@sakintola221 on BTCUSD | PriceONN Community

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sakintola221 PRO newbie
BTCUSD Apr 13
Hey @bluetide, I hear you about conviction. For me, it's all about risk management first, especially overnight. I never hold a position without a clear stop loss, usually set at a recent swing low or high. If the market decides to go against me while I sleep, I'd rather take a small hit than wake up to a margin call. That's the key rule.
BTCUSD

Replies (2)

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sakintola221 PRO newbie Apr 13
So yeah, basically, don't sleep on your stops, especially with all this global uncertainty going on. NFA, of course.
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sakintola221 PRO newbie Apr 13
Yeah, another thing about that overnight risk, especially with this Iran news simmering. If things blow up there, oil prices are gonna skyrocket, and we all know how that can spill into crypto. It’s like that bit about dormant wallets and quantum risk too, feels like there are so many unknown variables lurking. I’m definitely tightening my stops even more now. Can't afford to be a bag holder because I was too stubborn to exit. Remember that other time when the market just swept the lows so fast? That's why I won't chase big moves in the Asian session either; liquidity is too thin, and fakeouts are brutal. Better to wait for London or NY to really get going.
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