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Topic: Stop loss ? - page 3. (Read 751 times)

legendary
Activity: 2436
Merit: 2991
February 17, 2024, 01:02:27 AM
#43
A stop loss is part of a trading strategy, but there are strategies that do not involve a stop loss. For example, if you are entering a position in several parts, then you do not need a stop loss. You will simply lose your deposit little by little. I would say stop loss is most commonly used in trend trading. There, stop loss is an organic part of the strategy. When trading with a trend, you enter an asset only after it has started to move. In the case of spot trading, as soon as the coin began to rise after a local bottom.
        But if you are trading against the trend, then usually the relevance of the stop loss is lost. It is replaced by averaging.
member
Activity: 305
Merit: 11
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February 17, 2024, 12:04:23 AM
#42
how do you use a stoploss
When you start trading business you must use stop loss but face less loss. If you use this method of investing, you will face very few losses and have a high chance of profiting. However, you cannot stay inside the market all the time, so if you use the stock loss, then when the market goes to that level, you will definitely sell the coins according to your profit. However, you can use a stop loss on the exchange you are in This will reduce your risk.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
February 16, 2024, 09:43:12 PM
#41
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.
legendary
Activity: 2268
Merit: 1655
To the Moon
February 16, 2024, 06:59:33 PM
#40
...This is why I don't like trading, I let it lose if I'm holding because eventually it's going to recover without doing anything and no need to be pressured by the market.

Not all coins recover in price to the level at which they were bought, and there are plenty of examples of this. And for other coins, you have to wait several years for the price to return to its previous value. So in my opinion, it is better to sell and buy at a reduced price than just expect another bull run.
sr. member
Activity: 2030
Merit: 306
February 16, 2024, 04:20:31 PM
#39
Using stoploss depends on you risk to reward ratio.
If you have a risk to reward ratio of 1:3, then you need to place your stoploss at a distance that corresponds to one-third of the potential profit target,
this will be profitable because your risk exposure is limited while allowing the trade sufficient room for price fluctuations within that established risk parameters.
most people lose in trading because they don't follow their plan trade according to their risk to reward ratio. and trade emotionally which cause them to close many trades without gaining significant profit.
I like with stop loss feature and my limitation using stop loss when coins dropping under 20%, its not much problem for me have losses 20% of my capital because I can buy back with lower price and get recovery with my losses as soon possible. Long term holding some time not profitable yet exactly for short term holding, if not use stop loss get more longer time need waiting with our capital recovery but stop loss can be alternative how faster recovery with our capital.

Many trader get difficult choose have to stop loss exactly the current coins price drop drastically, I think difference when using stop loss under 20% and coins up recovery still has chance get faster or potential earn much profitable than keep hold it.
jr. member
Activity: 0
Merit: 0
February 16, 2024, 02:49:04 PM
#38
Stop loss is used to reduce or limit your loss on a trade,but it most be align with your risk appetite that means you risk what you can afford.
It is mostly placed on the ERL or below the OB or from a zone price react.
Stop loss is a good practice..
legendary
Activity: 2030
Merit: 1643
Verified Bitcoin Hodler
December 01, 2023, 12:45:23 PM
#37
how do you use a stoploss

A stop loss is a trading function which can be used to automatically sell your crypto/stock when the current price goes beyond a certain number. Traders use this to manage the risk of unexpected price movements. Basically it does as it sounds: "stops loss".

But I have found that stop loss is not worth it in most cases, in the world of cryptocurrency. Because cryptocurrencies are just too volatile. You will just be losing money if you put stop losses without a big enough spread, because even Bitcoin can go up/down 10%+ in a matter of minutes....

sr. member
Activity: 1386
Merit: 326
Eloncoin.org - Mars, here we come!
December 01, 2023, 12:00:18 PM
#36
The price of market continuously pumps and dumps therefore setting of stop loss can help to decrease your losses as if you set some order then you will not see more dump than settled value. Sometimes you don't know that what you have to do because you don't have any idea about market condition so in such situations only stop loss can help you to reduces your losses otherwise your coin will go to zero worth and you will loss all your money.

