Topic: Stop-lose any recommend? (Read 575 times)
If you invest in a project you believe in you shouldn't care as eventually it will recover and even profit, now if you on a shitproject or artificial market you fucked, you never know what you dealing with.
Hey guys
I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose , but th
ere is another worry that without setting it market may blow your account suddenly , i use 1:10 leverage . I'll appreciate if you guys guide me how i run it .. Thanks
There is nothing wrong with stop-loss, you’re the one that’s doing that to yourself. If you set your stop loss properly this wouldn’t be a problem.I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose , but th
ere is another worry that without setting it market may blow your account suddenly , i use 1:10 leverage . I'll appreciate if you guys guide me how i run it .. Thanks
Stop-loss is a tool that was created to lessen your losses, and that’s what the tool is doing for you and I don’t see why you should be complaining; you put up your settings and the tool worked according to your settings and stopped your loss when the market dropped to that range, it’s up to you to start up the trade again, you know very well that the cryptocurrency market is very volatile and it can move to any direction in any minute, so don’t set your stop-loss and leave it there for a whole day without checking things out. Even if you are making use of a trade bot you still have to be checking it out.
I have the same experience with OP before but I got myself familiar with it and learn how to properly use it.This feature saved me a couple of times and I am glad that I can confidently use it today. It's just better that there are stop loss feature.
Hey guys
I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose , but th
ere is another worry that without setting it market may blow your account suddenly , i use 1:10 leverage . I'll appreciate if you guys guide me how i run it .. Thanks
There is nothing wrong with stop-loss, you’re the one that’s doing that to yourself. If you set your stop loss properly this wouldn’t be a problem.I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose , but th
ere is another worry that without setting it market may blow your account suddenly , i use 1:10 leverage . I'll appreciate if you guys guide me how i run it .. Thanks
Stop-loss is a tool that was created to lessen your losses, and that’s what the tool is doing for you and I don’t see why you should be complaining; you put up your settings and the tool worked according to your settings and stopped your loss when the market dropped to that range, it’s up to you to start up the trade again, you know very well that the cryptocurrency market is very volatile and it can move to any direction in any minute, so don’t set your stop-loss and leave it there for a whole day without checking things out. Even if you are making use of a trade bot you still have to be checking it out.
Hey guys
I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose , but th
ere is another worry that without setting it market may blow your account suddenly , i use 1:10 leverage . I'll appreciate if you guys guide me how i run it .. Thanks
There is nothing wrong with stop-loss, you’re the one that’s doing that to yourself. If you set your stop loss properly this wouldn’t be a problem.I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose , but th
ere is another worry that without setting it market may blow your account suddenly , i use 1:10 leverage . I'll appreciate if you guys guide me how i run it .. Thanks
Stop-loss is a tool that was created to lessen your losses, and that’s what the tool is doing for you and I don’t see why you should be complaining; you put up your settings and the tool worked according to your settings and stopped your loss when the market dropped to that range, it’s up to you to start up the trade again, you know very well that the cryptocurrency market is very volatile and it can move to any direction in any minute, so don’t set your stop-loss and leave it there for a whole day without checking things out. Even if you are making use of a trade bot you still have to be checking it out.
I think the OP is finding it difficult where to place a stop loss, a stop should be placed well above resistance zone when selling and well below support zone, cryptocurrencies are very volatile and move with momentum stop loss can easily be hit if not place far above or below those zones, some forum members discouraged the use of stop loss which I totally disagreed, money management will take care of the risk and reward ratio and ability to screen potential trades that really worth a good risk to reward is so important, truly a 4% to 8% isn't bad with compounding and consistent profits its gonna be huge amount in the long run.
Those that do not use a stop loss are just asking for trouble, a stop loss is without a doubt one of the most important components of a strategy, why? Because it is going to save you from the bad trades that you make, anyone that thinks that he's going to be able to predict the market with a 100% accuracy doesn't really know what he's doing and his expectations are out of line.We are going to make mistakes when we trade, we are going to be unable to read the market correctly all the time so we need to have something that save us when we make those mistakes and a stop loss is the only way to do this, and this is even more true when you are using leverage because any movement in the market could be enough to destroy your capital in a matter of minutes if you're not careful.
I think after recording some profit then some part should be removed from the real money so that i can overcome the loss in future. Suppose later when the market goes down then i can easily make up for the previous loss. I had a record high loss in my first trading session and reduced it a lot later but i am not yet ready to make a full loss.
It is really pathetic to hear your story. By record loss means, have lost all your capital on your first trade itself? I understand that you had gone for 2 mistakes on your first trading itself. Firstly, you should not go for all with your capital in your very first trade itself. Probably you must have risked only 10% of the capital when you start you were starting your trade. This way even you lose at your first trade, you will have remaining 90% of capital which can be used your lost 10% capital with further trades.Secondly, you must have had stop loss levels for the scenario of if market reacts against your prediction.
