Do you use take profits?

If you do that’s fine but you may want to take this into consideration...

When you set a take profit, you’re limiting your potential profits.

Let’s say you have a take profit set and price rises up to it and hits it but it doesn’t stop rising and it rises 20-30% up before even dropping slightly. You would be pretty annoyed right?

One way of stopping this is by trailing your stop loss, instead of using a take profit, move your stop loss more towards price as price moves upwards or downwards in your favoured direction.

@CryptoTrades #education #profits #stoploss #trailingstoploss #strategy #signals #cryptotradespremium #winningsignals