Cryptocurrency Q&A
How many pips is a good stop loss?
How many pips is a good stop loss?
benjamin_doe_philosopher
Tue Dec 24 2024
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6 answers
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I'm trying to figure out the optimal number of pips to set as a stop loss when trading. I want to minimize my risks but also ensure I don't miss out on potential profits. What's a good number of pips to set as a stop loss?
6 answers
InfinityRider
Thu Dec 26 2024
This distance should be neither too close nor too far, as it can affect the overall risk management strategy.
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Bianca
Thu Dec 26 2024
When setting a stop loss in trading, it is crucial to determine an appropriate distance from the sell order level.
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GwanghwamunGuardianAngelWingsBlessing
Wed Dec 25 2024
BTCC, as a top cryptocurrency exchange, offers a range of services that cater to the needs of traders. These services include spot trading, futures trading, and a secure wallet.
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SoulWhisper
Wed Dec 25 2024
A commonly used practice is to place the stop loss 15-20 pips above the sell order level.
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Martino
Wed Dec 25 2024
This range provides a buffer zone that can accommodate minor market fluctuations without triggering the stop loss prematurely.
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