@mmurthy128 on BTCUSD | PriceONN Community

My personal risk management philosophy is all about protecting capital and ensuring longevity in the market. I always use a stop loss, no exceptions. I also never risk more than 1-2% of my capital on a single trade. It's also important to adjust your position size based on market volatility. Higher volatility means smaller positions, and vice versa. Finally, I review my trading performance regularly to identify areas for improvement and ensure that my risk management strategies are still effective. Discipline is key in the long run, and sticking to your plan is crucial. Also, never trade when you are emotionally compromised.