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RE: Trading NOT selling STEEM | Finding my trading style

in #trading7 years ago (edited)

That is precisely why you use Stop Loss... I was holding a shitload of Wings and I went to sleep leaving it well after halfway to my TP all green all nice...

I woke up and saw that Binance announced it would be de-listed, checked the charts, it had dropped 25% in minutes.

Since it had build a weak support slightly above my entry price i had moved the SL there before going to sleep and actually made a small profit when the stop loss kicked in.

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Exactly that's how it works!

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