PANews October 31 news: Well-known trader Ansem posted that time is an often underestimated risk management factor in short-term trading. When he enters a position expecting rapid price movement, he wants the market to move in the expected direction within a relatively short period of time. If Bitcoin lingers near the entry price for a long time and fails to develop as expected, he will reassess the trading logic. Ansem added that the advantage of short-term trading is the ability to identify earlier whether a trade is working, so sometimes even if the stop-loss level has not yet been triggered, he will exit early because the market has not unfolded as expected for a long time. When judging whether a trade is still worth holding, both price and time are important considerations.
Ansem on Bitcoin short-term trading: A delayed move that fails to develop as expected may be a signal to exit.
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