3Wk
Why do you want to limit profits?
Why not limit losses (SL, SMA etc.)?
Why not limit losses (SL, SMA etc.)?
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3Wk
@Epi Good idea, but I'm not sure where I would put it. I can't imagine where the crypto market will go this time. If I set the stop loss too low, I'll jump out late.
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3Wk
@robiin You buy the opportunity to make more profits with the risk of making more losses. You manage risks with diversification. In your case, diversification over time.
This means that you simply divide your position into several tranches and define a separate stoploss for each tranche.
This means that you simply divide your position into several tranches and define a separate stoploss for each tranche.
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•3Wk
@Epi Thank you. It's definitely worth considering!
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