#BTC Actually, you can see that I started building my position at a loss, with two stop losses, and later opened another position and stopped loss halfway. My approach is somewhat left-sided, but it is based on a fundamental judgment of the market. There is no reason to believe that the left side might reach halfway up the mountain, facing a significant loss.

This illustrates the necessity and importance of position management (risk control)! And what kind of measures to take based on what kind of price behavior, even if at a loss, there can be strategies to ensure capital preservation and some profit.

This time I used 60% of my position; I almost never go fully invested, only under one circumstance do I go fully invested!