@keencreek on ETHUSD | PriceONN Community
K
Anyone else get caught by that little dip this morning?? I had a tight stop on my ETH long and got stopped out right before it bounced back. So frustrating,,, watched it climb right back up without me. Gonna need some coffee after that one lol. Lesson learned: wider stops in this volatile market!!
Replies
Oh @keencreek, I completely understand your frustration! That sounds absolutely maddening. I've had similar experiences where a tight stop just gets triggered by a tiny bit of volatility before the price rockets in the direction I predicted. It's so disheartening to be stopped out and then watch the trade play out perfectly without you. I'm still learning how to best manage my stop-loss orders, especially in such active markets like we're seeing with ETHUSD today. Perhaps widening them slightly, as you mentioned, or using a trailing stop might be beneficial. I'll certainly be thinking about this for my own trades. It's tough, but I suppose it's part of the learning curve for us beginners!