Topic: Is Using a Stop loss "Good" or "Bad" - page 2. (Read 874 times)
It's feasible to put an alarm on the cost you'd set as a stop misfortune and check the energy as the cost stretches around there to check whether it breaks it. You need to figure out how to see where to set stop misfortune. You need to watch out for what occurs.
I have traded and analyzed several charts and I have come to a conclusion that trading with a stop loss is the easiest way to lose money and not a safety net because if your analysis is correct what happens most of the times is markets go for the stop losses which takes you out of the market and price turns to your predicted direction after the stop hunt which many consider as market manipulations.
So is using a stop loss good or bad?
Do we have traders that trade without them, if yes what's your win ratio using this strategy?
see it depends on you, because using a stop loss is the measure i find that will make to be safe in your trading industry, so the objectives of stop loss yields vitals techniques in trading because it act as a recovery agent in trading, but emphasising that it doesn't add any thing meaningful or makes you lose your trading, i will portray that it's base on your perception, because it's very obvious that using stop loss contributes immensely to alternative coins recovery via trading So is using a stop loss good or bad?
Do we have traders that trade without them, if yes what's your win ratio using this strategy?
This is the difference and I believe that if we are at that stage, we are going to definitely enjoy something close to this when talking about stop loss. Sometimes it is good to use it, sometimes you may not want to.
I know a guy who doesn't use Stop Loss, but is in the market all the time and he protects his Longs with Shorts with leverage, at least he uses 25% leverage when the market goes very against him, then he never goes out , but for me that is a lot of pressure, it is a way of always interacting with money but very risky.
I have traded and analyzed several charts and I have come to a conclusion that trading with a stop loss is the easiest way to lose money and not a safety net because if your analysis is correct what happens most of the times is markets go for the stop losses which takes you out of the market and price turns to your predicted direction after the stop hunt which many consider as market manipulations.
So is using a stop loss good or bad?
Do we have traders that trade without them, if yes what's your win ratio using this strategy?
sometimes there are times when we have to use Stop Loss to avoid deep losses but sometimes we have to be patient to wait for a higher price to get a profit.So is using a stop loss good or bad?
Do we have traders that trade without them, if yes what's your win ratio using this strategy?
maybe there is no definite answer for whether or not to use Stop loss because sometimes it is needed at certain times.
if using a stop loss the profit ratio that can be taken from other coins is uncertain, sometimes we will get more profits or even we will regret it.
I personally have done a stop loss because the coin I chose kept dropping in price but I didn't choose another coin, it was just to avoid big losses.
This is very needed for those traders that are into margin trading.
Or even in spot but the loss that it can contribute is big in the margin trading. If no stop loss has been made and you're on the opposite position then you'll definitely going to be liquidated.
On the spot, well, you can have more time to recover than it because there's a likely that you'll still get a chance to be back because it is the value that lost and there's no liquidation.
The margin trading stop loss is still a dangerous thing, not the stop loss itself but the margin trading is inherently a very difficult thing to achieve. Which means that you need to actually pull off something amazing by calculating at where you should leave to save how much and so forth. Since, it is also quick, even a slight drop and increase would mean that you would be losing your short position for example.Or even in spot but the loss that it can contribute is big in the margin trading. If no stop loss has been made and you're on the opposite position then you'll definitely going to be liquidated.
On the spot, well, you can have more time to recover than it because there's a likely that you'll still get a chance to be back because it is the value that lost and there's no liquidation.
This is why it is very hard to calculate and arrange that stop loss too. Spot trading is easier in comparison, I really do not like stop loss on spot unless I am invested into something that I really don't trust, but at least it would help you a bit more.
I have traded and analyzed several charts and I have come to a conclusion that trading with a stop loss is the easiest way to lose money and not a safety net because if your analysis is correct what happens most of the times is markets go for the stop losses which takes you out of the market and price turns to your predicted direction after the stop hunt which many consider as market manipulations.
So is using a stop loss good or bad?
Do we have traders that trade without them, if yes what's your win ratio using this strategy?
sometimes there are times when we have to use Stop Loss to avoid deep losses but sometimes we have to be patient to wait for a higher price to get a profit.So is using a stop loss good or bad?
Do we have traders that trade without them, if yes what's your win ratio using this strategy?
maybe there is no definite answer for whether or not to use Stop loss because sometimes it is needed at certain times.
if using a stop loss the profit ratio that can be taken from other coins is uncertain, sometimes we will get more profits or even we will regret it.
I personally have done a stop loss because the coin I chose kept dropping in price but I didn't choose another coin, it was just to avoid big losses.
