It is important to learn a way to trap take profit, and at the same time, it is even more important to learn stop loss, because:


A 10% loss requires an 11.1% gain to break even.
Loss 20%, need to make a profit of 25%
Loss of 30%, need to profit 42.8%
Loss of 40%, need to make a profit of 66.6%
Loss of 50%, need to make a profit of 100%
Loss 60%, need to profit 150%
Loss of 70%, need to make a profit of 233.3%
Loss of 80%, need to make a profit of 400%
Loss of 90%, need to profit 900%
When you can make back your capital after a 50% loss, you actually have the ability to reverse the position. Let's encourage each other!
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