving it a little room to breathe. It's a good way to protect capital in this volatile market.
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