Stop loss feature in Exchanges - page 6.

darthmaul

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Quote from: nattykio on September 06, 2018, 07:37:46 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?

Its awful that you recognised that feature by today only. Thats old one and people use it all the time to have the benefits of autonomous trading. Stop-loss is great help when you have to go for the long term trading and you have no time to look over the trading charts, patterns, come online all the time and try to grab those little % profits. I guess with the stop loss things have gotten very much easy where you can simply set the loss % and how much profit to take % so that your trade becomes automatic one. If your coin is falling below your stated % then it will automatically stop your loss and thus you will not loose anymore than that if you are not around the coin trading. Similar thing happens with the profits taking too. :-)

lovelyababio

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I believe in stop loss in order to protect or lock gains

Dreamace7

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Stop loss can be helpful when you are trading without paying much attention to it, or if you have other engagements.
The human factor is always preferred as a stop loss setting can pull you out of most trades, in which the trend is about to reverse, and later you join way up in the rise.

KuromaYoichi

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What do you mean recent addition, it's been there since long time ago, infact i remember to use it when poloniex is still the best exchange, bittrex and binance also has it. In my opinion a good exchange must have that feature as i use it a lot, my stop loss get triggered this morning so i don't loss anything otherwise i'll lose about 10%.

boyshx

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Quote from: nattykio on September 06, 2018, 07:37:46 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?

That is not the recent addition but it is there since the first launch of exchanger. I don’t understand how people don’t see this feature when they trade over an exchanger. Every exchanger that you see in the market is always having that limit market trading tab where you can have stop loss feature enabled and work over your % profits and losses and set up your own strategy. This way you can always have good trades if you are going to do the long term trading. This feature is not for those who are not patient enough and may close the trades very fast over the time.

danherbias07

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Quote from: butka on September 06, 2018, 07:55:02 AM

You should be careful when using the stop loss feature. Institutional investors use the fact that many people set stop losses (as they are usually taught to do) to artificially engineer liquidity in the market. Moreover, they intentionally trigger the obvious stop loss levels by pushing the price toward them. For example, if their real intention is to go long, they may push the price below a certain level they know most of the retail investors set their stop losses at, and then, when these levels are triggered they can have enough liquidity to go long. If you don't want to get burned in such a way, better learn how these things work and how to identify institutional manipulations before getting into this stop loss feature.

Thank you for that explanation.

I havent seen one with this kind of feature yet.
I am a manual trader which looks at the market for a long time before buying and selling and yet havent bumped to this kind of feature.
Looks like it is a risky one too which will just add another problem.

Reading some of it and it made me feel dizzy. I will just stay with my own thing with small profits. Grin

leonix007

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Quote from: Asyifiah on September 06, 2018, 09:17:09 AM

I haven't been trading for a long time , please specify an exchanger that has a stop loss feature.
I think this is very good for new trader if they not know situation market , Are there additional costs for the feature ?

almost all exchanges has this feature

Look for Stop Limit functions, and Conditional in bittrex

in Bitmex, you can do trailings aside from Stop market and profit takings

Cost is per transactions open and closed

cryptorima

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Quote from: nattykio on September 06, 2018, 07:37:46 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 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.

Asyifiah

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I haven't been trading for a long time , please specify an exchanger that has a stop loss feature.
I think this is very good for new trader if they not know situation market , Are there additional costs for the feature ?

bob3772

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Quote from: nattykio on September 06, 2018, 07:37:46 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 essential to remaining profitable and having to do it manually is not always a possibility as it means constantly watching the market. Of the major exchanges I use none yet have this feature but it would be the number 1 thing on my wish list.

francesyrus

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Quote from: nattykio on September 06, 2018, 07:37:46 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?

Exchanger sites will have the edge on this because they can earn fees everytime we make transactions. Stop-loss strategies will be profitable when the coin we invested if it decreases more and when we make a buy back at much lower amount. I think still holding still the best strategy to have profit.

butka

full member

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You should be careful when using the stop loss feature. Institutional investors use the fact that many people set stop losses (as they are usually taught to do) to artificially engineer liquidity in the market. Moreover, they intentionally trigger the obvious stop loss levels by pushing the price toward them. For example, if their real intention is to go long, they may push the price below a certain level they know most of the retail investors set their stop losses at, and then, when these levels are triggered they can have enough liquidity to go long. If you don't want to get burned in such a way, better learn how these things work and how to identify institutional manipulations before getting into this stop loss feature.

ylnar123

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Quote from: nattykio on September 06, 2018, 07:37:46 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?

What exchanges add that kind of improvement in their site? Maybe they have studied about the outcome of this addition that's why they implement it. But in my thought, this will not improve the trading experience if the trader is reckless in doing the trades without minding the loss possibility.

nattykio

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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?

Topic: Stop loss feature in Exchanges - page 6. (Read 20633 times)