#BTCvsMarkets
#StrategiesToEndLosses
A quick loss can occur in an instant. This is where the role of the "stop loss" comes in as a basic tool to protect capital. Determining a clear point to exit the trade when the price drops below a certain level saves you from significant losses.
For example, if you bought a coin at $1.50, you can set a stop loss at $1.30. This way, if the market goes against you, you will incur a small loss instead of being dragged down by the fall.
Does the stop loss mean you are a weak investor?
On the contrary, it is a professional behavior that shows you protect yourself before attempting to win.
What is your strategy? Do you use a fixed or mobile stop loss depending on market movement?
