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Topic: Stop-lose any recommend? - page 3. (Read 556 times)

sr. member
Activity: 1414
Merit: 271
bitonator.tangled.com/join
August 07, 2020, 02:04:28 PM
#25
I find 1:10 leverage a little too much. Maybe I'm old-fashioned, but I don't want to take that risk. My motto is: slower and safer is better than fast and risky.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 07, 2020, 08:14:40 AM
#24
Thank you all ,  i think to decrease leverage to 1:5 and setting stop-losses wider ,  see what happen .. btc/usd is very risky at trading  Lips sealed


OR, just simply HODL, and buy golden-dip opportunities. Don't waste your time trading, and losing 90% of the time to the whalecumulators. Be part of the strong hands who want to HODL more Bitcoin, not fiat.

At least, I agree with this because you don't have to sell in a short time after bitcoin price increases for a small price. You can hold as @Wind_FURY say, so you can have a chance to make a bigger profit. But you need to realize that there is a risk behind hold because you don't know what will happen with the bitcoin price in the next moment. But that is worth trying, and especially we see that the bitcoin price movements now is at the bullish trend so that the price can increase more in the next day. But yes, trading BTC/USD is too risky, and we need to manage our emotions and have better skills to analyze.
full member
Activity: 374
Merit: 101
I am a student
August 07, 2020, 07:21:01 AM
#23
I don't believe 95% of the losses you experience are due to using stop-losses, I am sure there is something wrong with
your trading method. Since stop-losses are an important feature to use when trading, setting a stop-loss more wider may
be of little help. If you trade BTC / USD, don't use the capital you have at the same time, but buy BTC gradually. Then
every Bitcoin price down can buy it again, then when the price of a Bitcoin pump will produce a double profit.


 I win 80% of my trades and lose 20% ,  but problem is that 20% because amount of lost covers all my wins :-( it shows my prediction is correct 80% of time but i have think about control my losses and not let it go high ,  if i close early i lose more times and if i wide it so less orders will be loss but much😱 volume
sr. member
Activity: 1876
Merit: 318
August 07, 2020, 06:46:43 AM
#22
I don't believe 95% of the losses you experience are due to using stop-losses, I am sure there is something wrong with
your trading method. Since stop-losses are an important feature to use when trading, setting a stop-loss more wider may
be of little help. If you trade BTC / USD, don't use the capital you have at the same time, but buy BTC gradually. Then
every Bitcoin price down can buy it again, then when the price of a Bitcoin pump will produce a double profit.
full member
Activity: 374
Merit: 101
I am a student
August 07, 2020, 05:46:48 AM
#21
Thank you all ,  i think to decrease leverage to 1:5 and setting stop-losses wider ,  see what happen .. btc/usd is very risky at trading  Lips sealed
You can't set it blindly though. At least use some basic TA to set it. Simply putting it wider than your usual risk tolerance is not a good idea. I suggest you to practice with demo account or something like that to build an intuition around the ratio that suit you the most.


How is using ATR for stop-lose wide (special daily one)
hero member
Activity: 2660
Merit: 551
August 07, 2020, 05:39:38 AM
#20
Thank you all ,  i think to decrease leverage to 1:5 and setting stop-losses wider ,  see what happen .. btc/usd is very risky at trading  Lips sealed


OR, just simply HODL, and buy golden-dip opportunities. Don't waste your time trading, and losing 90% of the time to the whalecumulators. Be part of the strong hands who want to HODL more Bitcoin, not fiat.

This one, you can't be wrong with simply HODLing, there's nothing wrong with trading, but it seems that you need to learn a lot. So instead of suffering a lost, why not accumulate overtime, but in dips and see how it goes. 90% losing your capital is already big, and you are really getting REKT.
legendary
Activity: 2170
Merit: 1789
August 07, 2020, 05:37:26 AM
#19
Thank you all ,  i think to decrease leverage to 1:5 and setting stop-losses wider ,  see what happen .. btc/usd is very risky at trading  Lips sealed
You can't set it blindly though. At least use some basic TA to set it. Simply putting it wider than your usual risk tolerance is not a good idea. I suggest you to practice with demo account or something like that to build an intuition around the ratio that suit you the most.
legendary
Activity: 2898
Merit: 1823
August 07, 2020, 04:19:18 AM
#18
Thank you all ,  i think to decrease leverage to 1:5 and setting stop-losses wider ,  see what happen .. btc/usd is very risky at trading  Lips sealed


OR, just simply HODL, and buy golden-dip opportunities. Don't waste your time trading, and losing 90% of the time to the whalecumulators. Be part of the strong hands who want to HODL more Bitcoin, not fiat.
full member
Activity: 374
Merit: 101
I am a student
August 07, 2020, 02:03:52 AM
#17
Thank you all ,  i think to decrease leverage to 1:5 and setting stop-losses wider ,  see what happen .. btc/usd is very risky at trading  Lips sealed
legendary
Activity: 2338
Merit: 1354
August 06, 2020, 09:13:26 PM
#16
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 think about it if you don't put stop-loss, you can liquidate easily.
I think this is also depends on your risk:reward ratio and on the market especially if there is a huge volatility, there's a lot of traders that are being stop-loss hunt, there are some time that there's a lot of wicks in candle, so probably lot of trader's stop loss are being triggered.
It's ok than being liquidated, think about it. Just always remember that there will be more better trade comings and not all the times there are good entry.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
August 06, 2020, 05:30:07 PM
#15
What are you trading based on?

