@archerChristopher on BTCUSD | PriceONN Community

For me, risk management is paramount, especially in an asset as volatile as BTCUSD. My rule of thumb is to never risk more than 1% of my trading capital on any single trade, and usually, I aim for closer to 0.5% during high-activity sessions like this. I always define my stop loss before entering a trade, and I stick to it religiously. Chasing losses or letting a small loser turn into a big one is the fastest way to blow up an account. I also employ trailing stops once a trade moves in my favor to lock in profits, like moving my stop to break-even once the price hits my first target. It's about preserving capital so you can stay in the game long enough to catch the bigger moves.