Worth saying plainly: trading without a stop.
A position with no stop has no defined loss, so the size of the loss gets decided by whatever the market does next and by how long you can bear to watch it.
Decide the invalidation level before you enter, and place the order when you place the entry. A stop you have to remember to use is not a stop.
Today's market makes the point: 牛来 is +47.1% while IOST is -55.8%, a spread of 103 points across the same 60 liquid pairs on the same day.
#Write2Earn #TradingBasics #CryptoEducation #TradingStrategy
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
A position with no stop has no defined loss, so the size of the loss gets decided by whatever the market does next and by how long you can bear to watch it.
Decide the invalidation level before you enter, and place the order when you place the entry. A stop you have to remember to use is not a stop.
Today's market makes the point: 牛来 is +47.1% while IOST is -55.8%, a spread of 103 points across the same 60 liquid pairs on the same day.
#Write2Earn #TradingBasics #CryptoEducation #TradingStrategy
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
