Cryptocurrency Q&A What is the 7% stop loss rule?

What is the 7% stop loss rule?

CryptoTrader Mon Oct 07 2024 | 5 answers 1229

Could you please clarify what the 7% stop loss rule entails? Is it a commonly used strategy in cryptocurrency and finance? How does it work in practice? Does it help investors minimize potential losses? Are there any drawbacks or limitations to applying this rule? I'm interested in learning more about how this approach can be integrated into my investment strategy. What is the 7% stop loss rule?

What is the 7% stop loss rule?

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