Let’s talk about position sizing.
Many trading resources recommend limiting the risk on any single trade to around 1%–2% of your total capital, though the right percentage varies from person to person.
One thing people often overlook: the deeper your losses, the harder it is to recover. After losing 50%, your remaining capital has to double just to get back to where you started.
After a string of stop-losses, reduce your position size or take a break. Don’t increase your position size to try to win it all back in one go.
Back to the market: $BTC is currently at 81655 (24h -0.61%).
Be mindful of the risks, and make your own decisions.
Many trading resources recommend limiting the risk on any single trade to around 1%–2% of your total capital, though the right percentage varies from person to person.
One thing people often overlook: the deeper your losses, the harder it is to recover. After losing 50%, your remaining capital has to double just to get back to where you started.
After a string of stop-losses, reduce your position size or take a break. Don’t increase your position size to try to win it all back in one go.
Back to the market: $BTC is currently at 81655 (24h -0.61%).
Be mindful of the risks, and make your own decisions.