Topic 5565584
Whatever you might be trading, bitcoin or memecoins, when the market spikes take it as a sign to leave not to enter the market. That should be the time where you know you have an edge over other traders because you were able to take advantage of when the market spiked. You were exactly where you were supposed to be. That is before the spike not after it.

Remember, Early birds get the worms.
Is this how you trade or the rules of trading?
Market should spike in which direction? market don't just spike without something being responsible for its spike up or down.
Market reacts to news events, either because tariffs, interest rates, and institutional activity, the market makers etc.
Firstly, you have to know the reason for the spike in the price is first, and you shouldn't be afraid or get worried when you have your stop orders or TPs in place.