Want to know about Take Profit and more?
Here is a Study Guide ⬇️⬇️⬇️
$METAB
#nuricrypto #losfantasticosdeltrading
Here is a Study Guide ⬇️⬇️⬇️
$METAB
#nuricrypto #losfantasticosdeltrading
Post
--Bullish
Nuri-Crypto
·
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Study Guide: Stop Loss, Take Profit, and Trailing Stop Management
1. Fundamentals of Stop Loss (SL)
The Stop Loss is a conditional order that automatically liquidates your position if the market moves against you, limiting the loss to a controlled percentage of your capital (recommended: 1% to 2%).
1. Technical Invalidation Location
Long (Buy): It is placed below the last relevant low (swing low) or key support.
Short (Sell): It is placed above the last relevant high (swing high) or key resistance.
2. Golden Rule: Mark Price vs. Last Price
The Stop Loss is a conditional order that automatically liquidates your position if the market moves against you, limiting the loss to a controlled percentage of your capital (recommended: 1% to 2%).
1. Technical Invalidation Location
Long (Buy): It is placed below the last relevant low (swing low) or key support.
Short (Sell): It is placed above the last relevant high (swing high) or key resistance.
2. Golden Rule: Mark Price vs. Last Price
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.