@boonkiat03 on BTCUSD | PriceONN Community

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boonkiat03
Been trying a scale in/out strategy on BTC lately. I'll start with a smaller position near a key level, say around 69500. If it moves in my favor, I'll add to the position. If it goes against me, I'll scale out gradually to minimize losses. Works well in choppy markets, but gotta be disciplined with your stop losses. Risk management is key, guys.
BTCUSD

Replies (1)

J
james8724 PRO newbie Mar 16
Hey @boonkiat03, that scale in/out strategy sounds smart, especially for managing risk like you said. I'm still pretty new to this, so I tend to just set my TP and SL and hope for the best, which usually doesn't end well haha. I tried to scale in near that 73k level today but chickened out because of some of the news about regulatory stuff. Maybe I need to be more disciplined like you.
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