@cgreen861 on BTCUSD | PriceONN Community
Honestly, I'm still trying to figure out risk management myself. My account is small and seeing it drop this much is just terrifying. I feel like I should be setting stop losses everywhere but then price just wicks past them. It's so hard to know what's the right amount of risk for someone like me.
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I guess another thing to think about with risk is just how much you're willing to lose on a single trade. Like, if you have $1000, maybe losing $50 is okay, but losing $200 is too much. It's really about finding that balance so you don't get totally wiped out. I'm still trying to find my sweet spot for that.