Definitely a life-saver. The price may never ever reaches your T/P again.
However, to set it up precisely takes a lot of efforts.
I would recommend to find a place where you can back test the size of your S/L vs T/P on recent historic data.
Money management is undervalued, but you can reach much higher profit, if you have your rules adapted to the actual asset.
Topic: Stop Loss, A life saver or a evil? - page 3. (Read 4314 times)
stop loss is very helpful for traders to prevent large losses, and can make traders not panic when market dump because stop loss will save your money when market dump
Stop loss is only used for those who trade for short term only. If they are trade for long term, they won't use this setup and just wait until the price goes to they want. Sometimes even though market dump and it affected the price, it could bounce back again and higher than their price before I strongly recommend that every crypto trading must use stop loss, because crypto prices are very volatile so if you don't use stop loss we will
experience running out of capital, which is likely to cause prices to continue to fall. For me personally the stop loss is a life saver,because I've
experienced escaping several times from the losses I experienced thanks to using stop loss. Indeed, we have to manage our capital if you want
to use stop loss optimally, so that after we do stop loss, we can re-enter the market by buying more coins at a cheaper price.
Having a much better understanding in regards to stop and loss features for your trading activities is very important, there are some incidents where you position yourself and your target did not materialized and instead moves in the other side, having a good stop and loss settings you'll be able to catch your position without monitoring it 24/7 it will also prevents you to make a higher damage as long as you know how to set it properly it will be a helpful tools for your trading business. experience running out of capital, which is likely to cause prices to continue to fall. For me personally the stop loss is a life saver,because I've
experienced escaping several times from the losses I experienced thanks to using stop loss. Indeed, we have to manage our capital if you want
to use stop loss optimally, so that after we do stop loss, we can re-enter the market by buying more coins at a cheaper price.
stop loss is very helpful for traders to prevent large losses, and can make traders not panic when market dump because stop loss will save your money when market dump
depend on the situation because if you are an active trader there is no need to use this as it can hinder you trades in time.if the price drops on your stop point but just after that the price Pumped?what will be your reaction?so it is helpful but not in all time maybe
sometimes when we are busy and need to go out or AFK
then we can use this as tools but only on those times but mostly?manual
trading is still what best for us.
Hello,
I had this question in mind, since many of my trades with an adjusted stop loss got triggered, but then the market goes in the direction I wanted, but since it got triggered basically im out. I know this is due to big fishes messing around.
What do you guys think, is stop loss something or, or not so good?
For me stop loss is a life saver, even though the situation depends on yourself and I often experience that case. When you are in market manipulation, you have to take part in following whales, so you don't experience events like this and you also need to pay attention to the market volume as well.I had this question in mind, since many of my trades with an adjusted stop loss got triggered, but then the market goes in the direction I wanted, but since it got triggered basically im out. I know this is due to big fishes messing around.
What do you guys think, is stop loss something or, or not so good?
I think that a very direct consequence of not using "Stop Loss" in these times is suicide, mainly when the whole market in general has been affected by a Fundamental such as the coronavirus, and if it had an open position, it would be in a percentage position. of considerable loss, which could have been avoided thanks to a "Stop Loss" therein lies the importance of it in a scenario like the current one.
Beside, do not be greedy when trading to ensure you the best profit.
We can't just say "do not be greedy" since that can't be done easily.
As a human being you will never be able to control yourself from gathering or earning profit. Being greedy is a part of an investor but you should be able to control that so you will not fall to scams and possible hacks that could happen. Losing is inevitable in this market that is why we can't stop it but we can minimize it.
I strongly recommend that every crypto trading must use stop loss, because crypto prices are very volatile so if you don't use stop loss we will
experience running out of capital, which is likely to cause prices to continue to fall. For me personally the stop loss is a life saver,because I've
experienced escaping several times from the losses I experienced thanks to using stop loss. Indeed, we have to manage our capital if you want
to use stop loss optimally, so that after we do stop loss, we can re-enter the market by buying more coins at a cheaper price.
Indeed because if you continue there's possibility you lose more, so I think it better to stop for a while and wait until the rising of the market. When you stop it can save you from huge loses but if not it will cause you a harm to your money.experience running out of capital, which is likely to cause prices to continue to fall. For me personally the stop loss is a life saver,because I've
experienced escaping several times from the losses I experienced thanks to using stop loss. Indeed, we have to manage our capital if you want
to use stop loss optimally, so that after we do stop loss, we can re-enter the market by buying more coins at a cheaper price.
Basically you can avoid loses if you observe the movement of the market, because you will know if market is falling when you saw red marked, always monitor the market before you trade.
I strongly recommend that every crypto trading must use stop loss, because crypto prices are very volatile so if you don't use stop loss we will
experience running out of capital, which is likely to cause prices to continue to fall. For me personally the stop loss is a life saver,because I've
experienced escaping several times from the losses I experienced thanks to using stop loss. Indeed, we have to manage our capital if you want
to use stop loss optimally, so that after we do stop loss, we can re-enter the market by buying more coins at a cheaper price.
experience running out of capital, which is likely to cause prices to continue to fall. For me personally the stop loss is a life saver,because I've
experienced escaping several times from the losses I experienced thanks to using stop loss. Indeed, we have to manage our capital if you want
to use stop loss optimally, so that after we do stop loss, we can re-enter the market by buying more coins at a cheaper price.
I had this question in mind, since many of my trades with an adjusted stop loss got triggered, but then the market goes in the direction I wanted, but since it got triggered basically im out. I know this is due to big fishes messing around.