When you are trading with stoploss, you may risk all your 100% capital because you can stop your losses before you will be losing all 100% of your capital. It means trading without stoploss and risking all 100% capital will definitely make us frustrated at the end of the day as market never works as per our expectations.
I think after recording some profit then some part should be removed from the real money so that i can overcome the loss in future. Suppose later when the market goes down then i can easily make up for the previous loss. I had a record high loss in my first trading session and reduced it a lot later but i am not yet ready to make a full loss.
Obviously, the OP puts a small stop loss to reduce its losses in case the price goes against it. I also made this mistake at the very beginning of my acquaintance with trading. Obviously, the OP should reconsider this tactic and put a stop loss for the resistance or support level.
If you go for a random stoploss based on the calculations of how much losses you are bearable then definitely you will burn your fingers.Yes, your stoploss levels should be technical based. It means you should apply stoploss levels which are below the support level so that market may test the support level and then turn back. Similarly, you must put your targets at/below resistance levels so that market will reach your target levels. If you go greedy on setting a target levels then market may come back and may test stoploss levels.
This must be a kind of mistake, all the people might be doing in the beginning days of trading. Because in the beginning days, we are not having enough maturity to control our fear of loss and greediness for more profits.
Hey guys
I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose , but th
ere is another worry that without setting it market may blow your account suddenly , i use 1:10 leverage . I'll appreciate if you guys guide me how i run it .. Thanks
I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose , but th
ere is another worry that without setting it market may blow your account suddenly , i use 1:10 leverage . I'll appreciate if you guys guide me how i run it .. Thanks
Try to change your analysis, if you know that the Stop always jumps it is because you do not have a sufficient tolerance range , perhaps if you try to do an analysis for a longer period of time you can have more clarity, remember that volatility is greater when it is at minor temporality, it is extremely brutal.
Obviously, the OP puts a small stop loss to reduce its losses in case the price goes against it. I also made this mistake at the very beginning of my acquaintance with trading. Obviously, the OP should reconsider this tactic and put a stop loss for the resistance or support level.
Hey guys
I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose , but th
ere is another worry that without setting it market may blow your account suddenly , i use 1:10 leverage . I'll appreciate if you guys guide me how i run it .. Thanks
If you do lose 95% of your trades then why not stop on using it? Its just dumb for you to continue if you do know that it isnt really effective for you but since you do mention about 1:10 leverage then it would I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose , but th
ere is another worry that without setting it market may blow your account suddenly , i use 1:10 leverage . I'll appreciate if you guys guide me how i run it .. Thanks
be completely different when you do trade up on spot. Price swings can really trigger out your SL depending on how deep you had set it out.Its just a matter of trial and error if you do really oppose on using up SL's
no matter what then try for it to be more shallow and see if it can easily be eaten up by price movement.If not then you set it on default percentage but in most cases when you do trade up actively, im not really
needing much of stop losses.
If you put it "well" below the support level you are going to lose money by the bunches, if you want to use resistance and support levels you should be doing it above the support level and below the resistance level. That way if the support is broken and goes down you are buying above the support level so you could just wait it out and doing better than the people who bought above and just takes time and if the price continues go beyond the resistance level they would be basically doing much better but you would be doing fine as well.
So, I would say the less riskier way is to do it slightly over support level and under resistance level, it is the least riskiest way to do it and also quicker compared to other methods using it as well even though it is not as high action as day traders and leverage traders.
So, I would say the less riskier way is to do it slightly over support level and under resistance level, it is the least riskiest way to do it and also quicker compared to other methods using it as well even though it is not as high action as day traders and leverage traders.
In trading every people face profit and lose. If we target about low profit, I think it is possible to avoid lose on trading. Otherwise it will affect on our main capital.
Don't try to make huge profit in a single trading. Try to earn 4-8% for every single trade. Hopefully after some trade, you are able to cut good profit and able to skip loses from it.
A level of maturity is required for traders not to think about huge profits in single trading 
.I agree 4% to 8% profits must be a good target for anyone in crypto trading; any trader will agree this but will not be ready to limit the number of trades per day. When you are having more number of trades per day will again lead to huge mess up.
In my experience, stop loss is a more mandatory thing but it should be obtained from technical analysis. When you're entering a position in trading, you also must be having a clear idea on where to exit regardless of market will be reacting as per your expectation or not. When you are targeting 4% to 8% profits then you should be ready to exit at the losses of 4% to 8% in average.
