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Many people get liquidated because they didn't set their stop-loss properly. I’ve also suffered big losses before.
#BTC Currently at 66,800, still fluctuating between 65K and 66K.
This is how I set my stop-loss:
2-4% below during sideways trading
Leave an additional 1% buffer at support levels
After triggered, stay calm for 30 minutes, don’t immediately reverse position
Feel free to comment: How do you set your stop-loss? Do you add more buffer during sideways markets? Let’s discuss together~ No guarantee of profit, Wang’s personal insights.