Sorry for the attention grabbing title, need the clicks lol.
For all trades what is good percentage loss to trigger stop loss?
Or do it use it at all?
Is under 10% Loss good to say to put stop loss at?
Catchy title For all trades what is good percentage loss to trigger stop loss?
Or do it use it at all?
Is under 10% Loss good to say to put stop loss at?
.Its all personal choice with % loss for stop loss. Take into account that its bitcoin market, price can swing 10% in matter of minutes, not days/weeks etc.
If you place 10% stop loss in FIAT markets, put 25% in bitcoin world.
Second thing, put value you are comfortable loosing.