A moment ago, we covered how to identify the Stop Loss when the trend is upward… if you haven’t read it yet, that’s VERY BAD… you’re missing out on important educational posts, something rare to find on SQUARE. That’s why it’s worth knowing what to do next—because with just one click, you could change your trajectory and start leveling up your knowledge!
Now, let’s dive into how to approach SHORT positions and correctly visualize the SL. Keep in mind that what we do before starting trading operations is a PROJECTION. Since we’re dealing with futures contracts, it’s crucial to be cautious with leverage, timing, and safety orders to set a tolerance level. Think of the Stop Loss as your seatbelt—it could save your life in case of an accident.
If you have any questions, feel free to reach out for a chat!