Post
Topic
Board Speculation (Altcoins)
Re: As a successful trader, how do you cut your loss short?
by
andrei56
on 10/09/2018, 16:27:31 UTC
Hello guys please can we share our view as a successful crypto trader how do you cut your loss short??
When it comes to trading you should always have an exit strategy even before you make a trade, you need to set an amount of money that you are willing to tolerate to lose during that trade and once you lose more money than that you need to cut your losses and move on, I know that a lot of people do not like to think about this but if you do not think about the worst case scenario then you will not be prepared for it.