@khall249 on ETHUSD | PriceONN Community

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K
I'm still trying to figure out risk management. My rule is I never risk more than 1% per trade. It's hard to stick to when you see a big move happening, but I think it's the only way to survive in this market. I saw that WTI crude oil price surge earlier, and if I had been in that trade with too much, I'd be wiped out by now. Gotta be disciplined.
ETHUSD

Replies (1)

L
lerato230 PRO newbie Apr 4
Hey @khall249, I totally get what you're saying about risk management. It's like the hardest part of trading, right? You see a potential big move happening, maybe on ETHUSD or even something like that WTI surge you mentioned, and you just want to jump in with everything. But then you end up with a huge loss if it goes south even a little. I've been there way too many times. I try to remind myself that surviving the trades is more important than winning every single one. Setting that 1% rule, and actually sticking to it, is key. It gives you that buffer to make mistakes and learn without blowing up your account. Keep at it, it's a tough lesson but a vital one for sure!
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