Topic: Stop-Loss ideas (Read 1430 times)
when your funds is too low and your chosen coins will be go in dip, you shoulf stop loss or cut loss. but in my own opinion before you do it make sure you have another chosen coins in active to survive your loss. and gain profit to it.
I know how to do stop loss but i never do that before . Its better to set it to auto sell when reached half on your investment . Well for me we dont need to do that . I always trust my investment or should i say i analize it well before investing my money . So when it dumps ill just wait until it reached my target
Stop loss is important when you trade so that you can prevent being dumped on and if the price goes lower and you already lose half of the value of your account then you would wish that you should just have sold it when price was way above. Crypto is so volatile so there would be times when it reached your stop loss and then shoot up in which case you will miss out some profits but there are other opportunities to trade. You should always manage risk because it will burn your account if you don't use stop loss. The lower the price gets, the higher the percentage it should go back up in order for you to at least break-even so you might want to think twice of using stop loss or not. Example below:
Percentage Loss Percentage Rise for the Price to Break Even
5% 6%
10% 11%
20% 25%
30% 43%
40% 67%
50% 100%
If you lose half of the value of your position then it needs to double in price in order for you to break-even.
I think that with any one of us, we should give ourselves a stop-loss to avoid any undue losses. I always keep a 5% -10% Stop-Loss rate if at that level I will withdraw money. To preserve our capital from being too severely damaged. The most important aspect of this game is your greed, the greed you get, the bigger you get. I made such mistakes and after one night I lost 97% mine. Percentage Loss Percentage Rise for the Price to Break Even
5% 6%
10% 11%
20% 25%
30% 43%
40% 67%
50% 100%
If you lose half of the value of your position then it needs to double in price in order for you to break-even.
Hello; I'm pretty new at trading crypto. I'm interested about thoughts and strategies about stop-loss percentages and strategies you guys use. at first I would not sell at a loss regardless my motto was "at least 5% profit, always" but if I want to trade more with a limited budget, I need to back out from certain coins even at a loss. that's why I'm interested about this topic.
Yes the back out you talking about is the first thing that we should always care about. For getting successful trade we must always keep the loss track and even if it is good coin and we know that it will come back one should always stop the loss. I do this because there is always vulnerability of the coin going more down than what we are seeing. If it does then it gets very hard to come back from the situation like that. There is also one more strategy one can apply and thats buying the coin (the good one) but with -% of signals currently. Because it gives you pre idea that once the coin is in green zone we are ready to sell! The last week was the amazing one and I earned huge with this strategy on. Hope that the negative signs come up again soon!
Frowsiter first you say that we know that good coin will come back, if
good coin will always recover price then why you say "one should always sto
the loss"?
I bought some bitcoins for $4300, soon after price dropped to $3000. I did
not stop cause I knew it will recover, now I am in profit. Choosing coin for
investing in it and having faith is important. Stopping loses is strategy for alt-coins
that are unstable. Always invest in bitcoins, stable alt-coins with future, and wait.
If you wish to be a trader you need to know how to notice peaks and dips. If you
do not know how to do it you need to practice.
Hello; I'm pretty new at trading crypto. I'm interested about thoughts and strategies about stop-loss percentages and strategies you guys use. at first I would not sell at a loss regardless my motto was "at least 5% profit, always" but if I want to trade more with a limited budget, I need to back out from certain coins even at a loss. that's why I'm interested about this topic.
Yes the back out you talking about is the first thing that we should always care about. For getting successful trade we must always keep the loss track and even if it is good coin and we know that it will come back one should always stop the loss. I do this because there is always vulnerability of the coin going more down than what we are seeing. If it does then it gets very hard to come back from the situation like that. There is also one more strategy one can apply and thats buying the coin (the good one) but with -% of signals currently. Because it gives you pre idea that once the coin is in green zone we are ready to sell! The last week was the amazing one and I earned huge with this strategy on. Hope that the negative signs come up again soon!
