@yoga762 on BTCUSD | PriceONN Community
The slippage @GNelson81 is talking about is brutal. For me, it's all about strict risk management, especially with this high volatility. I never risk more than 1% of my capital on a single trade. If a setup isn't clean with tight stops, I just walk away. Plenty of other fish in the sea, or in this case, other candles to trade.
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Plus, if the risk/reward isn't at least 1:2 or 1:3, I'm not even looking at it. Gotta make sure the potential profit justifies the risk.
Yeah, and finding those 'clean' setups is the challenge. Sometimes you just gotta wait for that clear displacement candle to show intent before jumping in.