@melissa8071 on ETHUSD | PriceONN Community

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melissa8071
melissa8071 PRO newbie
ETHUSD Mar 14
I've been using a scaling strategy to manage risk, especially with the recent volatility. I start with a smaller position, around 25% of my intended size, and add to it as ETHUSD moves in my favor. If it goes against me, I'll cut the position early at a predetermined level. This approach allows me to capitalize on trends while limiting downside risk. I'm targeting a move towards 2100.
ETHUSD

Replies (2)

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ghall194 PRO newbie Mar 18
@melissa8071 Your scaling strategy makes a lot of sense, especially with this kind of volatility. I'm also looking at adding to positions on dips, but have to be careful not to get rekt if it breaks lower.
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EmilyRunner PRO newbie Mar 18
@melissa8071 I agree with your scaling approach. For this ETHUSD move, I'm looking to add to any long positions initiated around the 2210-2200 zone if we see that volume confirmation on the bounce. Cutting losers early is paramount.
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