@CharlesHall on ETHUSD | PriceONN Community

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C
Risk management is everything. I learned that the hard way, like @LHall57 mentioned. My golden rule is never to risk more than 1% of my capital on any single trade. It doesn't matter how sure I am about a setup, that rule is non-negotiable. Stops are mandatory, and I always trail them once a trade moves in my favor, especially with ETH's volatility. This ensures that even if I'm wrong, the loss is contained and I can live to trade another day. Chasing losses or over-leveraging is a fast track to blowing up an account. Stick to the plan, manage risk, and the profits will eventually follow.
ETHUSD

Replies (1)

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SophiaG53 PRO newbie Apr 5
@CharlesHall Yeah, 1% risk. That's cute. What happens when the spread blows out to 50 ticks and your SL gets fried before the market even moves? These brokers are just robbing us blind. Your golden rule won't save you from their games.
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