Let's continue. It's still a 10% SL. There are 2 ways for you to set a 10% SL. 1. Trade cross and set SL 10% compared to entry 2. Trade Isolute using x10 leverage and enter the order at 95%.
At this stage, many have doubled or tripled, but looking at the bigger picture, they are still closer to the bottom than to the top. Instead of trying to catch the peak short, look for pullback longs to play.
Trading will have both right and wrong. Right means take profit, while wrong means stop loss. Those trading spot or futures also need a trading system as well as a consistent strategy. Signals still require knowledge to filter before entering an order.