Short term traders often uses stop losses as nobody wants to loss whole part of their money but those who are new to market will have no idea of stop loss setting therefore it is must to know all the things about trading before Initiation.
hero member
Activity: 2030
Merit: 549
Leading Crypto Sports Betting & Casino Platform
November 30, 2023, 06:32:37 PM
#35
how do you use a stoploss
The way to use stop loss is actually probably almost the same from one exchange to another. However, to be more clear, you can read articles from the exchange you use so that your practice and understanding can be more specific. In this case, there are several ways to use SL or CL. Now what you need to pay attention to is your ability to analyze the market, how far the market will move and the possibility that it will not match expectations. So we can predict at what rate we should install SL, or in what percentage we should take into account. Because it's not as easy as just putting numbers on the SL.
jr. member
Activity: 1652
Merit: 3
November 30, 2023, 01:58:07 PM
#34
Sure we all need stop loss when it comes to trading .I remember when my account was blown away in a few minutes during the BTC dump in 2021 at that time i was a newbie in trading don't know the importance of stop loss or how to protect my capital at all. From that time i learn the concept of stop loss and apply it to all my trades now to secure my capital.
full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
November 29, 2023, 05:55:03 PM
#33
Maybe at least tell us what platform so we can help you? Because It'll totally depend on the exchange you're using. And chances are, whatever platform you're using has an article on how to use their stop-loss function so you're better off Google-ing it first.

To what I see yeah, this O.P basically knows how to use stop loss, let's say he wanna get the attention of members and probably boost up his activities in the forum, which is not a bad idea to me but the o.p asking the question should elaborate the topic more than just throwing a question at us.
True, if you look into his profile, you will see most of his created topics only consist of 1 sentence and a direct question, but the thing is, they lack information. At least he provides information on what platform he is using so we can say how to set up a stop loss elaborately. Anyway, setting up a stop loss is easy. When you are about to open a trade on some trading platforms, the stop loss and take profit are usually at the bottom of the screen, and they are side by side. Setting up stop loss and take profit should be calculated because you can't set up a stop loss and take profit with a big difference or huge gap. Also,  setting up a stop loss is not always necessary in trade. If you are a short-term trader, then it is unnecessary to use a stop loss, but it depends on the trader, of course.
sr. member
Activity: 2310
Merit: 355
November 29, 2023, 05:09:09 PM
#32
how do you use a stoploss
You can just set-up this every time you trade and know if this feature is available in the platform you are using or you can just do this manually. Having the stoploss strategy can prevent you from losing that much and this is really advisable for every trader so don’t trade without having this. Even if you do long term trade make sure to still have this one and don’t be greedy, you might get trap if you didn’t follow your stoploss level.
full member
Activity: 364
Merit: 146
Play Bitcoin PVP Prediction Game
November 29, 2023, 03:43:10 PM
#31
how do you use a stop loss
Stop loss is a very effective and profitable tool most used by every trader, whether he is a beginner or a professional because there are no harmful effects of stop loss but instead there are many benefits of using it. Stop loss is like a barrier that you set for something to not contain and restrict it from the area.  Let me explain it through an example,  When you are going to trade for 100$ and you know that the price will go up to 170$ and you don't want any loss if the price goes down,  so you can set your stop loss on 100$,  so if the price goes down and reach to that limit it to automatically stop the trading and will save your find from further loss. 
hero member
Activity: 2268
Merit: 581
November 28, 2023, 02:20:33 PM
#30
how do you use a stoploss
That's a very raw question because stop-loss isn't the same in all the exchanges and some don't even have that option at all.

If you are asking should I use stop-loss?
I would say yes because the market swings wildly and you better have some safety in place.

Are you asking what is stop-loss?
Well, in simple words, a safety in place if things go south. For example, if you have a coin that overnight gets zeroes, you can set a stop loss price, at which it will get sold out.
full member
Activity: 1400
Merit: 115
Sugars.zone | DatingFi - Earn for Posting
November 27, 2023, 11:09:13 PM
#29
The use of stop loss is generally used to limit the level of loss that will be accepted, usually stop loss is closely related to futures trading. Because of the high level of risk in this market, it is not surprising if losses occur that cause the balance to run out. Stop loss is intended as a loss limiter, we can freely determine the loss limit that we will receive if the market moves not in accordance with our trading position. Usually we will set a stop loss with a loss of funds that is afford to lose.
The amount set in stop loss is the amount that we accept we will lose, just in case our trades didn't go well or the price didn't go as we expected. Stop loss is only just a feature or a tool in trading but futures trading is another variation of trading, so both are not the same or related to each other.

The market itself is only unpredictable but the risk intensity will only depend on what we do. Well if we do trading, especially the futures one, then there is no doubt that the risk is greater than if we will only do a long-term investing. Other than using a stop loss and setting it on a moderate level, it is also better to use funds which we can afford to lose easily.

