Stop Loss is Not a Sign of Defeat, But Proof You Have a Plan”
Post:
> Many crypto traders get stuck not because they are losing... but because they don't want to lose a little.
Stop Loss is a strategy, not fear.
Here’s how to set a Stop Loss so you won't be cut by emotions:
3 Stop Loss Strategies in Crypto:
1. Fixed Percentage Stop
> Example: Set stop loss at -5% or -10% from the purchase price.
Suitable for those who like it simple and disciplined.
2. Support-Based Stop
> Place the stop loss just below the nearest support level.
If the price breaks through support, it is very likely to continue to drop.
3. Trailing Stop
> A stop loss that goes up when the price goes up.
Example: If the price increases by 10%, the stop loss increases as well. So you can secure profits while giving it room to move.
Tips BOOK98INDO:
> “In farming, sometimes you have to pull out wilted plants to keep the land fertile.”
The same goes for crypto — cutting losses is part of the growth strategy.
Don’t trade with your heart. Trade with a strategy.
