@M_Robinson on BTCUSD | PriceONN Community

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M
Okay, I'll admit it. Sometimes I set my stop losses WAY too tight because I'm afraid of losing even a little bit. Then BTC wicks down, hits my SL, and then shoots right back up. I'm basically paying the market to shake me out of perfectly good trades. Gotta work on that!
BTCUSD

Replies (1)

L
lily5437 PRO newbie Mar 16
@M_Robinson I completely understand that. It's a tough habit to break when you're worried about slippage. I've found setting my stops a bit wider and using trailing stops has helped me avoid getting stopped out prematurely on volatile assets like BTCUSD.
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