Pamela Zgjl
Open Trade
Occasional Trader
2.5 Months
أكبر حظ خلقنا مسلمين
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#CryptoMarketWatch
What happens if you do not use a stop loss?
Let's assume your trading account is 10,000 AED and you want to achieve a 300% net profit increase, which means you will exit the market with 40,000 AED if you are right. If you do not use a stop loss in this case, if you are wrong and the market moves in the opposite direction, you will lose everything you have. Thus, you will have only one opportunity to make a profit, and if you miss this opportunity, you will not be able to succeed. In this way, your chance of success becomes only 50% and cannot be increased because you will not be able to re-enter the market later to correct your mistake.
The impact of not using the strategy increases much more in the crypto market. We have repeatedly discussed the volatile nature of the cryptocurrency market resulting from the lack of liquidity in this market. Therefore, it is easy for whales to control the market and move currencies sharply within a few hours, and we have seen how in February 2025, many currencies dropped very quickly within a few hours over almost 3 days, specifically on February 4th and 5th, then on February 25th at the end of the month. Here, the importance of using a stop loss in the market to protect your capital at all times becomes very clear.
Disclaimer: This includes the opinions of third parties. It is not financial advice. It may contain sponsored content. Please review the terms and conditions.
What happens if you do not use a stop loss?
Let's assume your trading account is 10,000 AED and you want to achieve a 300% net profit increase, which means you will exit the market with 40,000 AED if you are right. If you do not use a stop loss in this case, if you are wrong and the market moves in the opposite direction, you will lose everything you have. Thus, you will have only one opportunity to make a profit, and if you miss this opportunity, you will not be able to succeed. In this way, your chance of success becomes only 50% and cannot be increased because you will not be able to re-enter the market later to correct your mistake.
The impact of not using the strategy increases much more in the crypto market. We have repeatedly discussed the volatile nature of the cryptocurrency market resulting from the lack of liquidity in this market. Therefore, it is easy for whales to control the market and move currencies sharply within a few hours, and we have seen how in February 2025, many currencies dropped very quickly within a few hours over almost 3 days, specifically on February 4th and 5th, then on February 25th at the end of the month. Here, the importance of using a stop loss in the market to protect your capital at all times becomes very clear.
Disclaimer: This includes the opinions of third parties. It is not financial advice. It may contain sponsored content. Please review the terms and conditions.
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The tenth day of the Ramadan calendar 2025 is here, and we conclude it with the conversion mission in Ramadan that has started now!
Guess the best code tomorrow and get a share of rewards worth 30,000 USDC.#MarketPullback
#رمضانك_مع_بينانس $BNB $BTC
Guess the best code tomorrow and get a share of rewards worth 30,000 USDC.#MarketPullback
#رمضانك_مع_بينانس $BNB $BTC
My 30 Days' PNL
2025-02-09~2025-03-10
+$0.09
+0.00%
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Participate in the event and get your share of this currency
Participate in the event and get your share of the currency
Participate in the event and get your share of the currency
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