A friend asked me about this recently, so I thought I’d write it down.
A common position-sizing formula: Notional position value ≈ account balance × risk per trade ÷ stop-loss distance.
The bigger the loss, the harder it is to recover: after losing 50%, your remaining funds have to double just to get back to where you started.
Current price: $BTC is trading at 82,066.01 (24h +0.42%).
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Just a casual note—make your own decisions about what to do.