🛑 ADVANCED STOP-LOSS: Earn while You Sleep with the 'Trailing Stop'! (This is how I use it)
I have already taught you how to use the basic Stop-Loss to limit your losses. Now let's go for the tool that allows you to secure profits automatically: the Trailing Stop (Trailing Stop).
📌 Normal Stop-Loss:
Static: It stays at the same price. If the crypto goes up, your Stop-Loss stays down.
📌 Trailing Stop (Mobile Stop):
Smart: Follows the price of the crypto at a fixed distance (e.g., $100 USD away). If the price goes up, your Stop-Loss goes up with you.
Benefit: If the market makes a spike, it secures your profit. If the price suddenly drops, your Stop-Loss activates at the highest price it reached and not at the entry price.
💡 My Practical Advice:
It’s perfect for when you open a position and cannot monitor the market. It’s your insurance so that a profit does not turn into a loss.
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