Al-hashmy kingDec 25, 2021 · 3 years ago7 answers What are some best practices for setting a sell stop order in the world of cryptocurrencies?
Could you please provide some guidance on the best practices for setting a sell stop order in the world of cryptocurrencies? I want to ensure that I am using the most effective strategies to protect my investments and maximize profits. What factors should I consider when determining the stop price and the trigger price for the sell stop order? Are there any specific indicators or technical analysis tools that can help me make better decisions? How can I avoid false triggers and minimize the risk of executing the sell stop order prematurely? Any tips or insights would be greatly appreciated!