$Bullish(BLSH.US)Why does it always drop when I buy and rise when I sell? After several rounds of trading, I lost more and more... Originally, my cost was 104 and it went up to 136. Here’s a reminder to everyone: be careful when setting sell orders to avoid pitfalls. I set a take-profit at 90 and a sell order at 130, but when it hit the take-profit, I was told my position was occupied (here’s a pitfall: if you set a stop-loss, don’t place additional buy or sell orders). I quickly went to adjust it. As everyone knows, the first wave of decline was rapid. I adjusted the take-profit to 85 (another pitfall: don’t choose market price, always choose limit price), but it sold at 80. Then it started rising quickly again. I couldn’t accept it because I knew such large fluctuations wouldn’t help me recover losses with other stocks. So I bought back in at 90, but it hovered around 94 without breaking through. It was already late, so I set a take-profit/stop-loss order and went to rest. Later, as everyone saw, it triggered the stop-loss and sold at 80. So I still ended up buying high and selling low. I was mainly afraid it would drop to around 50, so I set a stop-loss. I noticed many friends didn’t set stop-losses.

By the way, what do you think about this company? What should the reasonable stock price be? I only know it’s a crypto trading platform like $Coinbase(COIN.US).

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