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Topic: Stop loss ? - page 2. (Read 746 times)

newbie
Activity: 2
Merit: 0
February 23, 2024, 11:26:13 AM
#63
1% of the trading deposit
sr. member
Activity: 546
Merit: 274
February 23, 2024, 09:39:29 AM
#62
This feature is generally used in futures trading, but not everyone uses this feature. If I do any trading I don't believe in selling that coin at a loss rather I am willing to wait. In the case of using stop loss, it is usually seen that if a coin falls below a certain limit, that coin will be sold by itself. I don't give up until I have a dollar in my wallet because if the market goes up again when I have a dollar left in my wallet, I will recover my entire money. Thinking this way, I usually don't use the stop loss feature.
full member
Activity: 1148
Merit: 208
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February 23, 2024, 09:25:46 AM
#61
I am very weak in trading so i am more motivated to make profit from investment. Actually a defensive trading tool that can reduce any trader risk in trading positions. On the other hand it is the trader himself who should monitor the trade and then you should act accordingly. I would say if you are looking for trading help review some articles from this forum and you will get a better idea. Just as no technical issue will work in gambling, I think trading will only make you profit with your experience
Being aware of the potential we have and choosing to avoid not trading so as not to experience losses in trading will certainly be better and this will not result in the money we have being lost in vain because we don't understand trading well, those who trade certainly You have to monitor the market so you can use strategies in trading to make a profit and you have to do it without rushing so you don't make the wrong decision in trading.

In this forum there are many things we can learn and if we understand and we can try it with the capital we have with the many experiments we have tried, of course we will be able to easily gain experience and profits and also minimize losses.
hero member
Activity: 784
Merit: 732
February 20, 2024, 02:57:33 AM
#60
I shift the Stoploss which was initially at a loss point of -1% to +1%. In this way, I manage the risk of loss and also ensure that I don't lose profits when the price suddenly drops again when my position was initially in a position to make a profit.
I don't think such a trick can be done. I usually only use it once and leave it. Do you also use it for spot trading? or is it more suitable or better used for futures trading?
I don't trade regularly, but I always set a stop loss for the target I set. This feature is very helpful for traders, especially for those who are just learning to trade or are in the early stages of trading.
For this one, I did it on the futures market. Because I do more daily trading on the futures market. And stoploss + is useful to use when the trading pair we are entering still has a technical upward trend and when the initial profit target that we have determined has been met and the price has exceeded it, then if we still see an upward trend it is possible to occur and we do not want to release the position and Still hoping for more profits, we can shift the stop loss which was initially prepared to control losses to a stop loss to secure profits. I find it hard to explain. But this strategy can only be used on trading pairs that sentimentally and technically still have an upward trend. Like when trading volume is still increasing and there is no visible weakening. So this technique sounds like greed but it is only used to secure profits without having to close our positions in the market. For the spot market I rarely use it. Because of the spot market, I usually use large capital, so I choose to follow the results of analysis and planning that have been made carefully. especially fundamentally.
member
Activity: 322
Merit: 85
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February 19, 2024, 08:51:36 PM
#59
how do you use a stoploss
op You have to decide first which platform you want to use then we can give you the right information. It totally depends on your investment which platform you want to invest in. You must have enough knowledge about that platform so that you don't lose your money by investing. So you need to invest stoploss patiently.
legendary
Activity: 2268
Merit: 1655
To the Moon
February 19, 2024, 07:05:57 PM
#58
I shift the Stoploss which was initially at a loss point of -1% to +1%. In this way, I manage the risk of loss and also ensure that I don't lose profits when the price suddenly drops again when my position was initially in a position to make a profit.
I don't think such a trick can be done. I usually only use it once and leave it. Do you also use it for spot trading? or is it more suitable or better used for futures trading?
I don't trade regularly, but I always set a stop loss for the target I set. This feature is very helpful for traders, especially for those who are just learning to trade or are in the early stages of trading.

You should make it a rule that the stop loss must be moved if the price moves in the direction you want. In this case, you are guaranteed to get a profit even if the price unexpectedly drops. In addition, you can not fix your profit in parts when the price has increased sufficiently, but simply move the stop loss, waiting for the price to increase even more.
legendary
Activity: 2296
Merit: 2721
Top Crypto Casino
February 19, 2024, 02:20:50 PM
#57
I don't think such a trick can be done. I usually only use it once and leave it. Do you also use it for spot trading? or is it more suitable or better used for futures trading?
Why shouldn't that be possible? It is basically a "take profit" where you simply indicate what profit you are already satisfied with ... even if the price is even lower than your target with a classic take profit.

