aeonflux-3D
  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
  • Home Page
  • About us
    • Aeon FLux cosa facciamo
    • What we do
  • Tokens
    • White Paper Aeon Flux Gold Plus
    • White Paper Aeon Flux Gold 100
    • White Paper Big Taurus CLUB
  • Our services
  • Our clients
  • Contact
When should you buy Bitcoin?
December 12, 2020
A Node is …?
December 12, 2020
Show all

Choosing Between Stop Losses and Mental Stop Losses In Cryptocurrency Trading

Published by Aeon Flux on December 12, 2020
Categories
  • News
Tags

Time and money are of the essenceYou must have known by now that the cryptocurrency market is extremely volatile. Prices can change in the blink of an eye and sensitive to headline news that any time a legacy entity of influence invests in digital assets, for example, expect a price movement. As in other exchanges such as the stock market or forex, you need a major amount of time to keep watch for what gains you, together with what cause you losses. As the market moves, you cannot but be involved emotionally with your decisions to your detriment especially when you lose discipline and get stuck with revenge trading. That is why the automated stop-loss mechanism was invented to save you precious time rather than looking at the charts all day and all night and release you from too much emotional involvement.But mind you, there are traders who are not into automated stop-loss, but instead, do mental stop losses. How is that? Well, with a little background check, they have been the veterans that they are in the trading field, and with their long years of experience dealing with stress and anxieties, they learned how to breathe with the market.Depending on your style and strategy, you may opt to use stop a stop loss rather sparingly as you move from trade to trade before even thinking of doing a mental one. But why not? You can try. Just be sure to invest with allowable funds you can afford to lose.Stop Loss is a Safety NetA stop loss is an order that you place at a specified price which will execute automatically once it reaches your buying or selling price point. If you opted for a long on a trade, you may place a sell stop loss below your buy-in price.…

Share
0
Aeon Flux
Aeon Flux

Related posts

November 12, 2021

The quest of STABLECOINS — The way of all stable crypto things


Read more
November 12, 2021

Fueled by Latest Inflation Figures, Bitcoin Jumps to a New All-time High


Read more
November 12, 2021

Will Positive Earnings Surprises Continue To Support Markets?


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Discover opportunity

  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
© 2022 Aeon Flux OU Harju maakond, Tallinn, Lasnamäe linnaosa, Lõõtsa tn 5, 11415- Cn° 16301206 -VAT N° EE102424021 - EMTAK code 46901 - Duns N° 686889151
.
All Rights Reserved.
Powered by IWG Web Agency
Privacy PolicyCookie Policy