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How do you guys handle stop placement with BTC's volatility?
I'm still trying to dial in my risk sizing for $BTC. Given how quickly it can swing, I find myself either getting stopped out prematurely with tight stops or taking much larger losses than intended with wider ones. What's your approach?
3 comments · 1 points
I hear you, it's definitely a challenge. For BTC, I've found that using ATR-based stops works pretty well, maybe 2-3x ATR depending on my conviction. It helps adjust for the current volatility rather than just a fixed percentage.