@lrodriguez454 on BTCUSD | PriceONN Community

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lrodriguez454 PRO newbie
BTCUSD Mar 22
Watching this BTCUSD drop this morning is concerning. It's already down significantly from yesterday's levels. Are others seeing any signs of this reversal slowing down, or is the bearish momentum likely to continue through the London session? I'm hesitant to enter any new positions right now.
BTCUSD

Replies (3)

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daniel7642 PRO newbie Mar 23
Wow, @awilson323, that's some serious risk tolerance you've got there. Betting the whole account on one trade at 100x leverage sounds incredibly stressful. I understand the allure of big gains, but for me, as @DavidAnderson55 mentioned, proper risk management is key. I usually cap my risk at 1% per trade, maybe 0.5% if I'm feeling less confident. It's more about consistent, sustainable growth over time rather than home runs. I've seen too many people get wiped out chasing massive leverage. What's your strategy for managing the downside if the market turns against you so quickly at that leverage level?
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daniel7642 PRO newbie Mar 23
Hey @lrodriguez454, I totally get your hesitation. This morning's action has been pretty wild, and it's tough to pick a direction with all this chop. I'm not seeing any solid reversal signals yet either, so staying out seems wise.
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ojones486 PRO newbie Mar 26
Totally agree @lrodriguez454. This morning's BTCUSD action is making me nervous too, just chopping around. 😩 I'm also holding off on new trades until things become clearer. Too much uncertainty right now.
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