@ethancook97 on BTCUSD | PriceONN Community

Honestly, @ethancook97, I hear what you're saying about risk management and capital preservation, and on paper, it sounds smart. But in practice, it's a whole different ballgame when you're trading against algorithms designed to sniff out your stops. I set my stop loss at 75700 yesterday, thinking I was safe, and the price dipped to 75680 for a millisecond before rocketing up 500 points. Where's the risk management there? It's just a liquidity grab. They make the market, they set the rules, and our stop losses are just their buffet. The whole 1% rule feels like a joke when the spreads themselves can wipe out your trade before it even gets going. I'm starting to think all this talk of risk management is just a way to make us feel better about getting fleeced.