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.

TradigView Staff has created a fantastic tool ... use it !!!!! ... especially if you follow other Traders !!

*our philosophy

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I always use Stop Loss in Forex but have been hesitant using it in Crypto due to all the manipulation talk. Any worries there?
what a noob I wish I could see your trade. you will hit your stop loss based on your other chart and lose your entire positions. unbelievable. lol
SignalSwiss ChartsOnTime
@ChartsOnTime, again, this is not a trade.
i dont agree there shuld be asset management rather than stoploss.
for example
i bought btc 7200 and will buy 1 btc every 1500$ down
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
@Jan_Divic, % of your asset!!
+7 Reply
@Jan_Divic, what does "bound to get stop loss hunted by the whales"?
so if you have 10k usd in portfolio, each trade should be 100-200 usd? :( all coins move like is like putting 5k or 10k alone in BTC
@GazMema, Exact, 100/200$ for every trade.
+2 Reply
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