LTC/USDT
Hello. Today, Saturday, December 25
on the closing day of the market, a 4-hour bullish candle was closed, according to the bullish trend we had. This is a pullback stop that I do not like at all. Because in many cases in this type of stop I eat stop. Because we have a trading node that is waiting for the trigger but the price does not reach that node and we have to place a trading order at a higher point based on the stop. But this type of stop is set to avoid being left out of the market. But the risk management that I learned to use for this type of stop is 1% of my trading account balance.
Hello. Today, Saturday, December 25
on the closing day of the market, a 4-hour bullish candle was closed, according to the bullish trend we had. This is a pullback stop that I do not like at all. Because in many cases in this type of stop I eat stop. Because we have a trading node that is waiting for the trigger but the price does not reach that node and we have to place a trading order at a higher point based on the stop. But this type of stop is set to avoid being left out of the market. But the risk management that I learned to use for this type of stop is 1% of my trading account balance.