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RE: The Importance Of Using A Stop-Loss In Trading

in Project HOPE5 years ago

I think all the various types of strategies when it comes to crypto trading have their pros and cons... and it is great to have variety of options on the best strategy to utilize. The good thing is that a lot of the major exchanges have the feature...

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I has never known the cons of stop-loss until yesterday.
I was holding Band Protocol and as you might be aware, it was pumping yesterday so I kept moving my sl but the price fell below that 2-3 times but somehow my order wasn't executed.
It only speaks of the inefficiency of sl.