12/07/2024
❇️ What is Stop Loss?
💠 The loss limit is actually the cross section that determines that the exchange will be harmful and you cancel the trade.
🔰But what are the things we should care about when determining the loss limit?
🔹 Every trader has his own strategy, so you cannot make a stop loss based on what others are doing, even if they are successful and professional.
🔹Always maintain your commitment to Stop Loss and stick to what you want to do.
🔹The right trading strategy will ensure your success. Make sure to set a loss limit of 100% for all your trades, otherwise you may incur significant losses.
🔹After purchasing any cryptocurrency, place a stop loss order so that you do not incur a large loss as the market declines