How to set take profit and stop loss?


Bro's buddies can just take a look!
① For the first position, I generally do not set a stop loss at 1%. If I feel that it is close to the bottom, I may not set a take profit and hold on a bit longer! This is to ensure that my lower position is not hit, which could cause me to miss the market!
②If the second low buy point is hit, at this time I usually choose to break even or take a small profit. For example, during the day I will be more patient, but if it’s in the evening and I hit two low buy points while monitoring the market, I will choose to break even and sleep peacefully!
③ I usually only choose one for BTC/ETH, and one for SOL/DOGE, with at most two contract positions! For altcoins, I generally take small positions, it’s either profit or loss, and I never hold too many altcoin positions! 90% of the time, I trade the top four, and I rarely trade altcoins!
④ Our strategy for the first position can also refer to Saoge's method of not setting a stop loss, but we must set a take profit; after hitting the second low buy position, we can run to break even ok 🆗 thanks 👍 #Gate Initial Global Listing YZY#
NOT-1.84%
MAY-0.46%
HOLD1.12%
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
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)