I think there is no way you can stop loss in business expect you want to stop business
Agreed with this. Actually there is no business in this world that is without loss. Whenever someone is trying to get into business, he is advised and counselled in a better way to make himself ready for the fact that loss is always there align the way. So there is no need to worry about loss and profit. You only have to work hard and rest must be left on luck for results. 
Unlike Stock market, Stop loss technique is not much successful in crypto-market especially in case of alt-coins. As Crypto market is quite more volatile than the Stock market, being totally decentralized have no control of any agency, it may easily show fluctuation up to 40-50% in just a few hours. If you are a trader than always keep a keen eye on your coin movement and take buy/sell call immediately.
Hello; I'm pretty new at trading crypto. I'm interested about thoughts and strategies about stop-loss percentages and strategies you guys use. at first I would not sell at a loss regardless my motto was "at least 5% profit, always" but if I want to trade more with a limited budget, I need to back out from certain coins even at a loss. that's why I'm interested about this topic.
Stop loss strategy is one of my favorite strategy. We can just prevent more loss buy selling coin in some percentage.
But recently, i more prefer to use averaging strategy in crypto. Since altcoin normaly will go back again after some time.
I also prefer averaging rather than setting a stop loss. Sometimes I even hold coins even when it dips too hard just because I am confident on their technology. You understand your TA. If you think it will come back sooner then maybe averaging is nice but if it says it will take time or it is unpredictable then take the loss.
Hello; I'm pretty new at trading crypto. I'm interested about thoughts and strategies about stop-loss percentages and strategies you guys use. at first I would not sell at a loss regardless my motto was "at least 5% profit, always" but if I want to trade more with a limited budget, I need to back out from certain coins even at a loss. that's why I'm interested about this topic.
Stop loss strategy is one of my favorite strategy. We can just prevent more loss buy selling coin in some percentage.
But recently, i more prefer to use averaging strategy in crypto. Since altcoin normaly will go back again after some time.
Stop loss is important when you trade so that you can prevent being dumped on and if the price goes lower and you already lose half of the value of your account then you would wish that you should just have sold it when price was way above. Crypto is so volatile so there would be times when it reached your stop loss and then shoot up in which case you will miss out some profits but there are other opportunities to trade. You should always manage risk because it will burn your account if you don't use stop loss. The lower the price gets, the higher the percentage it should go back up in order for you to at least break-even so you might want to think twice of using stop loss or not. Example below:
Percentage Loss Percentage Rise for the Price to Break Even
5% 6%
10% 11%
20% 25%
30% 43%
40% 67%
50% 100%
If you lose half of the value of your position then it needs to double in price in order for you to break-even.
Percentage Loss Percentage Rise for the Price to Break Even
5% 6%
10% 11%
20% 25%
30% 43%
40% 67%
50% 100%
If you lose half of the value of your position then it needs to double in price in order for you to break-even.
Stop-loss has occurred in bourses such as bittrex and Poliniex. It helps the investor set the selling price when the price is falling. This is a good way to limit losses.
This is very important to set stop loss when trading in any altcoins. This could really helps anyone to get rid of loses, because some traders doesnt use this stop loses that is why most suffer loses of funds. 
Stop-loss has occurred in bourses such as bittrex and Poliniex. It helps the investor set the selling price when the price is falling. This is a good way to limit losses.
Lost limit is quite important in trading, but rather than seeing from the chart, I like to combine it with the news, so if the price is drop I will find out the reasons why the price is falling, if there is a big chances that it will bounce back then I will not used the loss limit, the example situation was when China want to shut down exchanger, at that point bitcoin was down severely, but because I knew that it will bounce back, I ignore the lost limit
But when you trade alt coin you need to implemented the loss limit, you can lost all your money if you keep on holding the coin when the price is dropping
But when you trade alt coin you need to implemented the loss limit, you can lost all your money if you keep on holding the coin when the price is dropping
One of the keys to trading is risk management and to do that you need to first define your risk which is done by using stop losses.
