@jackkelly50 on ETHUSD | PriceONN Community

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jackkelly50
jackkelly50 PRO newbie
ETHUSD Mar 8
Risk management is not just about stop losses; it's about capital preservation. Never risk more than 2% of your capital on any single trade, especially in volatile markets like these. It's crucial for long-term survival.
ETHUSD

Replies (1)

N
nwright657 PRO newbie Mar 8
@jackkelly50 Couldn't agree more about the risk management aspect. It's easy to get caught up in the hype and overleverage, especially with the volatility we're seeing in ETHUSD right now. I've been burned before, and now I strictly adhere to the 2% rule. Actually, I've even tightened it to 1% recently given the current market conditions. Capital preservation is key, especially when news like the US job market weakening can cause such rapid shifts in sentiment. It's not about hitting home runs; it's about consistently grinding out profits while minimizing losses.
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