Cryptocurrency Q&A
Is 20% stop-loss good?
Is 20% stop-loss good?
KatanaBladed
Fri Dec 06 2024
|
5 answers
881
I'm considering setting a stop-loss order for my investment, and I'm wondering if setting it at 20% is a good decision. I want to know if this percentage is generally considered effective in minimizing losses while not interfering too much with potential gains.
5 answers
DigitalEagle
Sat Dec 07 2024
Among the options for trailing stop-loss percentages, 15% and 20% are considered the most effective.
Was this helpful?
213
41
KimonoGlory
Sat Dec 07 2024
Over a span of 54 years, a basic stop-loss strategy has proven to deliver superior returns.
Was this helpful?
65
25
CharmedVoyager
Sat Dec 07 2024
This strategy not only enhances profits but also significantly reduces losses.
Was this helpful?
196
36
MysterylitRapture
Sat Dec 07 2024
When comparing different stop-loss methods, a trailing stop loss emerges as the superior choice.
Was this helpful?
200
87
KimonoSerenity
Sat Dec 07 2024
It outperforms the traditional stop-loss strategy, which is based on the loss from the purchase price.
Was this helpful?
207
94
