Should position size be based on gut feeling or calculated according to the stop-loss distance?
Many trading resources suggest keeping the risk on any single trade to around 1%–2% of your total capital, with the exact percentage depending on your personal risk tolerance.
Here’s the key: after a series of losses, you can reduce your position size or take a break. Don’t increase your position size to try to win it all back at once.
By the way: $BTC is currently at 81586.89, down 0.72% over 24h.
Once you’ve set a stop-loss order, stick to it—don’t move it when the price reaches it.
#BTC
Many trading resources suggest keeping the risk on any single trade to around 1%–2% of your total capital, with the exact percentage depending on your personal risk tolerance.
Here’s the key: after a series of losses, you can reduce your position size or take a break. Don’t increase your position size to try to win it all back at once.
By the way: $BTC is currently at 81586.89, down 0.72% over 24h.
Once you’ve set a stop-loss order, stick to it—don’t move it when the price reaches it.
#BTC