As for how to do it, well, the idea is simple enough. You place the stop at a price where your trade is in failure, as for how to know what that pointiis that's up to you and the system you employ.
The other thing to consider with stop losses is that you need to manage them (or not) while you're in the trade. So if you're long bitcoin @ 5200 and it bumps to 6800, you may want to move your stop in to protect your profit . . or take some profits off the table and let it run. . . or both.
There's a stop strategy out there I found useful in *some* trending markets called the chandelier stop.
Here's an article on it:
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chandelier_exit
Enjoy!
As for how to do it, well, the idea is simple enough. You place the stop at a price where your trade is in failure, as for how to know what that pointiis that's up to you and the system you employ.
The other thing to consider with stop losses is that you need to manage them (or not) while you're in the trade. So if you're long bitcoin @ 5200 and it bumps to 6800, you may want to move your stop in to protect your profit . . or take some profits off the table and let it run. . . or both.
There's a stop strategy out there I found useful in *some* trending markets called the chandelier stop.
Here's an article on it:
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chandelier_exit
Enjoy!
Stop loss is a trading tools used by veteran and a good newbie trader. It is used to reduce loss which is inherent in trading. Stop loss is the major part of trading plan and also its opposite which is take profit. As part of a trading plan if when followed will keep you long in the trading
business compare to another trader who has no such tool as stop loss. With stop loss you can decide how much you will lose per each entrance to the market and set the price. If the market goes against you the stop loss price will be triggered and remove you from the market and safe the remaining asset which you can still use and continue your trade when another trading opportunity breaks out.
business compare to another trader who has no such tool as stop loss. With stop loss you can decide how much you will lose per each entrance to the market and set the price. If the market goes against you the stop loss price will be triggered and remove you from the market and safe the remaining asset which you can still use and continue your trade when another trading opportunity breaks out.
I don't know if the stop-loss mechanic is such a good idea when trading crypto; more than often one gets a coin for a certain price, then value drops 40% or so below said price, after which the price absolutely skyrockets. You would basically deny yourself a possible substantial future profit in many cases when you actually implement a stop-loss tactic.
Money management and stop loss technique is always quite helpful while trading in stocks or crypto. I agree that crypto is more volatile as compare to stocks and show some unusual moves, but if you want to play long, these techniques will help you to exit at the right time after booking reasonable profit. Moreover stop loss will help prevent your capital to stuck in a non performing coin for long time.
Hello; I'm pretty new at trading crypto. I'm interested about thoughts and strategies about stop-loss percentages and strategies you guys use. at first I would not sell at a loss regardless my motto was "at least 5% profit, always" but if I want to trade more with a limited budget, I need to back out from certain coins even at a loss. that's why I'm interested about this topic.
It is nice to trade with stop loss. When you apply the stop loss rule, it means you have become a "master " of your trade and decision which is the first angle. The second is that, you are not being too greedy to fight the market or force it to go back to profit because the market will always do its own bidding not the trader's ; so that when the trader is able to " read " the direction of the market, the profits trickle in.
Then, the best part /idea why good traders implore stop loss is that, it gives you the opportunity to get back to the market with your balance. Good luck.
I do not think stop-loss strategy is a good one in trading crypto currencies. Because almost every time the price fluctuates quite a bit before it takes a steep path upwards, so selling in a loss whereas a sure profit is just at the next station, isn't advisable.
Even though at poloniex, the option is available, but I don't think its good to use, unless you're into very short term (in minutes or max. a few hours) trades.
Even though at poloniex, the option is available, but I don't think its good to use, unless you're into very short term (in minutes or max. a few hours) trades.
I think there is no way you can stop loss in business expect you want to stop business
Before I tell you stop loss ideas based on elliotwaves you must first recognize swing, if you know that , than it should be five pips above or below the swing high or swing low plus spreads. Example in fifth wave it should be five pips above leg B high when it has started C leg and crossed A leg
Jump to: