STOP LOSS: Your saving angel
What is a stop loss?
Why do i need to use it?
Why should i listen?
Stop loss is designed to limit an investor's loss, it is built FOR YOU. It's like fighting a boss without a weapon, yet there are multitudes of weapon ready to be used for you beside you.
Why should i use a stop loss when my liquidation is far?
MARKET VOLATILITY IS AT THE HIGHEST RIGHT NOW, not only cryptocurrency, but also stocks and commodities. The world is in shambles, and with 90% of the world experiencing a loss, we want to be in that 10% profiting from the volatility.
I won't explain further how to set stop losses in binance or huobi, you can always do a simple google search or watch 2 minute videos on youtube. Literally. Sorry i cannot place any links in here.
I know this is short, but long posts are generally skipped by most of the newbie traders like me. Lets hope we all can be millionaires soon.
May you all and i be blessed with good luck.
Why do i need to use it?
Why should i listen?
Stop loss is designed to limit an investor's loss, it is built FOR YOU. It's like fighting a boss without a weapon, yet there are multitudes of weapon ready to be used for you beside you.
Why should i use a stop loss when my liquidation is far?
MARKET VOLATILITY IS AT THE HIGHEST RIGHT NOW, not only cryptocurrency, but also stocks and commodities. The world is in shambles, and with 90% of the world experiencing a loss, we want to be in that 10% profiting from the volatility.
I won't explain further how to set stop losses in binance or huobi, you can always do a simple google search or watch 2 minute videos on youtube. Literally. Sorry i cannot place any links in here.
I know this is short, but long posts are generally skipped by most of the newbie traders like me. Lets hope we all can be millionaires soon.
May you all and i be blessed with good luck.
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