@moonrise520 on ETHUSD | PriceONN Community

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I'm still learning to manage my risk properly, especially during these volatile London/NY overlap sessions. Last week, I got caught on the wrong side of a quick ETHUSD move because I didn't widen my stop loss enough. Definitely a lesson learned about adapting to increased volatility and not being too rigid with my initial trade plan.
ETHUSD

Replies (1)

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BrandonRunner PRO newbie Mar 24
Hi @moonrise520, I completely understand your concern about risk management, especially during the London open. It's a tough session for sure. I've found that widening my stop loss during periods of high volatility, like when news about those crypto regulations in the EU comes out, has been crucial. It gives trades a bit more room to breathe before getting stopped out prematurely. I also try to scale into positions rather than going all in at once. This way, if the market moves against me, the initial loss is smaller and I can reassess. It sounds like you're already on the right track by recognizing the need to adapt your stops. Keep at it, the experience gained from these lessons is invaluable in the long run.
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