A closing candle today below 57,325 would certainly push the price to 55,500 range and or below 😬 👇....
Stop losses...our lifesavers, they are there for a reason, for noobs, Make sure you put your stop losses with enough room to be executed otherwise they will just be passed right on up as if you never even had one placed!
ie.
If avax was trading at $22 and a free fall were to happen you would want your stop loss to be at least 20 bucks there's a $2 range there to make sure it gets executed... If you put the stop loss at 21.80 and a free fall happens it may get passed up. Or not filled...
Stop losses...our lifesavers, they are there for a reason, for noobs, Make sure you put your stop losses with enough room to be executed otherwise they will just be passed right on up as if you never even had one placed!
ie.
If avax was trading at $22 and a free fall were to happen you would want your stop loss to be at least 20 bucks there's a $2 range there to make sure it gets executed... If you put the stop loss at 21.80 and a free fall happens it may get passed up. Or not filled...
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