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RE: Investment Language 101 Series: TERM OF THE DAY: -- What Is: ' Drawdown ' | E.39 | Trading Candle Cheat Sheet Incl. Each Episode.

in #money8 years ago

Do you have stops in place somewhere then to mitigate drawdown? This post is a great start to understanding where to place these limits. Very important for this market as it is still small and volatile... Crypto doesn't typically allow for such kind of trading. especially.. wallets wish I could somehow link a coldstore wallet with a leveraged platform.. this would solve this and make sleeping easier.

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Stop orders are key in any volatile market.

The lack of liquidity in crypto overall still, will change and it has ----

Crypto market cap total was $15B the start of this year, it is $640B and that is around a 34X gain/ 1 year as I wrote on the other nite.

LOL, the sleeping, I hear you.

How do you do stop orders or hedges when bulk is cold store?

You can't. That's the trade off btw. security and convenience.