Stoploss save me many times and I think it's very good for safe you from big lose. In 2021 when market down hardly I made Stoploss on all my trade before some days and It saves my 500$ or above. Stoploss is just a tool and its good or bad depend on how you manage it. If you make proper Stoploss on your trade then it will work otherwise its may prevent you from big Profit also
Yes, stop loss save from making losses but also prevent traders from making profit because it is not all trading that requires the use of stop loss. Therefore, I believe what every trading require is goals per each trade and if the goal of the trading is short it may require the use of stop-loss but if it's long there's no need to use stop losses.Some do really make use of it when they are actively seeing price movements or simply being with the monitor and watching your trades on long period of time but if you are someone
who do come once in a while then you wont really be needing such tool because even if you do lose or floating negative you could still make some recoveries if the
market would make out some u-turn.
Stoploss save me many times and I think it's very good for safe you from big lose. In 2021 when market down hardly I made Stoploss on all my trade before some days and It saves my 500$ or above. Stoploss is just a tool and its good or bad depend on how you manage it. If you make proper Stoploss on your trade then it will work otherwise its may prevent you from big Profit also
Yes, stop loss save from making losses but also prevent traders from making profit because it is not all trading that requires the use of stop loss. Therefore, I believe what every trading require is goals per each trade and if the goal of the trading is short it may require the use of stop-loss but if it's long there's no need to use stop losses. 
stop loss was obligation for each traders in any market, we often market move with high volatility and could up and down only in second. if we didnt set proper money management , maybe our balance could decrease alot only in short time. for balance wealth, stop loss was good thing and there is no reason avoid it.in twitter we often see data about long or sell liquidation , this is the simplest example how the effect while not using stop loss.
This is very needed for those traders that are into margin trading.Or even in spot but the loss that it can contribute is big in the margin trading. If no stop loss has been made and you're on the opposite position then you'll definitely going to be liquidated.
On the spot, well, you can have more time to recover than it because there's a likely that you'll still get a chance to be back because it is the value that lost and there's no liquidation.
Stoploss save me many times and I think it's very good for safe you from big lose. In 2021 when market down hardly I made Stoploss on all my trade before some days and It saves my 500$ or above. Stoploss is just a tool and its good or bad depend on how you manage it. If you make proper Stoploss on your trade then it will work otherwise its may prevent you from big Profit also
stop loss was obligation for each traders in any market, we often market move with high volatility and could up and down only in second. if we didnt set proper money management , maybe our balance could decrease alot only in short time. for balance wealth, stop loss was good thing and there is no reason avoid it.in twitter we often see data about long or sell liquidation , this is the simplest example how the effect while not using stop loss.
as far as I understand if we use a stop loss and want a big profit then we have to look at a bigger time frame as well. it means that our stop loss placement will be further away with the profit target going further as well. actually using a stop loss or not, this is not required, the most important thing is that the trader can understand and take care of himself to remain disciplined in his analysis
This would allow you to actually arrange your stop loss to a point where it is generally going down and going up, you will see that it goes down to a level and bounces after that price, if it goes under that then it would be a new thing and it could mean risk, but it stays above that then it could bounce back.Famously, we could talk about 38k right now, if it goes under that, we haven't been under 38k in a long time but we are close right now, which means if you put a stop loss to under 38k, then it is either going to go down to 38k at worse and jump higher from there and you wouldn't hit that stop loss, or it will go under and maybe reach like 33k at which point that 37.5k stop loss would help you.
I agree with people on how you use it will change the good or bad. I mean it is clear decision, and clear answer if you ask me.
It is obvious that if you think that it will do well, and if you arrange it in a way that it is right slightly below the wall, then you will get out before a big crash comes out, but if you arrange it a bit above, then it will bounce back from there and you will lose money. That is why where you put your stop loss matters a ton, for example I wouldn't mind putting it at 37999, because if we go down to 38k there is still a chance, but if we go down under 38k then I can see it go down all the way to 33k range, that is how you decide how to use stop loss.
It is obvious that if you think that it will do well, and if you arrange it in a way that it is right slightly below the wall, then you will get out before a big crash comes out, but if you arrange it a bit above, then it will bounce back from there and you will lose money. That is why where you put your stop loss matters a ton, for example I wouldn't mind putting it at 37999, because if we go down to 38k there is still a chance, but if we go down under 38k then I can see it go down all the way to 33k range, that is how you decide how to use stop loss.
More on how you understand the tools, if you know how to use it as an advantage you can generate a decent amount of profits.
The directions rely on how you maximize the use of this feature, else, just do the usual trade and wait till your position has been fulfilled.
More on self-decision making, if you think it will benefit you or if you think that it turned against you, best to set it up and wait for the
outcome that you are anticipating to take place. Keep in mind that your decision will be the basis of your success, risky but helpful if
you fully maximize this tool.
I agree with people on how you use it will change the good or bad. I mean it is clear decision, and clear answer if you ask me.
