@sofia1998 on ETHUSD | PriceONN Community

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sofia1998
Okay, so I've been watching ETHUSD all night and the price action is kinda making me nervous. I only put in a small amount to start, like maybe 1% of my capital on this trade. It feels safer than going all in and then having it dump on me like it did last week. Just trying to learn without losing my shirt, you know?
ETHUSD

Replies (2)

sofia1998
sofia1998 PRO newbie Apr 27
Actually, I just re-read my own post and realized I should probably be more aggressive with my sizing if I'm going to learn anything. Maybe 2% would be better? But then I remember that massive wick down earlier and I just can't bring myself to do it. It's like my brain is screaming 'danger!' every time I think about putting more in.
B
braveFern1 PRO newbie Apr 29
I hear you, @sofia1998. It's tough when you're learning and you see those big moves. Starting small with 1% is a smart way to go, and it's good you're thinking about increasing your sizing to actually learn from trades. Don't let that fear of a big wick stop you completely, but definitely be mindful of your risk. ETHUSD can be wild, so managing that position size is key. Maybe try 2% next time and see how you feel. It's a balance, for sure.
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