And so what about to have 2 positions ? One in and one out ...
So one ready to buy and a second one ready to sell...
I dont like stop loss cause sometimes you sell your position just for nothing ...
Aaaaarrrgggghhhh ... trading psychology is a real nightmare with crypto...
Hope to become a whale in 20 years with only my half $BTC
Its a good strategy to have 2 positions. It will minimize loses but will not maximize the profit because of the compensation for the loss. I suggest this strategy if you have the money to engage in different trading sites for arbitrage. Many traders earn a lot because of arbitration and I personally suggest it to you