How the 1 percent rule protects my account when BTC drops by 10 percent
BTC has just dropped by 10%. In my case, there were times when my account struggled. And other times when I could hold on.
Over time, I have tried to risk only a small part of my capital per trade. For example, if I have 1,000 USD, I try to ensure that my potential loss in a trade is not large. That has helped me continue trading the next day.
I have seen cases of traders who risk a high percentage and a normal correction ends up being a serious problem. It's not that the analysis was bad, but that the margin couldn't withstand the volatility.
When BTC drops sharply, sudden movements are normal. Keeping a margin of maneuver has relieved psychological pressure. I don't need to be right with every move.
How do you manage risk when the market falls?
#PsicologiaTrading #RiesgoYRecompensa #BTC