Stop loss is not a bad feature and it is really used to minimize your lost. You must have used it wrongly. My advice for you is to stop trading for awhile and try to learn all these trading features and how to use them. If you want to start all over, make sure you start by using demo account to put what you have learn into practice. I do daily trading and anytime I wont be able to follow my trading, I make sure I do not place any active trading unless you pan to use stop loss
Don't try to make huge profit in a single trading. Try to earn 4-8% for every single trade. Hopefully after some trade, you are able to cut good profit and able to skip loses from it.
A level of maturity is required for traders not to think about huge profits in single trading .I agree 4% to 8% profits must be a good target for anyone in crypto trading; any trader will agree this but will not be ready to limit the number of trades per day. When you are having more number of trades per day will again lead to huge mess up.
In my experience, stop loss is a more mandatory thing but it should be obtained from technical analysis. When you're entering a position in trading, you also must be having a clear idea on where to exit regardless of market will be reacting as per your expectation or not. When you are targeting 4% to 8% profits then you should be ready to exit at the losses of 4% to 8% in average.
I agree 4% to 8% profits must be a good target for anyone in crypto trading; any trader will agree this but will not be ready to limit the number of trades per day. When you are having more number of trades per day will again lead to huge mess up.
In my experience, stop loss is a more mandatory thing but it should be obtained from technical analysis. When you're entering a position in trading, you also must be having a clear idea on where to exit regardless of market will be reacting as per your expectation or not. When you are targeting 4% to 8% profits then you should be ready to exit at the losses of 4% to 8% in average.
I will not even say that 4% to 8% is bad, that is a big number to make from a single trade, I would say if you remove all the trading fee's involved, if you made over %2 profit in a single trade that is a good enough profit for you. I used to use a bot that hat a strategy that allowed you to make a profit no matter what, it didn't even care about how much it was, it didn't care if it was just 1 satoshi profit that you made, as long as it made a profit it was valid.In my experience, stop loss is a more mandatory thing but it should be obtained from technical analysis. When you're entering a position in trading, you also must be having a clear idea on where to exit regardless of market will be reacting as per your expectation or not. When you are targeting 4% to 8% profits then you should be ready to exit at the losses of 4% to 8% in average.
Obviously it removed all the trading fee's from the calculation so that you could make a profit, otherwise if you sell 1 satoshi above but pay 500 satoshi fee that is a 499 loss, that is why it had to profit 501 in order to make a 1 profit so it put fee into the math as well. I made a decent profit from it until market was bear, then it became very very bad.
Don't try to make huge profit in a single trading. Try to earn 4-8% for every single trade. Hopefully after some trade, you are able to cut good profit and able to skip loses from it.
A level of maturity is required for traders not to think about huge profits in single trading .I agree 4% to 8% profits must be a good target for anyone in crypto trading; any trader will agree this but will not be ready to limit the number of trades per day. When you are having more number of trades per day will again lead to huge mess up.
In my experience, stop loss is a more mandatory thing but it should be obtained from technical analysis. When you're entering a position in trading, you also must be having a clear idea on where to exit regardless of market will be reacting as per your expectation or not. When you are targeting 4% to 8% profits then you should be ready to exit at the losses of 4% to 8% in average.
Don't try to make huge profit in a single trading. Try to earn 4-8% for every single trade. Hopefully after some trade, you are able to cut good profit and able to skip loses from it.
I have gone through all the comments that are here, and I’m happy they have taken their time to explain to you how the stop-loss tool works and how you can make use of it perfectly. I’d like to add something else to this: if you’re making use of these tools, they are not sure means to be hitting that bag of profit all the time, they don’t guarantee that. It’s just like people who think that making use of bots will mean that they are not going to lose, but will just be making steady profit.
People misunderstand these tools, they are just there to ease you from the stress you will have to be going through. Stop loss was created to help cut your loss, and that’s why it’s called ‘STOP-LOSS’ and not ‘MAKE-PROFIT’. So, it’s up to you to make use of it properly.
People misunderstand these tools, they are just there to ease you from the stress you will have to be going through. Stop loss was created to help cut your loss, and that’s why it’s called ‘STOP-LOSS’ and not ‘MAKE-PROFIT’. So, it’s up to you to make use of it properly.
Your losses are not the result of using a stop-loss, because the stop-loss feature is mandatory for crypto trading.
Where the crypto price is very volatile, without using a stop-loss will put your capital at risk. There may be something
wrong in setting the stop-loss, and my advice is better trading without leverage. Since BTC / USD trading is very risky,
trade safely without leverage is a wise choice in my opinion.
Where the crypto price is very volatile, without using a stop-loss will put your capital at risk. There may be something
wrong in setting the stop-loss, and my advice is better trading without leverage. Since BTC / USD trading is very risky,
trade safely without leverage is a wise choice in my opinion.
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