By shifting the limits as he has described, you will definitely exit with a profit. You just have to be careful not to set the limit too close to the current price, at least not with cryptos. These usually fluctuate quite strongly during the day, so a 5% limit may already be too tight, especially with altcoins.
member
Activity: 811
Merit: 20
Chainjoes.com
February 19, 2024, 02:02:46 PM
#56
I am very weak in trading so i am more motivated to make profit from investment. Actually a defensive trading tool that can reduce any trader risk in trading positions. On the other hand it is the trader himself who should monitor the trade and then you should act accordingly. I would say if you are looking for trading help review some articles from this forum and you will get a better idea. Just as no technical issue will work in gambling, I think trading will only make you profit with your experience
legendary
Activity: 952
Merit: 1030
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February 19, 2024, 01:34:51 PM
#55
how do you use a stoploss

Hi fellows and for my first experience with the 6-word topic, Also you haven't mentioned any context to your question, so how can we efficiently answer you because we dont now if are you asking generally or ina  context of a trend or in any other specific context. Maybe some of the fellows will guide you about stop loss and you already know about them because you haven't mentioned your expertise here. I didn't use the tight stop loss in the answer to your question as simple as the question was, here the simple answer is. Haha In detail when the market moves in a specific trend you dont need the tight stop loss, yeah but you should always consider the tight stop loss in the volatile market to avoid most of the loss.

In the against trend you should not use the stop loss because it's 99% proven that it will triggered.

   
legendary
Activity: 1078
Merit: 1022
Hello Leo! You can still win.
February 19, 2024, 12:48:39 PM
#54
how do you use a stoploss
I don't know whether op is practically asking how to use stop loss, like he doesn't know where to find the function in an exchange. If that is the case, all you need to do is to read from the particular exchange you are using as many people have recommended. Just like the programmers depend on documentations to succeed, you need to read how different exchanges implement their tools.

But in the other hand, if the Op already knows how to use SL, but was only asking advanced ways to use it to put smart the market. Well, he needs to ask the pros. Iam not a good trader and I have been lazy to advance myself. But when I was trying out my hand on trading, I had some issues with SL and ended up not using it again until I stopped trading.

My experience with SL was horrible. It happens as if someone is always watching me, whenever I set my SL, it doesn't waste much time to trigger, but after that, the market will reverse and continue to green. It has happened to me multiple times. I then decided to stop using the SL and then, the worse happened.
hero member
Activity: 1050
Merit: 657
February 19, 2024, 11:09:02 AM
#53
I shift the Stoploss which was initially at a loss point of -1% to +1%. In this way, I manage the risk of loss and also ensure that I don't lose profits when the price suddenly drops again when my position was initially in a position to make a profit.
I don't think such a trick can be done. I usually only use it once and leave it. Do you also use it for spot trading? or is it more suitable or better used for futures trading?
I don't trade regularly, but I always set a stop loss for the target I set. This feature is very helpful for traders, especially for those who are just learning to trade or are in the early stages of trading.
legendary
Activity: 2268
Merit: 1655
To the Moon
February 19, 2024, 10:51:43 AM
#52
...Furthermore, using stop loss is not compulsory. You can chose to apply it or not, that depends on how you evaluate your trading capabilities and skills. But I suggest if you are still not used with the market's sudden price changes, it's better to apply stop loss while trading.

Of course, you may not use a stop loss, but I am sure that after several liquidations you will reconsider your decision, because it is easier to lose a part than the entire deposit. And given that the cryptocurrency market is highly manipulative, it is very difficult to predict that, despite the positive news, the entire market should be dumped.
hero member
Activity: 784
Merit: 732
February 18, 2024, 09:04:48 PM
#51
how do you use a stoploss
I use two ways to use stop loss. Firstly, I use a stop loss to limit my risk of loss. and the second is that I use stoploss plus, namely a stoploss that is placed when we are already in a position to make a profit. I shift the Stoploss which was initially at a loss point of -1% to +1%. In this way, I manage the risk of loss and also ensure that I don't lose profits when the price suddenly drops again when my position was initially in a position to make a profit. Because Stoploss is closely related or part of risk management itself. But how to use it must be adjusted to what type of trading we use. Whether scalping, swing or long. Is it spot or future. Everything has to be readjusted. But the most important goal is to ensure that we do not experience losses beyond what we can afford.
hero member
Activity: 2114
Merit: 506
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February 18, 2024, 07:46:25 PM
#50
One of it is to stop when you're at loss.  Cheesy
This is for short term investors and day traders to be applied. If you want to stop loss, it's very easy. You have to track your trades and investments everyday. If the price doesn't go along your goal and target before selling, don't wait for too long until the losses gets bigger.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
February 18, 2024, 07:30:27 PM
#49
And why do you think it’s a must to make use of stop losses if you are trading? When trading, stop loss is optional, you can decide to make use of it, or you can just leave it, it’s a choice. Some people have been trading for years, and they never made use of stop loss in their trades before, and things are really going well for them, and some people are always making use of stop loss in all their trades to reduce lose, so it’s just a choice.

