My weaknesses Flashcards

1
Q

I’m too scared of making a mistake, only want positive returns

A

This results in me, moving the stop losses to match, fearing, that we have reached the high and the price will go down.

When making a trade, I should go for stop loss around 2-3% (a little bit after support levels) and stick to that.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

I’m too scared of making a mistake, only want positive returns

A

This results in me, moving the stop losses to match, fearing, that we have reached the high and the price will go down.

When making a trade, I should go for stop loss around 2-3% (a little bit after support levels) and stick to that.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Do not add stop loss in crypto markets, when we are approaching milestones - there might be big corrections (whales catching fish)

A

They do this move to liquidate positions and stop losses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly