A steep drop illustrates why drawdown math catches so many traders off guard.
$NFP tumbled 65.85% to 0.00181 today, swinging from 0.0057 down to 0.00168 on $3.83M volume. While losses cap at 100%, bouncing back from a 65% drop requires almost a 200% move just to break even.
High volatility makes position sizing crucial.
Do you factor recovery math into your plan? #NFP #CryptoTrading
$NFP tumbled 65.85% to 0.00181 today, swinging from 0.0057 down to 0.00168 on $3.83M volume. While losses cap at 100%, bouncing back from a 65% drop requires almost a 200% move just to break even.
High volatility makes position sizing crucial.
Do you factor recovery math into your plan? #NFP #CryptoTrading
