Module 03 · 8 min
Free
Stops & trailing
Mandatory short stops, trailing logic, tick/spread, and per-coin stops vs one global panic sell.
What you'll learn
- Why the stop must be short and mandatory
- How trailing stops ratchet
- Per-coin stops vs portfolio panic sell
A stop must be mandatory and as short as possible. Improvising around this rule is punished — usually with a blown deposit.
Stops, then trailing
- Use stop-limits (market, floating or fixed) plus a trailing stop.
- The trailing stop accounts for the speed of the drop and the tick/spread size. When price touches the trailing level the trade closes (sell in a long, buy in a short).
- If you enter and then set a stop, do it immediately, without hesitation.
- Use a separate stop per coin, not one global stop — otherwise a single dumped coin triggers a panic sell across the whole book.
Quick check
GOGA Academy is educational content, not financial advice. Lessons may reference strategies, market data, or paper scenarios, but they do not promise profit and do not execute paper or live orders.