It is obvious that if you think that it will do well, and if you arrange it in a way that it is right slightly below the wall, then you will get out before a big crash comes out, but if you arrange it a bit above, then it will bounce back from there and you will lose money. That is why where you put your stop loss matters a ton, for example I wouldn't mind putting it at 37999, because if we go down to 38k there is still a chance, but if we go down under 38k then I can see it go down all the way to 33k range, that is how you decide how to use stop loss.
It is obvious that if you think that it will do well, and if you arrange it in a way that it is right slightly below the wall, then you will get out before a big crash comes out, but if you arrange it a bit above, then it will bounce back from there and you will lose money. That is why where you put your stop loss matters a ton, for example I wouldn't mind putting it at 37999, because if we go down to 38k there is still a chance, but if we go down under 38k then I can see it go down all the way to 33k range, that is how you decide how to use stop loss.
Using a stop loss or stop limit is very essential to me. Two month ago, I don’t know about the stop loss. Now I always use stop loss and don't waste money. When the market is below, I buy coin and use stop loss. Then I make profit or loss a little amount of money. So, it is very useful and helpful to me.
Actually when market starts dumping hard and any big breakdown happens then market can be crashed.So at that time you can have a big loss.So it's good to use stop loss because we know that crypto market is uncertain.
If you do get yourself involved with future or leverage kind of trade then you could really make use of SL's which might save yourself on being liquidated but we know that making immediate action isnt somethingthat someone could able to do in a fast manner.Yes, it does require some skills and experience on doing so.Also, making use of these tools will vary on how you do make trades neither active or long term ones.
You would be finding it to be relevant once you do really tend to make it use for yourself and find out if its that useful or not really necessary.
Actually when market starts dumping hard and any big breakdown happens then market can be crashed.So at that time you can have a big loss.So it's good to use stop loss because we know that crypto market is uncertain.
It's actually a safety net if you are using it right since it can save you a lot of money, maybe you are just unlucky that after hitting your stop loss the price would go to your prediction but for me I think it is good and it is better to use it rather than leaving some trades open without stop loss.
Stop loss is very helpful in reducing risk in any trade, I got liquidated twice having forgot to place a Stop Loss after I slept off and later woke up by Binance by liquidation message, thereafter I learnt my lesson of how important a Stop Loss Is in a losing trade by helping to reduce a massive loss of portfolio, though the technicality of where to place a Stop Loss is a big challenge because of high volatility in the price of cryptocurrencies, a winning trade can reverse and trigger a Stop Loss before trending back thus resulting to a loss, a trader requires expertise in placing a Stop Loss. It's actually good. When you're away and you don't expect the market to plummet and you should stop further loss then it's the one that will do it for you automatically.
Those traders that don't use that feature, might haven't heard about it and likely are new traders. But eventually, they'll get to learn about it because that's a big help whenever you're trading and when the market has been bloody again which we're not expecting to happen at this moment.
If you have come with that analysis that stop loss is the quickest way to lose money, I can't understand how it's like that for you.
This strategy is good for trades executed in ones absence. It can save trades from heavy losses. But stop losses can be very dangerous just the same way it saves trades. For future trades that happen to play with emotions just to instill fear in the traders minds stop losses Just triggers stop loss then switch direction. Those traders that don't use that feature, might haven't heard about it and likely are new traders. But eventually, they'll get to learn about it because that's a big help whenever you're trading and when the market has been bloody again which we're not expecting to happen at this moment.
If you have come with that analysis that stop loss is the quickest way to lose money, I can't understand how it's like that for you.
If you are using a trading Stop loss and Taking profit is one of the most basic things in the fundamentals of trading some people do not commit stop loss because they are willingly taking some risk to get more profit but of course the higher the loss too, But for me having this you make your self more responsible to every trade you want to do still its personal preferences and risk management. The purpose of the technical indicator is a guide you to put a SL and TP
But, are there any thing that traders want other than profit? I know, maybe they only want is to trade their coin for another coin but still, in the end, they are going to sell it for profit. According to your explanation, using stop loss is bad for those who want to earn more profit but it is good for those who want to cut the risk while earning lesser profits.There are those that are willing to take huge risk but it doesn't mean that they are not responsible on what they are doing, it's just they are more wealthier than us while there are some that only risk small but they are the ones that are usually not responsible. They better correct that habit.
In my personal opinion, right now it is very difficult for me to determine what could happen to the market, I don't know if it will go up, I don't know if it will go down, and it is not because I don't analyze it well, but rather because I have learned that recently in the world there have been many fundamental events that put pressure on the market, and those world events move fibers, that is, panics, emotions, and certain things that are very sensitive, investors are people like any other, they have empcions and sometimes it is easier to secure your money in gold or in any other asset than BTC itself, and that is why I think things should be taken calmly, without rushing and not gambling with trading.
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