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Topic: Stop loss feature in Exchanges (Read 20633 times)

hero member
Activity: 798
Merit: 503
June 25, 2019, 11:06:28 AM
There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?
Stop loss is a great helper. After the purchase, it helps the trader to get out of position in a small minus if its need. At first glance, it seems that this is a bad tactic to get out of deals in a small minus. But in the long run, such a tactic can save you from a situation that has developed with many traders in 2018. Only greed doesn't give you time to get out of the deal. So learn how to control your greed and trade with stop losses.
full member
Activity: 714
Merit: 102
June 25, 2019, 08:40:51 AM
Any news about mpcx's bonuses during the IEO? I couldn't find them on https://mpcx.co/
You should not ask questions or request information in this thread, you can ask directly on the ANN thread, or thread bounty from MPCX, and more specifically you can ask their telegram group.
member
Activity: 350
Merit: 10
June 23, 2019, 12:35:48 PM
I am still not very strong in trading, but I have already managed to make sure that the main thing is to make the right choice of a trading exchange with great functionality.  thanks to the services provided by the trading exchange, an experienced trader will be able to control the electronic one, even if he is absent on the exchange.
newbie
Activity: 21
Merit: 1
June 19, 2019, 10:38:16 AM
Quote
Stop loss features is very important and necessary for a trader. Cause we can safe our money after start market fall. If we set our stop loss at some reasonable loss then we can safe from big losses.

I agree, my exchange has stop loss and I wouldn't use one without it. Particularly because I margin trade and short which obviously incurs a greater risk. It allows me to add additional funds to a position that seems to be going off the rails if I feel the market will turn back around to my favor - but with a limit that I feel comfortable with. I like the option to use a variety of order types like protection and OCO as offered by primexbt. This is a good variety for me to maximize my profit potential at the same time as minimizing the risk of loss.  Also being able to trade on the go with an app to prevent getting stopped out early when using a stop loss is incredibly valuable if, again, the market looks like it will recover.
member
Activity: 700
Merit: 10
June 19, 2019, 04:41:49 AM
There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?

The stop loss feature is a useful feature that should be used with extreme caution, although it is a useful feature for everyone. Unfortunately, this feature is used incorrectly by many people. The use of very low stop stop loss will often cause damage in sudden price fluctuations and should be used at an ideal price range. Furthermore, it is necessary to be selective in the field and service that it is used in every service since this is not working perfectly.

I agree. I think most of the sudden dumps have been affected as well by trades hitting stop losses without the traders even being aware. It iss helpful for loss control that's for sure. But if not used correctly, it affects the market also.  I use stop loss but i check first the suggested percentage on when to use it.
stoploss is very helpful if we rarely see the market because of busy life in the real world. indeed with stoploss can reduce the risk of greater losses, because it will close automatically at the price set if the price is contrary to our analysis
full member
Activity: 297
Merit: 100
June 19, 2019, 01:42:02 AM
Okay,  this feature can be found in forex and binary,  but does that mean that people are not losing when they trade forex and binary?  Nope, you will lose at sometimes. Well,  the good thing about stop loss is that it will minimize the losses that you should have encountered in the trade, and that's if you use it the right way. And stop loss can sometimes make you miss out on huge gains if you're not there to direct your trade once is stops. Your stop loss might be set at a small percentage and if you're trading a market that is highly volatile, price can drop and the stop loss will be executed, the next thing you know the price starts going up.
newbie
Activity: 108
Merit: 0
June 17, 2019, 07:06:26 AM
Any news about mpcx's bonuses during the IEO? I couldn't find them on https://mpcx.co/
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
March 25, 2019, 09:02:41 PM
There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?

The stop loss feature is a useful feature that should be used with extreme caution, although it is a useful feature for everyone. Unfortunately, this feature is used incorrectly by many people. The use of very low stop stop loss will often cause damage in sudden price fluctuations and should be used at an ideal price range. Furthermore, it is necessary to be selective in the field and service that it is used in every service since this is not working perfectly.

I agree. I think most of the sudden dumps have been affected as well by trades hitting stop losses without the traders even being aware. It iss helpful for loss control that's for sure. But if not used correctly, it affects the market also.  I use stop loss but i check first the suggested percentage on when to use it.
full member
Activity: 812
Merit: 102
March 25, 2019, 04:40:57 PM
I think this is a great innovation. Because it is not always possible to sell a coin on time before it falls very much. And stop loss function helps to trade successfully.
hero member
Activity: 1694
Merit: 629
March 25, 2019, 11:41:47 AM
There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?

