Why don't I set a stop-loss order 🤔
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First, before the answer (I don't invest in failing currencies)
And I don't invest in suspicious currencies that are based on prohibitions like alcohol, music, gambling, and other forbidden things.
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The answer is, my friend 😊
When I enter a spot trading deal,
I have a clear and well-studied goal and action plan.
So there might be pressure from the bulls and a drop
((( false ))) to buy at a lower price, and then the price rises more than before ..
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In summary 🧐
If I had set a stop-loss and the price hit it and then rose again, that means I lost twice.
The first time is that the price dropped below what I bought at.
The second time is that the price rose and I lost the profits.
