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this is precisely why u should learn to use stop loss!!!
Don be greedy .. take profit when u have the chance or u will cry waiting for it to go up.
use trailing stop loss. Or you can do it manually as well if u want to..
let's understand what trailing stop is ..
A trailing stop loss is like a smart safety net for your crypto trades. It helps you lock in profits when the price goes up, and protects you from big losses if the price drops.
Here’s how it works (with a simple dollar example):
1. You buy a coin at $100.
2. You set a trailing stop of $10.
3. If the price goes up to $120, your stop also moves up and stays $10 behind — now it’s at $110.
4. If the price falls to $110, your coin is sold automatically to protect your profit.
The cool part? The stop moves only when the price goes up. If the price drops, it stays in place and waits to sell if things fall too far.
Now, let’s look at the same thing using percentages instead:
1. You buy the coin at $100.
2. You set a trailing stop loss of 10%.
3. That means if the price drops 10% below its highest point, your coin will be sold.
What happens next?
If the price goes up to $120, the stop follows and moves to $108 (10% below).
If it goes even higher to $130, the stop moves to $117.
But if the price then drops to $117, the trade is triggered and the coin is sold automatically.
So basically, a trailing stop loss follows your profits upward, but saves you from a big loss if the market suddenly turns.
It’s like having a smart assistant that says:
“Let’s keep climbing, but if things go bad. we should get out safely.