Well, not everyone manages to neglect the stop loss for several years and at the same time make a profit. It is obvious that they have not left the terminal all these years and can close a position in a timely manner if they see that the price is moving in the opposite direction to expectations by 20-30%. For others, it is correct to adhere to the risk management strategy and set a stop loss to reduce their losses.
If you are confident with your trades and you are seeing high probability to be in profits, using stop loss may not be needed anymore. However, not all traders are confident with the outcome of their trades, and some are still first hand traders so most likely, if they want to cut their prolong losses, using stop loss will be beneficial. That is also one way to lessen the risk in trading.

Furthermore, using stop loss is not compulsory. You can chose to apply it or not, that depends on how you evaluate your trading capabilities and skills. But I suggest if you are still not used with the market's sudden price changes, it's better to apply stop loss while trading.
sr. member
Activity: 2254
Merit: 256
Vave.com - Crypto Casino
February 18, 2024, 03:17:54 AM
#48
What do you mean by how to use or strategy? if the method of use is quite simple and you can read it on the stock exchange you use, but if you ask about strategy, you can use a stoploss with a risk that you can accept so that you don't lose more if your prediction is not right, if you are afraid of risk it is better to do both stop loss and Take profit
legendary
Activity: 2268
Merit: 1655
To the Moon
February 17, 2024, 06:31:20 PM
#47
And why do you think it’s a must to make use of stop losses if you are trading? When trading, stop loss is optional, you can decide to make use of it, or you can just leave it, it’s a choice. Some people have been trading for years, and they never made use of stop loss in their trades before, and things are really going well for them, and some people are always making use of stop loss in all their trades to reduce lose, so it’s just a choice.

Well, not everyone manages to neglect the stop loss for several years and at the same time make a profit. It is obvious that they have not left the terminal all these years and can close a position in a timely manner if they see that the price is moving in the opposite direction to expectations by 20-30%. For others, it is correct to adhere to the risk management strategy and set a stop loss to reduce their losses.
hero member
Activity: 2786
Merit: 646
February 17, 2024, 02:50:49 PM
#46
stoploss is used to anticipate a reversal of the market reaction, its use is in accordance with the analysis that we believe in, I usually look for support or resistance as a defense area, and don't forget to give it a distance, because often the market just grabs the stoploss and returns according to our analysis path, so from Of course, many people feel like they are being manipulated by the market
that often happened, people with stop loss thats not too far from the current price will definitely lose, the market always presenting us with sudden market pull back that causes people that trades future with high leverage and those that have small distance stop loss to be liquidated, its always like that that I also have learnt that no trading method better than spot since loss recovery is easier just to wait it out unlike derivatives.
but stop loss in practice for general people is a good practice at least if the market suddenly have reversal and it was sharp enough you know that you're not losing anything more than you can tolerate.
lack of using stop loss might incurr massive loss, imagine the collapse of terra luna and ftx, who would've thought? nobody predicted it, but stop loss certainly helps at that time to prevent us from further losing.
On the time that stop loss would really be that relevant is on the time that you are really that dealing up with the market in short trades or simply whether those who do get involved with day trade
or futures or with those who do make out some scalping on which i could say that it would really be that something useful but for those who do make out some spot trades then i dont see for it to be much needed or something that would really be considered on using so. This is why it would really be that best that you should really be that tending to make use of it when making use of short trades on which
on the time that you would be able to hit up those SL's then it is something that couldnt really taken back and this is really just one main issue, not unlike on dealing up with
having no SL's is that you could potentially wait up for the price to recover once again.

There's no such thing about trigger with those orders specially if you are really that making yourself going for long term on which you would definitely be having those kind of holds.
hero member
Activity: 1358
Merit: 907
February 17, 2024, 02:40:53 PM
#45
When you start trading business you must use stop loss but face less loss.
And why do you think it’s a must to make use of stop losses if you are trading? When trading, stop loss is optional, you can decide to make use of it, or you can just leave it, it’s a choice. Some people have been trading for years, and they never made use of stop loss in their trades before, and things are really going well for them, and some people are always making use of stop loss in all their trades to reduce lose, so it’s just a choice.

If you use this method of investing, you will face very few losses and have a high chance of profiting.
How will stop loss give you a high chance of profiting in a trade? All I know is that stop loss will help you cut the loss in your trade in case the trade goes against you and you are not online to monitor your trade, but I don’t know how that will give you a high profit in a trade.
hero member
Activity: 1624
Merit: 624
February 17, 2024, 12:29:35 PM
#44
how do you use a stoploss

Although the use of the stop loss feature is different between platforms, it is used in a similar way on many platforms. In order for us to be able to help you, I think it would be better to specify which platform you would like to use this feature on. To give very brief information about the stop loss feature in general;

A stop loss order is an order sent to the broker to sell a security when its price reaches a predetermined level. It is often associated with long positions. An investor in a long position has invested in a security and holds it. If the price drops to a certain level, stop loss will be activated and the position will be closed by selling the relevant security.
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