Post
Topic
Board Trading Discussion
Re: Is stoploss worth it ?
by
cydrix
on 01/03/2019, 22:06:07 UTC
I have set the weekly target of 2% profit on the capital amount which is quite easy knowing that BTC swings about 2% on a daily basis and hence it would be an easy target to achieve.

I am achieving the target but as the recent dip was a big one, it took away all the profit I made. So is a stoploss worth a try so that such big dips don't take away the rest of the profit I make ? Should I consider placing a stoploss for such a small target ?
Depends on your tatste, but if I were you I would not put mt money into such a small tartget, you should already be buying all of it by now. Btc is much cheaper than it's price for this past years so this might be the time to rise it up a little bit. Let's wait for big shocking price to happen better save up for now,