One of the most effective strategies I use is the "Trailing Stop-Loss". Instead of setting a fixed stop, I let it move as the price moves in my favor. This way, I lock in profits while still giving the trade room to breathe.
For example, during BTC’s recent pump followed by a sharp dip due to #TrumpTariffs, my long trade hit 12% in profit. I moved my stop up by 5% as price climbed — when the market reversed, my trade closed with +7% profit instead of going back to breakeven or loss.
Trailing stop-loss is perfect in volatile markets, especially in crypto, where price can reverse in minutes. It helps me stay in the trade longer while minimizing downside risk.
Your strategy is only as good as your risk management. Trailing SL has saved me countless times!
