Re: As a successful trader, how do you cut your loss short?
by
blozo
on 01/08/2018, 10:39:39 UTC
You should put a stop-loss and some profit taking levels when you start your trade... For example stop-loss at -5% and profit raking at 5%, 10% and 15%... If the price go up you should move also the stop-loss up (keeping it -5% of the current price)