Article 7: Profit and Loss Strategies
How I Manage to Avoid Losing Money | 3 Golden Rules
First, stop losses must be set. Each coin has a stop loss of -5% to -8%.
Second, take half of the profit. If you earn more than 15%, sell 50% to lock in profits.
Third, do not average down. If you're wrong, admit it, don't add to your position.
How much do you generally set for stop losses? Let's chat in the comments!
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