Topic: Is stoploss worth it ? - page 3. (Read 839 times)
Stopping lost is sometimes are worth it because people who do way to cut their losses if the market really dump peopleare selling their coins but not mostly it is good because for sure market will get backa again the value and you will not get money because you stop your losses once you take a risk possible get mode money.
Trading without use stop loss is the same like bring your money to casino, and your money can be going to zero. The price of crypto is unpredictable with high fluctuacion, just like yesterday the price dumped just in afew minute, and we will loss alot of money if we did not stop loss and trailling stop.
- Accurately, risks and losses will not be a small number if we do not set a stop loss because as you said, this market is always a very high volatility, very fast and unpredictable, and when we don't keep up with the movements of the market, handling our situation is slow, the market will easily take away everything from us, a lot of people already understand this feeling when their only mistake is simply not setting up stop loss. Stop loss is very important, is as a close friend helps solve problems for us when we don't have time to care about the market, traders really need ityou didnt sell and thats the advantage specially for long term aspect trades.
Stop losses is useful but you should know on when it would really be needed to be used.
one of the things we all need to know is that the decrease in loss is a win.
we need to know that and need to do that.. decreasing your loss is such a great achievement.
we need to know that and need to do that.. decreasing your loss is such a great achievement.
Absolutely I would have a stoploss of 1% if your gain wanted is 2%. It will prevent you from losing more capital. Maybe you can put your gain at 5% and your stop at 2%.
We should have this kind of limit, whether you hold or trade. Stop loss limit can help you to prevent from a big loss. I usually have this kind of limit because I know it will be more worth it in a highly volatile market. Don’t be greedy and don’t take so much risk on holding, always think on how to save money than to lose it. 
Trading without use stop loss is the same like bring your money to casino, and your money can be going to zero. The price of crypto is unpredictable with high fluctuacion, just like yesterday the price dumped just in afew minute, and we will loss alot of money if we did not stop loss and trailling stop.
- Accurately, risks and losses will not be a small number if we do not set a stop loss because as you said, this market is always a very high volatility, very fast and unpredictable, and when we don't keep up with the movements of the market, handling our situation is slow, the market will easily take away everything from us, a lot of people already understand this feeling when their only mistake is simply not setting up stop loss. Stop loss is very important, is as a close friend helps solve problems for us when we don't have time to care about the market, traders really need it I have set the weekly target of 2% profit on the capital amount which is quite easy knowing that BTC swings about 2% on a daily basis and hence it would be an easy target to achieve.
I am achieving the target but as the recent dip was a big one, it took away all the profit I made. So is a stoploss worth a try so that such big dips don't take away the rest of the profit I make ? Should I consider placing a stoploss for such a small target ?
I think you are misunderstanding about stoploss. What you are saying is a sell order rather than a stoploss. stoploss is an order to help you sell at a lower price and guarantee your risk.I am achieving the target but as the recent dip was a big one, it took away all the profit I made. So is a stoploss worth a try so that such big dips don't take away the rest of the profit I make ? Should I consider placing a stoploss for such a small target ?
You should just put a stoploss and just place a sell order at the same time. It will make your investment safe.
It is always good to keep stoploss if you are not watching the market full time, as you have mentioned that recent fall of market has created lot of users loss due to all having long position. So it is always good to keep SL just like you are keeping 2% profit margin, so this way you can lose or earn 2% daily not have to lose high when market is down.
Absolutely I would have a stoploss of 1% if your gain wanted is 2%. It will prevent you from losing more capital. Maybe you can put your gain at 5% and your stop at 2%.
Trading without use stop loss is the same like bring your money to casino, and your money can be going to zero. The price of crypto is unpredictable with high fluctuacion, just like yesterday the price dumped just in afew minute, and we will loss alot of money if we did not stop loss and trailling stop.
Stop loss is should be to use for every trade because we can not guarantee each our analysis will be right, stop loss will be give advantages to cut the loss immediately from wrong trade so we can minimize the risk of trading. Trading without use stop loss is the same like gambling because the risk will be very high.
Yeah I think every trader must have a backup plan like stop loss, there's no way you can hold back for a period of time that you don't know right? and maybe the price can go down and continue to hurt you? then you should make plan for this.
