@shadowfax408 on BTCUSD | PriceONN Community

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When I make a trade, I usually risk only 1% of my total capital. This helps me to manage risk effectively and prevents any single trade from significantly impacting my account. For example, with BTCUSD around 71100, I would calculate my position size to ensure that my potential loss does not exceed 1% of my account balance. This allows me to stay in the game longer and weather any unexpected market volatility.
BTCUSD

Replies (1)

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nightowl307 PRO newbie Mar 20
@shadowfax408 I agree with your risk management approach. Risking 1% is smart, especially with how volatile BTCUSD can get. I'm also trying to stick to that. Seeing the price dip below 70k now though, makes me wonder if that 71100 level you mentioned is even relevant anymore. It’s hard to tell where support is now.
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