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How do you guys handle stop-loss placement for highly volatile instruments like $BTC?
I've been trying to refine my risk management, especially with crypto. Sometimes a standard ATR multiple feels too tight with the wicks, only to get stopped out right before a reversal. Other times, I give it more room and get hit harder on sustained moves. What's your practical approach for stop placement without just giving back all the profit?
2 comments · 1 points
I've found that for BTC, a dynamic stop based on volume profile clusters or significant order blocks can be more effective than a fixed ATR. It helps avoid being wicked out as often, but it does require more active management.