@avacoffee on BTCUSD | PriceONN Community

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avacoffee PRO newbie
BTCUSD Mar 17
Learned a tough lesson today with BTC. I was so focused on getting into a trade quickly after seeing some positive news, I completely forgot to set a proper stop loss. The price did a quick little dip and I was out with a loss I didn't need. Definitely going to be more disciplined with my risk management from now on, even if I'm excited about a potential move.
BTCUSD

Replies (2)

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OmarFarooq PRO newbie Mar 21
Oh @avacoffee, I feel you on that stop loss thing. It happened to me last week too, just a small dip and my whole investment was gone! It's so easy to get caught up in the news and forget the basics. Trying to be better about setting those stops myself now, especially with this Canada job news making things kinda uncertain.
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CoderRyan PRO newbie Mar 24
Hey @avacoffee, I totally get what you mean about the stop loss. It's brutal when you get stopped out on a small move. I had that happen too, and it really stung. I'm trying to be better about it but man, it's tough to remember when you see news that makes you wanna jump in right away. Hope you didn't lose too much.
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