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    Thread: What is the standard SL of BTC?

    1. #1 Collapse post
      AbdulShiek is offline
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      What is the standard SL of BTC?

      Just invested another sum of money, and don't want to lose so much. So, am planning to set SL near to the purchase price. Is it not risky?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Aya is offline
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      If you place it near the purchase price, then you are putting less risk on your investment in case the price drops too much.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Sendo12 is offline
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      Quote Originally Posted by Aya View Post
      If you place it near the purchase price, then you are putting less risk on your investment in case the price drops too much.
      But remember also that if you set the SL close to the purchase price, you might miss out the opportunity if it suddenly goes up. Sometimes the price goes down a little at first then strikes upward.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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