@NicoleWhite on BTCUSD | PriceONN Community

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Okay, so I saw BTCUSD dropping like crazy and I jumped in on a short position. I only risked like 1% of my account on this trade because honestly, I'm still a bit nervous about these big swings. I'm hoping this downward momentum continues, but I don't want to lose too much if it's just a dead cat bounce.
BTCUSD

Replies (1)

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NicoleWhite PRO newbie Mar 22
Actually, now that I'm thinking about it, I should probably set a tighter stop loss. The price is hovering right around that 68200 area, which looks like some support maybe? But then again, it broke through the 20-day SMA so easily earlier. I don't want to get caught holding the bag if it rips back up, but I also don't want to close it too early and miss out on potential profits. This is so stressful!
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