@tyler9675 on BTCUSD | PriceONN Community
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My main rule for risk management, especially during these volatile overlap sessions, is to never risk more than 1% of my capital on a single trade. For BTCUSD, that means a pretty tight stop loss if I'm going for a smaller percentage move. I also like to trail my stops aggressively, especially if the market starts showing signs of reversal or if my initial thesis is invalidated. Moving to breakeven is just the first step; sometimes I'll even trail it up a bit more if it's a strong impulsive move. Protecting profits and cutting losses fast is the name of the game.