Let's talk about take-profit and stop-loss orders.
A stop-loss that executes at market price once triggered is called a stop-market order. It has a higher chance of being filled, but in volatile markets it may experience significant slippage.
To be honest, this is something I hadn't paid attention to before either: once you've set a stop-loss, don't move it farther away just because it's about to be triggered. Doing so often turns a small loss into a big one.
Coin mentioned in the article: $BTC , quoted at 76707.78 (24h -4.83%).
Leverage multiplies your gains and losses, not your win rate. The higher the leverage, the less room you have for mistakes.
#BTC
A stop-loss that executes at market price once triggered is called a stop-market order. It has a higher chance of being filled, but in volatile markets it may experience significant slippage.
To be honest, this is something I hadn't paid attention to before either: once you've set a stop-loss, don't move it farther away just because it's about to be triggered. Doing so often turns a small loss into a big one.
Coin mentioned in the article: $BTC , quoted at 76707.78 (24h -4.83%).
Leverage multiplies your gains and losses, not your win rate. The higher the leverage, the less room you have for mistakes.
#BTC
