Trading Quotes: Stop loss is like investment cost; you have to accept its existence. Execute the trading system, be able to afford losses, and hold on. No one is a perpetual winner; view temporary losses correctly. The most important thing in trading is execution. Cut losses and let profits run; there will always be a time to make big money. Trading System: Cycle: Only trade 1-hour cycles. Direction: Breakout pullback, support level, pinbar. Stop loss: Enter a Position with ATR 1.8 times stop loss. Take profit: 1.8 times ATR tracking take profit percentage. Principle: Do not increase the position on unrealized losses, do not widen stop loss, do not manually close the position. Entry signal: At least BTC 1-hour support level, or a significant pullback after breaking through the 200-day.
Trading Quotes: Stop loss is like investment cost; you have to accept its existence. Execute the trading system, be able to afford losses, and hold on. No one is a perpetual winner; view temporary losses correctly. The most important thing in trading is execution. Cut losses and let profits run; there will always be a time to make big money. Trading System: Cycle: Only trade 1-hour cycles. Direction: Breakout pullback, support level, pinbar. Stop loss: Enter a Position with ATR 1.8 times stop loss. Take profit: 1.8 times ATR tracking take profit percentage. Principle: Do not increase the position on unrealized losses, do not widen stop loss, do not manually close the position. Entry signal: At least BTC 1-hour support level, or a significant pullback after breaking through the 200-day.