@boonkiat03 on BTCUSD | PriceONN Community
My risk management philosophy is pretty simple: protect your capital at all costs. I never risk more than 1% of my account on a single trade, and I always use stop losses. Even if I'm super confident in a setup, like seeing a potential breaker block forming, I still stick to my rules. Better to miss out on a trade than to blow up your account. Also, I always consider position sizing. Knowing when to reduce risk is crucial when volatility picks up, especially with BTC. Sleep well, trade well, guys.