Post
Topic
Board Trading Discussion
Re: Stop lose trading feature
by
virasog
on 22/10/2021, 19:06:16 UTC
After that I looked on Binance Exchange about the stop-lost feature and I found it very interesting to apply it to every trade to prevent big losses. even this feature is very helpful to keep the emotions of traders in seeing market price movements.

If this is first time you are using stop loss in crypto market, make sure you know where to put the stop loss. Crypto markets are very volatile and exchanges hunt for your stop losses. I usually put the stop loss in my mind specially in the futures market. How many times i have see that prices dump and wicks are made only to eat your stop losses and then the prices move back up.