Just locked in my stop loss at breakeven. Once the trade moves in my favor, I'm moving it up to cover my entry point. This way, I'm playing with the market's money rather than gambling with my own capital. It's a simple risk management move that keeps emotions out of the game when things get volatile.
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OnChainArchaeologist
· 01-08 00:41
That's right, setting a stop-loss at the breakeven point is indeed a smart move. I didn't do that before, and it took me a few times to realize the trick.
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ForkYouPayMe
· 01-07 19:17
Setting the stop-loss at the breakeven point, I also use this trick. But the key is to wait until the market truly moves in your favor; otherwise, it's just armchair strategizing.
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ReverseTrendSister
· 01-07 17:26
Setting the stop-loss at the cost price is actually quite smart, but the real test is still to come—can you resist the urge to move it?
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TokenomicsDetective
· 01-05 11:58
I like this move; risk management is maxed out. It's only when the market hits against me that I will know if it works or not.
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SatoshiLeftOnRead
· 01-05 11:51
This trick for playing the market is really clever, but I'm just worried that when my mentality collapses, I'll still manually close the position haha
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GweiTooHigh
· 01-05 11:48
Sounds good, but when the market actually moves in the opposite direction, it's still easy to break the strategy...
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GasFeeDodger
· 01-05 11:48
This trick of playing the market is indeed awesome, but there are few who can truly stick to the end.
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SurvivorshipBias
· 01-05 11:48
This operation is indeed stable. Setting the stop-loss at the cost price is a way to prevent yourself from blowing up.
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just_another_wallet
· 01-05 11:44
I like this operation, just worried about it not being executed properly.
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DegenWhisperer
· 01-05 11:40
Alright, I know this routine well. Break-even stop-loss and then follow the trend move. It sounds very rational, but can you honestly say you've never copied others?
Just locked in my stop loss at breakeven. Once the trade moves in my favor, I'm moving it up to cover my entry point. This way, I'm playing with the market's money rather than gambling with my own capital. It's a simple risk management move that keeps emotions out of the game when things get volatile.