Stop loss is should be to use for every trade because we can not guarantee each our analysis will be right, stop loss will be give advantages to cut the loss immediately from wrong trade so we can minimize the risk of trading. Trading without use stop loss is the same like gambling because the risk will be very high.
Yeah I think every trader must have a backup plan like stop loss, there's no way you can hold back for a period of time that you don't know right? and maybe the price can go down and continue to hurt you? then you should make plan for this.
Stop loss is should be to use for every trade because we can not guarantee each our analysis will be right, stop loss will be give advantages to cut the loss immediately from wrong trade so we can minimize the risk of trading. Trading without use stop loss is the same like gambling because the risk will be very high.
Yeah I think every trader must have a backup plan like stop loss, there's no way you can hold back for a period of time that you don't know right? and maybe the price can go down and continue to hurt you? then you should make plan for this.
Stop loss is should be to use for every trade because we can not guarantee each our analysis will be right, stop loss will be give advantages to cut the loss immediately from wrong trade so we can minimize the risk of trading. Trading without use stop loss is the same like gambling because the risk will be very high.
Yeah I think every trader must have a backup plan like stop loss, there's no way you can hold back for a period of time that you don't know right? and maybe the price can go down and continue to hurt you? then you should make plan for this.
Stop loss is should be to use for every trade because we can not guarantee each our analysis will be right, stop loss will be give advantages to cut the loss immediately from wrong trade so we can minimize the risk of trading. Trading without use stop loss is the same like gambling because the risk will be very high.
Yeah I think every trader must have a backup plan like stop loss, there's no way you can hold back for a period of time that you don't know right? and maybe the price can go down and continue to hurt you? then you should make plan for this.
Stop loss and trailling stop is should be to use for every trading activity. We have to use it in spot and leverage trading because in trading all our prediction sometimes will be wrong, and to cut the loss from wrong trade we should be cut it by use stop loss feature. Trading without stop loss is dangerous and will be more possibility our balance going to zero.
On trading you should know Stop-loss because it lessen our losses. If we are not comfortable qith price on the market it's better put an stop-loss order that will help us to stop loss funding. We can't avoid lossing because it's part of the trading world even professional traders feels that.
Yes, stop-loss is good to cut losses earlier but for crypto markets it is causing early exit with losses whereas we can be sure about market reversal also. I am in favor of not using stop-loss when you buy bitcoins but if you go for shorting then it is recommended to use it. Well stop-loss isn't really for investors and long term holders but daytraders know that it is essential to utilize this feature especially in a market like this. Hodlers wouldn't have to worry about short term crashes since they can afford to wait longer than other people and this feature may disrupt their plans by exiting early.
Alot of trader has been FOMO in the end of 2018 and they did not use stop loss so they been loss much money. No body know how high the price will going in bull market and when the price will reversal so use stop loss is must be in trading.
I always trade with stop loss,and it helps me in more ways than one really,losing is one thing no trader loves,but ironically it is one which is inevitable for any trader,so stop loss helps traders to at least make losses minimal and keeping it at a reasonable level.
Stop loss isn't always advantageous,but it offers more advantages than disads
Stop loss isn't always advantageous,but it offers more advantages than disads
One would actually never know the true importance of stoploss until you almost loose all your funds. I believe the feature which allows one to take profit is equally as important as the stop loss feature as it can definitely help us to avoid severe losses especially during crash dumps. That is not to say the stoploss feature doesn't have it's negative aspect just like all other trading features as it can prevent one from earning some profit in case of a subsequent rise in price. My true advise is for all traders to remain true to their instinct and avoid greed.
On trading you should know Stop-loss because it lessen our losses. If we are not comfortable qith price on the market it's better put an stop-loss order that will help us to stop loss funding. We can't avoid lossing because it's part of the trading world even professional traders feels that.
Yes, stop-loss is good to cut losses earlier but for crypto markets it is causing early exit with losses whereas we can be sure about market reversal also. I am in favor of not using stop-loss when you buy bitcoins but if you go for shorting then it is recommended to use it. Jump to: