@LCampbell68 on DXY | PriceONN Community

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LCampbell68
LCampbell68 PRO newbie
DXY Mar 17
Hey everyone, just wanted to share my approach to risk management. For me, it's all about setting a strict stop-loss on every single trade, no matter how confident I am. I never risk more than 1% of my account on any one trade. It's tough sometimes when you see a big move coming, but sticking to this has saved me from some serious wipeouts. What are your essential rules?
DXY

Replies (1)

LCampbell68
LCampbell68 PRO newbie Mar 17
Also, I should add that I'm trying to be super careful with DXY right now. It feels like it's been pushing up for a while, but that RSI is looking a bit toppy, you know? I'm not sure if I should be looking for longs or if it's about to turn. I'll probably just sit back and watch for a bit longer to see what the charts tell me tomorrow.
EURUSD 1.16091 -0.03%
GBPUSD 1.35078 -0.04%
USDJPY 156.15950 -0.05%
XAUUSD 4,406.78 -0.54%
XAGUSD 65.93 -0.36%
BTCUSD 79,823 -0.10%
SP500 6,572.87 +0.74%
BRENT 94.95 +0.73%
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