Quote Originally Posted by Alexthedefender04 View Post
cutting the losses compared to doubling the profits has one big advantage - it decreases the risk of ruin, which for us, traders with finite account balance, is something we should look to avoid.
Hmmm.. I prefer both. Cutting losses to half is one of the difficult things to do due to the unpredictability of the crypto market. Doubling profit isn't easy because there are many things to consider. We cannot control our emotions and foresee the daily news, and other factors that could trigger the sudden movement of the trading instruments.