@suresh7737 on ETHUSD | PriceONN Community
I've sized my position quite conservatively for this ETHUSD trade. Given the current volatility and the uncertainty around the geopolitical news, I'm only allocating a small percentage of my overall capital. It's better to miss out on some potential gains than to risk a significant portion of my portfolio on what could be a false move.
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Also, thinking about the price action on ETHUSD, I notice the Bollinger Bands are widening a bit. This suggests increased volatility is expected, which further justifies my conservative sizing. I don't want to get caught in a wide swing that wipes out my entry.
J
@suresh7737 Totally get the conservative approach. With all this news swirling and the bands widening, it's smart to manage risk. I'm also holding off on a big position until things calm down a bit.