The stop loss feature is a useful feature that should be used with extreme caution, although it is a useful feature for everyone. Unfortunately, this feature is used incorrectly by many people. The use of very low stop stop loss will often cause damage in sudden price fluctuations and should be used at an ideal price range. Furthermore, it is necessary to be selective in the field and service that it is used in every service since this is not working perfectly.
legendary
Activity: 3346
Merit: 1191
March 25, 2019, 05:58:14 AM
Stop loss is a good feature, I use it in two cases when I plan to short or to simply quit from that investment. Shorting is with bitcoin or some other main coin, that you believe in long term. I bought and prices is going down, I have my stop loss activate at some mark, when price touch that mark I`m reviewing situation and waiting for price to drop more and buy. With unknown alts, shitcoins stop loss is for a reason that if price goes down there is not going back up, so just quit that investment, you had some loss, get over it, learn something from that and continue.
full member
Activity: 714
Merit: 100
March 25, 2019, 05:28:07 AM
There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?

well, sometimes there is no use of stop loss. especially when you don't use margin trading
copper member
Activity: 1218
Merit: 1
March 25, 2019, 04:54:28 AM
I had such a moment on my binance, I did not put a stop and lost 30% of my capital, the first time I saw this, the price was simply punched down placing orders at 120 BTC.
sr. member
Activity: 1078
Merit: 256
March 25, 2019, 03:49:49 AM
There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?
I don't really understand the feature, many people say that such features will only increase the risk of trading. In trading I prefer the manual method, even though there are many new bot features or make it easier to trade but I prefer the manual method, for me the manual method calms me more when trading, even though the negligence of time can be detrimental to manual traders.
It's a must not to use things that you are not familiar with, but if you are also open for changes then stop loss can also be consider, most of those day traders use this to avoid certain loses when a big dumped happen to the market, this feature can be an asset for your advantage as long as you are open for any possible  advancement from this field.
jr. member
Activity: 378
Merit: 1
March 25, 2019, 03:44:27 AM
It's useful feature when you are not focusing too much on trading.
Usually I'm also see this feature on any  gambling and exchange site to I can minimalize the risk of being loss.
I think if some exchange still not have feature, they should think to add it because it will attract more investor
It is really a very good feature that investors or traders need to review regularly and use but people should not be too subjective with that because every exchange always has a large number of participants at the same time, that often creates problems such as delays or errors in the loss cut process, many similar cases have occurred and created many regrets. Therefore, even if we set up a stop loss, we should constantly observe the market at important stages, make sure every process is completed right before our eyes
legendary
Activity: 2030
Merit: 1028
March 24, 2019, 10:13:08 PM
#99
It's useful feature when you are not focusing too much on trading.
Usually I'm also see this feature on any  gambling and exchange site to I can minimalize the risk of being loss.
I think if some exchange still not have feature, they should think to add it because it will attract more investor
sr. member
Activity: 1274
Merit: 252
March 24, 2019, 09:54:19 PM
#98
There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?
I don't really understand the feature, many people say that such features will only increase the risk of trading. In trading I prefer the manual method, even though there are many new bot features or make it easier to trade but I prefer the manual method, for me the manual method calms me more when trading, even though the negligence of time can be detrimental to manual traders.
legendary
Activity: 2534
Merit: 1397
March 24, 2019, 09:44:23 PM
#97
it is best to give up to trade no more than 5% of the total deposit, but this first and foremost depends on the real workload of the market.
I don't agree on this, that the system should adjust for every trades of a trader. That is no Risk Management anymore. A trader should practice risk management without any kind of that feature of exchange, stop loss is the one can help, if that happens, the trader will become more dependent on the exchange, he can't control his funds anymore or emotion on trading.
member
Activity: 472
Merit: 10
March 24, 2019, 08:37:44 PM
#96
Stop loss feature is very important, if you are a newbie and not very well-experienced trader then it can minimize your losses. It is very important for newbies to use it in their trading.
sr. member
Activity: 756
Merit: 250
March 24, 2019, 03:35:06 PM
#95
Trading without stop loss, the same like gambling that you can loss 90% more.
Trading is already a gamble, but having a stop loss is the way that you can minimize the risk or cutting your losses to become lesser so that in your next trade, you have a possibility to take a huge profit. Stop loss is also one of the best ways for Risk Management, in trading, risk management's important tool is the stop loss. There are also some exchanges that have two kinds of stop-loss, the LIMIT and MARKET stop loss.
LIMIT Stop-loss - You have to manually set the price when you will close your position.
MARKET Stop-loss - This will automatically close your position, once the last price is hit, based on your input on stop loss.
In most exchange, the LIMIT stop-loss is only available. MARKET stop-loss is rarely used.
anyway, any exchange must provide opportunities with a dynamic leverage and an isolated leverage so that the trader has a choice. But according to their conviction and experience, it is best to give up to trade no more than 5% of the total deposit, but this first and foremost depends on the real workload of the market.
Even if the trader will make a large amount of deposit on the trading platform, in any case he will control not only his funds, but also the real state of the market. Today, risks have increased several times compared to trading opportunities in 2016 and 2017.
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