Witnessed quite a swing with $BFS today. The token plummeted to 3.5 million in market cap before swiftly rebounding back to 13 million—a sharp movement that caught many off guard.
My trailing stop loss executed at the bottom, which is exactly what it's designed to do. Sometimes you get shaken out early, but that's how you manage risk in volatile markets.
Here's the real takeaway: when you're holding a position from early entry and the candle wicks start expanding dramatically, that's your signal to tighten your trailing stop loss. Bigger price swings demand tighter protection. It keeps your capital safe when volatility spikes. Not perfect timing every time, but it beats holding through a 70% drawdown.
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WalletManager
· 9h ago
The fact that your stop-loss was executed so decisively indicates that your risk coefficient is set quite thoughtfully. However, with this rebound from 3.5 to 13, those who haven't been shaken out are now laughing a bit absurdly... That's why I keep saying that on-chain monitoring must keep up; when volatility increases, you need to adjust your positions to protect your levels.
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ETH_Maxi_Taxi
· 9h ago
Ha, getting kicked out is really uncomfortable, but that's the price of risk management.
Everyone wants to catch the rebound, but instead they get stopped out and lose, this round is indeed a loss.
When candlesticks are wildly fluctuating, you should tighten your stop-loss; otherwise, a sudden drop could wipe you out.
The fate of contract traders—either die early or wait for the liquidation day.
It's easier to just go all in on ETH for peace of mind...
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ForumLurker
· 9h ago
Stop-loss, and you're out in an instant—that's the fate of retail investors.
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MeltdownSurvivalist
· 9h ago
Trailing stop really saves lives; otherwise, today I would have faced a 70% loss.
Witnessed quite a swing with $BFS today. The token plummeted to 3.5 million in market cap before swiftly rebounding back to 13 million—a sharp movement that caught many off guard.
My trailing stop loss executed at the bottom, which is exactly what it's designed to do. Sometimes you get shaken out early, but that's how you manage risk in volatile markets.
Here's the real takeaway: when you're holding a position from early entry and the candle wicks start expanding dramatically, that's your signal to tighten your trailing stop loss. Bigger price swings demand tighter protection. It keeps your capital safe when volatility spikes. Not perfect timing every time, but it beats holding through a 70% drawdown.