Rch
@rch
Stop loss is a preset exit when price drops below your threshold. It helps protect downside and avoid emotional exits. as part of dogfooding @baseedge we keep running trades on the system to test the system and become better at using it too. On May 29, I entered $QR at $0.000019. Today, price dropped 10%, triggered stop loss, and I exited. Good right? Downside protected. Here is the catch though. A few hours later, it rebounded to entry levels. Illustrates the point of how just having the right tools isn't enough. having the right configuration is what makes them work. Interested to see how your trades would have worked out with these controls. Check out the mini-app @0xpuneet and I built for the Base Batch Buildathon. https://trade-simulator-rch1011.replit.app
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Mai Thanh Phap
@maithanhphap
Stop loss is essential in every trade. I hope your application launches soon.
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Rch
@rch
thank you my fren
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