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How to protect your Stop Loss during rapid trend reversal
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How many times have you seen a price rally just after your Stop Loss triggered and closed your position?
This is how large players, aka Whales, shake weak hands and panic sellers. They buy low just before a trend reversal while sellers are too scared to jump back in the market.
As this happens frequently, we developed another tool to protect your trades – The Stop Loss Timeout setting.
How Stop-Loss Timeout Works
The Stop Loss Time-Out function is available in both Bots and Smart trade:
While some traders lose, others gain when whales shake weak hands and clean Stop Losses, especially around major Fibonacci levels