Do stop losses work after hours?
I'm wondering if stop losses are effective during after-hours trading. Do they continue to work when the regular market is closed?
Are stop losses a good idea?
I'm considering using stop losses in my trading strategy, but I'm not sure if it's a good idea. I've heard they can help minimize losses, but I'm concerned about potentially missing out on gains if the market recovers. Should I use stop losses?
Why stop losses are a bad idea?
I don't understand this question. Could you please assist me in answering it?
Do successful traders use stop losses?
I'm curious to know if successful traders incorporate stop losses into their trading strategies. Could you elaborate on the role of stop losses in their decision-making processes and whether it's a crucial element that contributes to their profitability? I'm interested in understanding if it's a widely adopted practice among those who excel in the cryptocurrency and finance realm.
Why are stop losses bad?
I've heard a lot of debate about whether or not stop losses are a good idea when trading in the cryptocurrency market. Can you explain why some traders argue that stop losses can actually be a bad thing? Are there specific scenarios where they can cause more harm than good? And if so, what are some alternative strategies that traders can use to manage risk without relying solely on stop losses?