SignalSwiss
Education

TRADE YOUR SETUP

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
There are two Trader categories: one wins and one loses, and if you do not use a stop loss, you are a predestined loser* (C.R.)
That said, when you decide to enter the market, the first thing you need to define is the stop loss position, only after you have done so, and you have calculated the correct size, you can take position on the market. Consider that a good R/R Ratio is 1:3.
Some small technical advice on the chart.

ALWAYS USE A STOP LOSS!!
TradigView Staff has created a fantastic tool ... use it !!!!! ... especially if you follow other Traders !!

*our philosophy

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Thanks for your support and happy week-end!


SignalSwiss
Stop loss is great for regular markets but anything less than 5-7% stop loss in Crypto and over night, you are bound to get stop loss hunted by the whales before the pump in more than 50% of ocasions...
+3 Reply
SignalSwiss Jan_Divic
@Jan_Divic, % of your asset!!
+6 Reply
so if you have 10k usd in portfolio, each trade should be 100-200 usd? :( all coins move like BTC....it is like putting 5k or 10k alone in BTC
Reply
@GazMema, Exact, 100/200$ for every trade.
+2 Reply
I kept losing money in the market until I began using stop-loss, now I'm back up in the green. Thanks
+6 Reply
SignalSwiss raydar07
@raydar07, great!
+2 Reply
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