/biz/ - Business & Finance

>>2815849
you cannot fall into that trap.

You need to recognize the two phases of the market, on a wide scale.

the run up, and the run down.

On the run, there are clear bottom points for the trend. You obviously cannot see where the trend is when it just starts, but after 2-3 dips, you should have a clear picture of the market.

Stop losses just under/above the line, depending on long or short. The moment that wide scale trend is broken, you cannot "hodl" like a faggot anymore.

In my picture siacoin is an example, very obvious uptrend line, very obvious down trend line break.

Every false rally on the way down NEVER made it back up to the previous plateau. You never got the chance to just break even. So yes, use stop losses, but you need TA to place them or you're just a guessing retard.