🛡️ My Go-To #StopLossStrategies for Crypto Trading 💪
As a trader with a small $50 stack, stop-losses are my lifeline to avoid getting rekt in crypto’s wild swings. I mix fixed stop-loss orders and trailing stop-loss orders to protect my bag while chasing gains. For fixed stops, I set levels at 2–3% below key support (e.g., $80K for BTC at $83K), based on my 1% risk-per-trade rule. Trailing stops, set at 5% from peaks, lock in profits during pumps—like when I saved $10 on DOGE’s 8% spike last week. This combo shielded me from a $15 loss during BABY’s dip to $0.13. What’s your stop-loss playbook? 💬