đ§ STOP LOSS
A stop loss is supposed to protect your capital.
But placing it at the most obvious level
doesnât always mean itâs a good stop.
Everyone sees:
đ Below the recent low
đ Above the recent high
đą Around obvious round numbers
The real question is:
Where is your trade idea actually invalidated?
Donât place your stop just because everyone else does.
Define your risk.
Understand the market structure.
Then choose your position size accordingly.
Sometimes protecting your capital means
accepting that you were wrong. đŻ
Whatâs more important to you:
tight stop or better trade setup? đ
#Crypto #Trading #RiskManagement #BinanceSquare #BTC
A stop loss is supposed to protect your capital.
But placing it at the most obvious level
doesnât always mean itâs a good stop.
Everyone sees:
đ Below the recent low
đ Above the recent high
đą Around obvious round numbers
The real question is:
Where is your trade idea actually invalidated?
Donât place your stop just because everyone else does.
Define your risk.
Understand the market structure.
Then choose your position size accordingly.
Sometimes protecting your capital means
accepting that you were wrong. đŻ
Whatâs more important to you:
tight stop or better trade setup? đ
#Crypto #Trading #RiskManagement #BinanceSquare #BTC