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nrpeyton
Oct 9, 2022 1:46 AM

Hedge 99% of Stop Loss | Will it work? | Why isn't this popular? 

Bitcoin / TetherUSBinance

Description

The explanation is drawn on the chart using text boxes.
Comments
RomanInvests
I assume it’s better to just accept your loss. If there’s a false reversal, but it happens to hit your stop loss and you enter a new trade in the opposite direction then you’re taking another loss unnecessarily.
nrpeyton
@RomanInvests, yeah I hear what you're saying -- but what if we set the bot to maintain it? (i.e., activate or deactivate the hedge as the price crosses the threshold)?
Binance also offers zero fees for Bitcoin spot).
nrpeyton
n/a
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