What do you guys think, is stop loss something or, or not so good?
Well, at least you have to admit that the stop loss saved your ass from losing much of your money and appreciate that. As for the market going back in a direction you want, it’s just how it is at times, this market is quite unpredictable. Maybe you should try to work on your settings for stop loss.What do you guys think, is stop loss something or, or not so good?
For example, if you have been setting it around 80% you can reduce it to like 60% or even 50% and that way when the market drops more below that 80% it wouldn’t cut your trade, and it will keep going until the market starts to recover back again and you also start making profit. Stop loss is not bad, the main purpose is save you from more loss than you can take. You just have to be around to set it back.
Hello,
I had this question in mind, since many of my trades with an adjusted stop loss got triggered, but then the market goes in the direction I wanted, but since it got triggered basically im out. I know this is due to big fishes messing around.
What do you guys think, is stop loss something or, or not so good?
For me stop loss is a life saver, even though the situation depends on yourself and I often experience that case. When you are in market manipulation, you have to take part in following whales, so you don't experience events like this and you also need to pay attention to the market volume as well.I had this question in mind, since many of my trades with an adjusted stop loss got triggered, but then the market goes in the direction I wanted, but since it got triggered basically im out. I know this is due to big fishes messing around.
What do you guys think, is stop loss something or, or not so good?
Beside, do not be greedy when trading to ensure you the best profit.
We can't just say "do not be greedy" since that can't be done easily.
As a human being you will never be able to control yourself from gathering or earning profit. Being greedy is a part of an investor but you should be able to control that so you will not fall to scams and possible hacks that could happen. Losing is inevitable in this market that is why we can't stop it but we can minimize it.
Hello,
I had this question in mind, since many of my trades with an adjusted stop loss got triggered, but then the market goes in the direction I wanted, but since it got triggered basically im out. I know this is due to big fishes messing around.
What do you guys think, is stop loss something or, or not so good?
For me stop loss is a life saver, even though the situation depends on yourself and I often experience that case. When you are in market manipulation, you have to take part in following whales, so you don't experience events like this and you also need to pay attention to the market volume as well. I had this question in mind, since many of my trades with an adjusted stop loss got triggered, but then the market goes in the direction I wanted, but since it got triggered basically im out. I know this is due to big fishes messing around.
What do you guys think, is stop loss something or, or not so good?
As a trader, being loss is a part of our journey before we become a professional trader, because it helps us to think on what is the best strategy in trading so that the next you experience the same situation, you've already know how to do. But if we always experiencing loss in every time you trade well, it is a sign for to stop it. Stoping you from trading is not an issue because it is a good thing for you, when we stop trading we don't get any loss on our assets.
Everyone has suffered a lot of loss when participating in this market and of course you will always have a hard time investing here because this market is very volatile. I think you need to have knowledge when investing and always believe in yourself because this is the way for you to get the best results when trading. Beside, do not be greedy when trading to ensure you the best profit. stop loss must be used by all traders because it is very important if the market crashes when you are not watching the market for that stop loss is used when you cannot monitor the market
Stop-loss is your loyal friend and iron insurance in case everything goes wrong.
The ability to correctly set stop losses and move them qualitatively to breakeven can save and increase your capital in the shortest possible time.
I think this is exactly where beginners should start.
As a trader, being loss is a part of our journey before we become a professional trader, because it helps us to think on what is the best strategy in trading so that the next you experience the same situation, you've already know how to do. But if we always experiencing loss in every time you trade well, it is a sign for to stop it. Stoping you from trading is not an issue because it is a good thing for you, when we stop trading we don't get any loss on our assets.
Stop loss is very much nessecary in today life market because there are two many cryptocurrency going arround the world and people switching from on to another so every market can be harsh for any trader. Other things about stop loss can be enemy when market goes towards your predicament but in life it always necessary to earn slow and steady money.
For me stop loss is life saver then a evil.
Enjoy safe trading these days.
For me stop loss is life saver then a evil.
Enjoy safe trading these days.
stop loss must be used by all traders because it is very important if the market crashes when you are not watching the market for that stop loss is used when you cannot monitor the market
That is inevitable.
We all know that losing in this market is inevitable. You don't know what may happen and with the fast-changing price, you could lose without you knowing. Just an example the price dropped so hard just this week and if you invested at $9K or $10K, you already lost in just days. You can't stop that though you could reduce the risk in a way.
When setting stop-losses, you should calculate the coefficient of possible loss to profit or pull up the stop-losses as the profit increases, so that in case of trend reversal the position will be closed with profit. Even though stop-losses are often eliminated, I use them in almost every trade.
You only concentrated on one aspect, when it got triggered and the market move upside, wouldn't you happy when he got triggered and the market continues to dip down? Stop loss is a MUST tool for a day trader not to get rekt but only lose a little percentage based on the stop loss settings.
and that is so true mate,stop loss is not applicable for everyone it is for daytrader that was busy in a certain time so he cannot focus infront of the computer so putting stop loss will save them from being wrecked but for other trader it is not specially when you are aiming for good profit in your trading time,and also for long term holder?no this is not necessary because what ever may happen still we have lots of time to wait for recovery.that is one good thing if we can keep the holding longer. 
You only concentrated on one aspect, when it got triggered and the market move upside, wouldn't you happy when he got triggered and the market continues to dip down? Stop loss is a MUST tool for a day trader not to get rekt but only lose a little percentage based on the stop loss settings.
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