Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Most stories of losses among crypto beginners are quite similar—holding onto hope during a sharp decline, until liquidation and zeroing out. In my opinion, setting a stop-loss is actually very simple: use a small, tolerable loss to protect your principal and create opportunities for a comeback.
Think about it—if your principal is 1, earning more zeros doesn't matter. But conversely, with that 1, adding more zeros later isn't an issue.
**Three rules that high-leverage traders must remember**
The higher the leverage, the stricter the stop-loss requirements—no exceptions. Low leverage can be tolerated at 3%-5%, medium leverage should be controlled within 1%-3%, and for high leverage trading, the stop-loss point must be ≤1%.
Stop-loss settings should be based on solid reasoning, not random. Use support and resistance levels to determine them, which helps avoid interference from short-term price spikes. The most important point: once you set a stop-loss, execute it immediately when triggered—don't try to adjust it temporarily. This is the best way to combat human weakness.
**Two methods for beginners to get started**
First, use the fixed percentage method—limit each trade's loss to 2%-3% of the total account. Second, base your stop-loss on support/resistance levels: for bullish positions, place the stop-loss below support; for bearish positions, above resistance.
There's also an often-overlooked point: dual-currency investments also need stop-loss protection. If the market moves beyond your expectations, close your position early. Signal groups usually provide real-time stop-loss suggestions—beginners should follow them. Staying alive is the first rule of trading.