When to stop-loss and take profit?
I'm trying to figure out the best time to stop-loss and take profit in my investments. I want to maximize my returns but also minimize my risks, so I need to understand when is the optimal moment to make these decisions.
Can I set stop-loss and take profit at the same time?
I'm wondering if it's possible to set both a stop-loss and a take profit order simultaneously. I want to minimize my losses while also securing profits when they reach a certain point.
Can you set take profit on Coinbase?
I'm wondering if it's possible to set a take profit order on Coinbase. I want to automatically sell my coins when they reach a certain price to lock in profits.
Is it better to take profit or stop loss?
I'm trying to decide whether it's more beneficial to take profit early and avoid potential losses, or to stop loss and hope for a market turnaround. Which strategy is more effective in investing?
Can you set stop loss and take profit at the same time in Kraken?
I'm wondering if it's possible to simultaneously set a stop loss and a take profit order on Kraken. I want to limit my losses while also securing profits at a certain point.