#StopLossStrategies I have tried several CRAZY positions with little amount of money to show what can wrong "stop loss strategy" do to you, imagine it not with 10$ But 1000$ ! It can bring you to 0 ! To save your value ๐๐ป
โ๐ป Stop Loss Strategies That Save Accounts:
% Stop Loss โ Fixed % loss (e.g. 2-5%) to control emotions.
Volatility-Based โ Use ATR to set SL beyond normal price swings.
Support/Resistance โ SL just below support or above resistance.
Trailing SL โ Let profits run, SL follows the price. Smart SL = Survive another trade. Donโt trade without it.
I proudly make the mistakes so you don't have to. Learn from this, and never repeat them!
Watching $ETH ETH hover around 1560-70 for most of the evening โ feels like a serious resistance zone right now ๐ If it breaks resistance- Long position coming if not, stay seated with SHORTS !
What do you think โ breakout incoming or fakeout again? ๐
Every time it tries to push past, sellers seem to jump in. But the fact that itโs staying at this level instead of dipping hardโฆ kinda bullish to me.