Yes that's right. This is directly related to money management trading. If we use a stop loss but our margin and leverage in one trading position are large, it's the same as lying, especially if we trade without prior analysis and just enter, I think in this case the stop loss functions as a loss-making tool. However, this is different from if we carry out an in-depth analysis before trading, plus minimizing the amount of margin and leverage, for example the margin used is around 5% of the total capital and the leverage is 2x - 3x, then the stop loss can work perfectly. When placing a stop loss, you must also pay attention to the levels of Bitcoin price movement, so that if a price movement occurs it does not trigger a stop loss which in fact, the price direction is still in a continuing trend according to the analysis plan (perhaps using Fibo can help in determining the stop loss point)
Stoploss actually limits us from giving the opportunity to trade again at another opportunity, because by cutting losses, we still have capital to make the next transaction. and keep in mind that there will be many more trading opportunities to be found. indeed logically we can take a stop loss risk of 5%, so if we experience consecutive mistakes for 20X then we run out of funds, and of course 20X is a lot of opportunity, in this way the possibility of running out of capital becomes smaller
member
Activity: 396
Merit: 30
November 27, 2023, 02:35:31 PM
#28
If you are dealing in Bitcoin or Cryptocurrency. So it is impossible for you to avoid risk. In any business there is a possibility of loss. However, this loss can be reduced by various measures and by adopting a cautious attitude. You have to come out of grease for long short.Another way to avoid and minimize losses is to implement a phased approach to the business. And keep some capital for your future business. So that you don't face a severe loss. However, it is impossible to avoid losses completely.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
November 27, 2023, 01:34:12 PM
#27
The use of stop loss is generally used to limit the level of loss that will be accepted, usually stop loss is closely related to futures trading. Because of the high level of risk in this market, it is not surprising if losses occur that cause the balance to run out. Stop loss is intended as a loss limiter, we can freely determine the loss limit that we will receive if the market moves not in accordance with our trading position. Usually we will set a stop loss with a loss of funds that is afford to lose.
The amount set in stop loss is the amount that we accept we will lose, just in case our trades didn't go well or the price didn't go as we expected. Stop loss is only just a feature or a tool in trading but futures trading is another variation of trading, so both are not the same or related to each other.

The market itself is only unpredictable but the risk intensity will only depend on what we do. Well if we do trading, especially the futures one, then there is no doubt that the risk is greater than if we will only do a long-term investing. Other than using a stop loss and setting it on a moderate level, it is also better to use funds which we can afford to lose easily.

Yes that's right. This is directly related to money management trading. If we use a stop loss but our margin and leverage in one trading position are large, it's the same as lying, especially if we trade without prior analysis and just enter, I think in this case the stop loss functions as a loss-making tool. However, this is different from if we carry out an in-depth analysis before trading, plus minimizing the amount of margin and leverage, for example the margin used is around 5% of the total capital and the leverage is 2x - 3x, then the stop loss can work perfectly. When placing a stop loss, you must also pay attention to the levels of Bitcoin price movement, so that if a price movement occurs it does not trigger a stop loss which in fact, the price direction is still in a continuing trend according to the analysis plan (perhaps using Fibo can help in determining the stop loss point)
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
November 27, 2023, 01:05:15 AM
#26
The use of stop loss is generally used to limit the level of loss that will be accepted, usually stop loss is closely related to futures trading. Because of the high level of risk in this market, it is not surprising if losses occur that cause the balance to run out. Stop loss is intended as a loss limiter, we can freely determine the loss limit that we will receive if the market moves not in accordance with our trading position. Usually we will set a stop loss with a loss of funds that is afford to lose.
The amount set in stop loss is the amount that we accept we will lose, just in case our trades didn't go well or the price didn't go as we expected. Stop loss is only just a feature or a tool in trading but futures trading is another variation of trading, so both are not the same or related to each other.

The market itself is only unpredictable but the risk intensity will only depend on what we do. Well if we do trading, especially the futures one, then there is no doubt that the risk is greater than if we will only do a long-term investing. Other than using a stop loss and setting it on a moderate level, it is also better to use funds which we can afford to lose easily.
member
Activity: 784
Merit: 34
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November 26, 2023, 03:20:00 PM
#25
Maybe at least tell us what platform so we can help you? Because It'll totally depend on the exchange you're using. And chances are, whatever platform you're using has an article on how to use their stop-loss function so you're better off Google-ing it first.

To what I see yeah, this O.P basically knows how to use stop loss, let's say he wanna get the attention of members and probably boost up his activities in the forum, which is not a bad idea to me but the o.p asking the question should elaborate the topic more than just throwing a question at us.
member
Activity: 812
Merit: 53
November 26, 2023, 02:20:24 PM
#24
Yes. I think stop loss is a very necessary thing in trading. Before 4 years, I don't use a stop loss or even don't know about stop loss. My whole account is liquidated because of high leverage. And I feel imbrassed because I lost all my money in a single trade.
And this thing realize me about the importance of stop loss.
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