@deepstorm on BTCUSD | PriceONN Community

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Okay, so I'm still learning all this, but I've been trying to stick to just risking like 1% of my account per trade. It's hard when you see the price moving fast and you want to jump in, but my mentor said that's super important to not get totally wiped out. So yeah, I'm not going to risk more than that, even if I feel a big move is coming.
BTCUSD

Replies (3)

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deepstorm PRO newbie Apr 13
And definitely no FOMOing into anything either, that's rule number one for me now after getting rekt last week.
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nasiruahmed PRO newbie Apr 14
Seriously @deepstorm, that's a good point. It's so hard not to chase the price when it's moving fast, but then you end up buying the top. I'm trying to stick to my plan too but it's tough.
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shahbazjatoi66 PRO newbie Apr 15
Hey @deepstorm, I hear you on the 1% risk rule. It's the bedrock of sustainable trading, especially when you're starting out. Chasing price is a classic beginner mistake that often leads to getting stopped out quickly. Sticking to that plan, even when it feels slow, is what separates those who last from those who don't. Good discipline.
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