๐ Are you using a feature that helps you earn more?
Many traders ignore a powerful tool โ the trailing stop. I also didn't use it for a long time, but now I apply it in almost every deal ๐
๐ What is it?
The trailing stop is a stop-loss that moves with the price.
๐ Price goes up โ stop is pulled up
๐ Price goes down โ deal closes
๐ก How to use:
You set the distance (for example, 2โ5%)
๐ Price goes up โ profit increases
๐ Reversal โ profit fixation
๐ฅ Example:
On Siren, I used the trailing stop after the first take:
1๏ธโฃ Closed part of the position
2๏ธโฃ Left the remainder with trailing
3๏ธโฃ Price increased โ took more profit
๐ฐ This is ideal when you don't know where to fix
โ ๏ธ Important:
โ Small step โ will get knocked out
โ Large โ you will lose part of the profit
๐ Conclusion:
The trailing stop helps to take the maximum movement without emotions ๐
๐ Are you using it or trading the old-fashioned way?
๐ฒ Subscribe โ training, signals, and news ๐
#TrailYourSL #BTC #study