Thursday, Sep 8th
Monday, Sep 12th

Identifying When to Buy and When to Sell

“Rule number one is never lose money. Rule number two is never forget rule number one.”

My minimum goal for every swing trade I enter is 10% profit. I don’t always set stop-losses or stop-limits, but when I do (overnight holds, plays against general market sentiment, large positions, etc.), 10% is my loss threshold, and I recommend those just starting out utilize the “10% Rule,” as I’ll call it, until gaining experience. The “10% Rule” will help minimize exposure and leverage until you become more comfortable with the heavy swings in the cryptosphere. If comfortable with . . .

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