Should position size be based on gut feeling or calculated from the stop-loss distance?
Set your stop loss first, then work backward from your risk per trade to determine your position size. That way, you know in advance how much each losing trade will cost you.
Knowledge may seem boring in everyday life, but its value becomes clear when you hit a pitfall.
Leverage isn't essential. If you're not familiar with it, spot trading is perfectly fine.
$BTC 81307.34（-2.39%）
Set your stop loss first, then work backward from your risk per trade to determine your position size. That way, you know in advance how much each losing trade will cost you.
Knowledge may seem boring in everyday life, but its value becomes clear when you hit a pitfall.
Leverage isn't essential. If you're not familiar with it, spot trading is perfectly fine.
$BTC 81307.34（-2.39%）