【Reflection 1: About Stop Losses】


90% of stop losses are unnecessary; they will come back. But that 10% that doesn't stop loss will blow up the account and vanish completely.
【Countermeasure】
Frequent stop losses make it difficult for funds to grow over time. Usually, the win rate is above 80%, so take a profit and exit. But if the loss reaches 20% of the total position, stop loss unconditionally, and do not open new positions that day. This strategy can well maintain gradual growth and also allow for timely braking in case of mistakes. A 20% loss can generally be recovered in three or five days, which is an acceptable pain.
View Original
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned