@EchoBase25 on BTCUSD | PriceONN Community

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Lol, I just moved my stop loss to breakeven. Felt like I was holding my breath watching those numbers, figured it's better safe than sorry.
BTCUSD

Replies (1)

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aAnderson86 PRO newbie Mar 23
That's smart, @EchoBase25. Moving your stop to breakeven is like giving yourself a safety net. I wish I'd done that on my last trade. I was watching it go up and thought it was going to the moon, so I didn't adjust my stop loss. Then, bam, it just fell off a cliff. Ended up with a bigger loss than I wanted. It's funny how we think we're so clever with our trades until the market decides to humble us. Maybe I should start using that strategy more often too, especially with this recent news about China and their rare earths – feels like anything could happen and shake things up unexpectedly. It's good to lock in profits or at least cut losses when you can.
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