Dotson SingerDec 18, 2021 · 3 years ago4 answers Which is more effective for minimizing losses in cryptocurrency trading: trailing stop loss or limit orders?
When it comes to minimizing losses in cryptocurrency trading, which strategy is more effective: trailing stop loss or limit orders? I want to understand the pros and cons of each approach and determine which one would be better suited for my trading style. Can you provide insights on how these two strategies work and their potential impact on minimizing losses?