With the same stop-loss level, why does one person lose 1% while another loses 30%?
Many trading guides recommend keeping the risk on each trade to around 1%–2% of your total capital. The exact percentage depends on your personal risk tolerance.
Here’s the key: after consecutive stop-losses, reduce your position size or take a break. Don’t increase your position to try to win it all back in one trade.
The coin mentioned in the discussion: $BTC is trading at 81241.41, down 0.94% over 24 hours.
Before placing an order, calculate the liquidation price. If it’s too close to the current price, reduce your position size.