1/ Known fact: traders lose money. Unknown fact:.
09 Nov 2023, 13:40
1/ Known fact: traders lose money š«£
Unknown fact:
The remaining 10% of traders knew how to put in a stop loss before executing a trade āļø
So what is a "Stop Loss"?
It's in the word itself - essentially it limits the loss you may make when you trade in crypto futures ā£ļø
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209 Nov 2023, 13:40
3/
Always make sure that you set your stop loss according to your risk exposure!
Stop losses limit downside risk which is ESSENTIAL for trading #crypto daily š
Always make sure that you set your stop loss according to your risk exposure.
3/
Always make sure that you set your stop loss according to your risk exposure!
Stop losses limit downside risk which is ESSENTIAL for trading #crypto daily š
09 Nov 2023, 13:40
2/
To set a stop loss, a trader must first identify a price point at which they no longer will want to hold the position šļø
This can be set:
š A percentage below the entry price
š A specific price level
š Below a #technicalindicator like the moving average or support level
To set a stop loss, a trader must first identify a price point at which they no longer will want to hold the position.
2/
To set a stop loss, a trader must first identify a price point at which they no longer will want to hold the position šļø
This can be set:
š A percentage below the entry price
š A specific price level
š Below a #technicalindicator like the moving average or support level