If you're trading a breakout, put the sl below where the last flag formed but make sure you're risk is below 100% of your reward.

Eg if you were long from 9500 and targeted 10000, your sl should be at least 9000.

If you're trading a continuation such as a 2nd-4th eliott wave or a bull flag (after the 2nd rejection down - shorting) then put your stop at the distance between the top and bottom of the first wave down - second wave of the move.
sr. member
Activity: 1988
Merit: 322
August 06, 2020, 05:18:52 PM
#14
I would say do not put stop loss into any sort of % because that would change a lot, but if you could put that into sell order that would be even wiser. For example if there is a support level, put it just 1 dollar under that and you would be probably smarter. Let's say there is a support level that is very strong at 10.4k right?

Well, if you put it on 10.399 that would mean it would be going down even lower, because it broke down under the support level so it should be going down, yet at the end of the day you could sell at that level and when it reaches to other support level or even lower you will be capable of buying there.

So, would that be a good method of using stop loss? I would think so, however there are of course some people who use % system as well and it does work for them.
sr. member
Activity: 980
Merit: 260
August 06, 2020, 02:19:55 PM
#13
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 must say that if you keeping getting loses as opposed to healthy returns then I'd consider losing the leverage. The 1:10 leverage for somebody who worries like that and doesn't get the stop-loss to work favourably can only mean trouble.

Here you're combining 2 strategies, try to settle with one then maybe think adding another.
full member
Activity: 338
Merit: 101
August 06, 2020, 02:06:04 PM
#12
If you joined recently in cryptoworld I would recommend you to hold top cryptocurrencies for a long period of time . But if you want to trade them daily it is very risky . You'd better start with a demo account
hero member
Activity: 2702
Merit: 704
August 06, 2020, 01:36:07 PM
#11
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

Your problem is the leverage that you are using not your stop loss, the dilemma you are facing comes from your leverage, it is true that if you use a stop loss the market could easily return to its original price while you lose money in the process, and if you do not use a stop loss when using leverage you can easily be busted in a single movement, this doesn't tell me that you have a problem with the stop loss you have a problem with leverage.

If you decide to begin trading without leverage it is true that your profits are going to decrease but you're not going to have the problem with your stop loss anymore, you will be able to make it as wide as possible in order to account for the volatility of the market which means that once it is hit most likely you are seeing a true reversal of the market trend which will save you money over the long run.
legendary
Activity: 2268
Merit: 1655
To the Moon
August 06, 2020, 11:21:21 AM
#10
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


Without setting a stop loss, you can not trade on the margin and futures markets. Otherwise, with a strong change in the exchange rate, as it was in March, your entire Deposit would be liquidated by the exchange. I don't put a stop loss only on the spot market.
legendary
Activity: 2898
Merit: 1823
August 06, 2020, 09:38:17 AM
#9
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 there 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


In my opinion you should, trade smaller, with smaller leverage, and place your stop-losses wider.

OR simply save, and HODL everything in Bitcoin. 90% out of 100%, I strongly believe that we plebs would profit more than active trading with leverage.
hero member
Activity: 2184
Merit: 798
Top Crypto Casino
August 06, 2020, 07:44:05 AM
#8
You're probably putting a tight stop loss on your trades. Often times, price tends to go the opposite direction from your entry point before moving to the direction you originally wanted it to go. In such cases, you will be moved out of the trade and the trend will continue without you in the bandwagon. The original recommendations for setting stop loss orders are:

1. Don't put it too tight except you're taking high risk trade.
2. Set it at a price where you're willing to lose. You can't win all the time. And this is a leverage trade so the risks is quite high.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 06, 2020, 07:30:50 AM
#7
Am thinking to this strategy : i want to use daily ATR it shows 500pips ,  so i will make SL 500 pips distance with current price ,  maybe its far and if market become crazy i lose alot but at least cant blow account and i have a lot chanse for chase past prices,  what do u think

Since you say that you use leveraged trading, that will be different than the usual trading at the exchanges because the risk will be higher than the usual. If you can trade in a normal mode and don't use leverage, and you can make a profit, then I think you will not have a problem using stop-loss in the leverage trading because you have the experience and skills to know when to use the stop-loss features. But if you don't know much about the normal trading mode, I think you will get difficult to use the stop-loss.

I suggest you familiarize yourself with the normal trading and don't use leverage trading before you understand how to trade with the right. It will be more difficult to trade while we don't have much knowledge, and that will end with losing the money.
full member
Activity: 374
Merit: 101
I am a student
August 06, 2020, 07:05:52 AM
#6
Am thinking to this strategy : i want to use daily ATR it shows 500pips ,  so i will make SL 500 pips distance with current price ,  maybe its far and if market become crazy i lose alot but at least cant blow account and i have a lot chanse for chase past prices,  what do u think
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