BTC – A Subtle Art of Setting Stop Losses
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Hi Guys!
We are sure many of you lost money being discarded from your positions even though you correctly predicted the general direction of the price.
It happened to us as well. Many times.
After such event, you feel bad and temporarily freezes from entering the new position because of the fact you feel insecure and you lose your self-confidence.
Unfortunately, many untrusted exchanges take their position in granted.
They see the whole order book and they see our stop losses.
The art of setting them properly is to set them where no other participants do the same.
In such a place, it is very likely our position maintains and we earn money together with manipulative participants of the market.
Unfortunately, that’s the way it is.
The same happens on forex but not in the exchanges but on the brokerage level.
Please take a look at the charts.
Everything is described there.
Please let us know what you think?
Do you have any other interesting strategy?
Remember set your stop-losses at the least obvious place.
Thank you for reading and your time.
MASSIVE Hugs!
WBM Team.
We are sure many of you lost money being discarded from your positions even though you correctly predicted the general direction of the price.
It happened to us as well. Many times.
After such event, you feel bad and temporarily freezes from entering the new position because of the fact you feel insecure and you lose your self-confidence.
Unfortunately, many untrusted exchanges take their position in granted.
They see the whole order book and they see our stop losses.
The art of setting them properly is to set them where no other participants do the same.
In such a place, it is very likely our position maintains and we earn money together with manipulative participants of the market.
Unfortunately, that’s the way it is.
The same happens on forex but not in the exchanges but on the brokerage level.
Please take a look at the charts.
Everything is described there.
Please let us know what you think?
Do you have any other interesting strategy?
Remember set your stop-losses at the least obvious place.
Thank you for reading and your time.
MASSIVE Hugs!
WBM Team.
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