My last 3/4  trades I was stopped out on all occasions, and the market turned in my favour on all the occasions lol...

Rather than have made an easy $1000+ dollors im down about $300/400.  Its happened to me a number of times this last month..


I have been trying to analyse and see what I could have done differently, What were my mistakes etc.

My trading style is to try and catch trend/move reversals.  I Favour undersold/oversold RSI divergence etc as well as try to catch the pullbacks of sharp/sudden moves. Like the ETC pump yesterday.  I shorted ETC at 14.50, could have taken $100 profit but was convinced it was going to go down further... I was stopped out a bit later at 14.85... AND then it reversed down to 13.69 something.... so was well annoyed.

Placing a stoploss can be very tricky, and in my case, I placed too close to price action which resulted in a loss rather than profit.

Not placing as stop loss is extremly dangerous too, especially with crypto as coins can drop 20%+ in value within no time, however out of the two scenarios I think having stops is a must, like the previous OP said.  It helps with the emotions, you accepting a small calculated loss, allows you to trade another day!!!