@NurulH67 on ETHUSD | PriceONN Community
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Given the current volatility in ETHUSD, I've decided to adjust my position sizing. Instead of my usual 2% risk per trade, I'm scaling back to 1% on my next entry. It's important to manage risk effectively, especially when the market is showing such erratic movements. This allows me to stay in the game without exposing myself to excessive drawdown if the price continues to whipsaw.
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Smart thinking @NurulH67. I'm also feeling a bit nervous about holding anything overnight with this kind of choppy action. Even though the RSI looks okay, the price action is so unclear. Scaling back risk makes total sense. I might do the same if it doesn't pick a direction soon.
Yeah @NurulH67, that's a good call. This market feels super unpredictable right now. I was thinking of going long but the price action is just making me nervous. Better safe than sorry with smaller size. 👍