Quote from: ervinmadureri on July 17, 2018, 02:25:36 PM

Quote from: ricseb on December 26, 2017, 09:35:40 AM

Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.

ricseb

I think stoploss at this point is very important, you can see that the market is fluctuating continuously and all are fluctuating at the price of bitcoin. The price of bitcoin is in the long-term downtrend, so I think the bitcoin price could fall sharply in the future, so you should put stoploss in every trading plan so that you can minimize any possible risks. out.

In the market where fluctuations is really huge, stop and loss is really important, many traders who are familiar with this strategy always set their own assessment and provide better height doing their stop and loss entry, this such actions give a little precautions to avoid bigger losses just in case the timing is not favoring your entry points, if you are playing with short term trade it is a must to have this from your system it will give extra support for you capital investment.