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RE: Litecoin LTC - Bitfinex Automatic Stop Buy with limit sells
Some pros advocate not using a Stop Loss in Forex trading. Any reason to not use Stop Loss in Crypto trading?
Some pros advocate not using a Stop Loss in Forex trading. Any reason to not use Stop Loss in Crypto trading?
Sometimes the stop loss is triggered just as the currency is about to climb. Also stop losses can be triggered by relatively low volume and can cause cascading stop losses. See for example the dip in OMGUSD on the 29th of nov last year. It's often best to set alarms.