Post
Topic
Board Trading Discussion
Re: Is this also your strategy to avoid hitting your stop loss early?
by
Lanatsa
on 20/04/2022, 21:28:59 UTC
I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?
Test it out for yourself if it does work because you wouldnt know if it does work until you do apply it into  your trades.Putting up shallow Stop losses could really easily be triggered or hit up because of volatility and since we

know that we arent dealing with forex or indices or stocks which does have minimal movements but here on crypto space where 5-10% movement is really just like default thats why monitoring your stop losses would be

good or much better if you dont set anything at all specially if you are just dealing with active trading then it wont really be that necessary.