Post
Topic
Board Altcoin Discussion
Re: What do you do when you are over 50% lose on your trades?
by
Nicoletan0831
on 25/01/2018, 13:07:47 UTC
If I have that kind of portfolio I will narrow it down to 2-5 atlcoins. This is to make sure that I can monitor any progress in the market. Losing 50% on one coins is very hard to recover. It will take you a lot of time to recover. That's why the second strategy you should do is set cutloss for your portfolio. Based on my experience my maximum loss tolerance is only 30% if one of my account reach 30% loss and the technical and fundamentals reflects is still downtrend I will execute my cutloss strategy.