Avoiding Stop Loss Pitfalls: Don't Make These 3 Mistakes
① No Stop Loss: Holding onto hope for a rebound, turning small losses into deep traps; ② Setting Stop Loss Too Tight: Being shaken out by normal fluctuations and missing subsequent market movements; ③ Frequently Moving Stop Loss: Raising the stop loss too early when in profit, failing to capture the full market movement. The correct approach: Set stop loss based on technical analysis and gradually raise the stop loss after making a profit. $BTC
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