@wiselake on ETHUSD | PriceONN Community

Hey @wiselake, I totally agree with you on risk management. It's something I'm constantly working on. Even with a technical analysis background, discipline is what separates good traders from the rest. I saw ETHUSD bounce off the S1 pivot this morning, around 2323, and my initial thought was to go long, but I remembered my 1% rule and waited. The price has since dipped closer to 2311, which is near the S2 pivot and the 50 SMA. I'm considering a small position here if it holds, but only after confirming with RSI not being too oversold. It's that patience, like you said, that prevents bigger losses. Thanks for sharing your perspective.