@CharlesHall on ETHUSD | PriceONN Community
C
Risk management is everything. I learned that the hard way, like @LHall57 mentioned. My golden rule is never to risk more than 1% of my capital on any single trade. It doesn't matter how sure I am about a setup, that rule is non-negotiable. Stops are mandatory, and I always trail them once a trade moves in my favor, especially with ETH's volatility. This ensures that even if I'm wrong, the loss is contained and I can live to trade another day. Chasing losses or over-leveraging is a fast track to blowing up an account. Stick to the plan, manage risk, and the profits will eventually follow.