$CYS gave a nice bounce today. 📈
But this is exactly why I never trade without a stop loss. One candle like this can wipe out weeks or even months of profits if your risk isn't managed properly.
Traders with larger capital might be able to absorb this kind of volatility, but if you're trading with a smaller account, protecting your capital should always come first.
For now, my focus is shifting to $ETH . It's been one of my most consistent trades over the past few weeks, and I'm waiting for the next high-probability setup. 👀📊
But this is exactly why I never trade without a stop loss. One candle like this can wipe out weeks or even months of profits if your risk isn't managed properly.
Traders with larger capital might be able to absorb this kind of volatility, but if you're trading with a smaller account, protecting your capital should always come first.
For now, my focus is shifting to $ETH . It's been one of my most consistent trades over the past few weeks, and I'm waiting for the next high-probability setup. 👀📊