Stop Loss Trading - page 12. | Bitcointalksearch.org

iram1011

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Quote from: ricseb on December 26, 2017, 05:35:40 AM

Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.

ricseb

Protective stop loss are very important in trading for maintaining risk-reward ratio. I can't tell you exactly where to put stop losses as it needs to be combined with technical factors at that particular market condition. One should consider the volatility of market while choosing a stop loss. More the volatility, loser should be the stop loss. But here also a trade off exists, a stop loss can't be placed too close/far which can lead to unwanted liquidation/huge loss. You need to find a middle ground which can only be analysed using technical analysis.

So, you can't ask others where to place your stop loss, you need to figure it out yourself depending upon the market condition and how risky the trade is.

lushlife

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Learning to use stop-loss is very important, because stop-loss minimize our loss. 2-5% for day trade is great

ShineftChaos

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I LOVE ADABS

Quote from: ricseb on December 26, 2017, 05:35:40 AM

Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.

ricseb

If you want to stop loss on trading then just hold your coins for today and wait for the price in the market to pump up again, in this way you will avoid losing more of your coins since the market prices are still dumping.

albos

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fluctuation of cryptocurrency trading is high so a stop loss is a must.
Percentage of stop loss should be less than take profit, for example stop loss 15% and take profit 20%.

orka39

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Quote from: ricseb on December 26, 2017, 05:35:40 AM

Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.

ricseb

Stop loss is very advice in trading.
But As i know, stop loss in cryptocurrency trading is very unique. I mean stop loss is till the price zero.
No more people use stop loss in crypto trading because the price will be back to high price again. Thats typical crypto trading.

Makrochain

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Quote from: BitProNews on December 26, 2017, 11:47:25 AM

easy make two orders for each coin you wanna trade; one to sell in high price and other to buy in low price so you are winner in both cases of dump or pump. This is my strategy for my trades but yo should choose a coin with a high volume trade. You can try it with multiple coins and you will easly see the difference beside all other strategies.

I think at the present time due to the bad news from the Tether coin as well as the US government has greatly influenced the price of Bitcoin at the moment. We can see the bitcoin price has fallen by 10% in 24h, I bought bitcoin at $ 12400 and now I have lost more than 10% already. I am very worried about how bitcoin can adjust prices. I put a stop loss rate of 15-20% and now I'm very worried.

nasipadang

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Quote from: ricseb on December 26, 2017, 05:35:40 AM

Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.

ricseb

First you have to have speculation on what price i will cutloos or release profits, it is not advisable to buy cryptocurrency at random, information is also needed here because if there is no latest information about coin that is hold, better for cut-lose but if you want to take a risk then hold it.

Marrionbitcoin

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Quote from: ricseb on December 26, 2017, 05:35:40 AM

Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.

ricseb

We cannot actually stop the loss because we cannot easily predict what will happen in the future.
For me, if you have invested coins and you are incurring losses, the best strategy is to just hold it and be patient for the price to rise up again.
Actually, you are not incurring actual loss but only a paper/virtual loss so if you will withdraw it then that is realised loss in accounting term.
I would suggest that just hold and take it as opportunity to buy additional coins because the price is low and then hold until it rises up again.

Tamilson

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Quote from: JCLee on January 29, 2018, 10:46:48 PM

Stop loss in trading is needed, if I trade trash coin I often cut my loss about 5 - 10% but with other cryptocurrency has good potential like XRP, IOTA, NEO,...I often don't do that

), I just buy and hold then sell them out when I feel it's enough. But sometime I still lost because of my wrong decisions. LOL. Maybe I'll try to use a trading signal in the near future

)

I don't think it's a good idea for selling your shitcoin even you want to cut loss because you can't never tell what exactly their future to be like, take verge as an example, this is just a shitcoin before but now became a promising one. So holding is still the best way to profit and if you want to cut lose maybe you can forget it and calm yourself as you can't get back those losses by selling in dump price.

blue_nexus15

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█ J A X N E T W O R K █

Stop Loss trading is a very important thing to preserve your capital during the downturn and you can not react quickly. Always remember to put the stoploss from 10% - 20% to get back the capital if market unfortunately goes down too deep. I often use stop loss and I am very happy about this feature. Do not be too greedy in this market, as you will probably lose everything.

Sum24

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Quote from: ngacengan on January 30, 2018, 09:32:49 AM

Quote from: ricseb on December 26, 2017, 05:35:40 AM

Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.

ricseb

stop losing just the same you sell the coin you have, you should not do akrena if you sell the coin then you get the loss, you should save and hold the coin you have and believe the price will definitely come back up in the future or a few months which will come.

For sure holding is best for all! most of people use to sell bitcoin at he ,id of trading and they do not show patience for bitcoin this way they sell at LOSS, price of bitcoin is increasing and trading is also now very common so no worries buy bitcoin trade but for long term not only day trading because day trading is not so profit worthy; it is your own benefit so work on it you will surely get profit instead of lose.

ngacengan

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Quote from: ricseb on December 26, 2017, 05:35:40 AM

Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.

ricseb

stop losing just the same you sell the coin you have, you should not do akrena if you sell the coin then you get the loss, you should save and hold the coin you have and believe the price will definitely come back up in the future or a few months which will come.

Viscore

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Quote from: Ararbermas on January 30, 2018, 12:55:58 AM

To stop loss in trading is so difficult mate.. And i think no one can prevent on it because also of the market situation nowadays which is so volatile and perhaps no one can predict when will be the price goes down and up even though we always monitoring the market graph because the price of all cryptocurrency is very unpredictable.

Losing is inevitable but if you will continue to do the same mistakes over and over then there is no room for success for you.
You have to make sure you learn while you continue your journey in trading, "stop loss in trading" is just a feature in some trading sites but if you do not know how to properly use it, it will not help you to succeed.

Ararbermas

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To stop loss in trading is so difficult mate.. And i think no one can prevent on it because also of the market situation nowadays which is so volatile and perhaps no one can predict when will be the price goes down and up even though we always monitoring the market graph because the price of all cryptocurrency is very unpredictable.

carter937

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Quote from: ?? on ??

Whenever I think the market may be down Then I gave stop loss.When the Bitcoin is pumping, the altcoins are likely to be dumping.Altcoins are pump when bitcoin stable.Stop loss will generally use 10%-15%.

I know this is a new market and luuoon fluctuate constantly, I often see people when they hear the bad information about bitcoin, then sell to save the capital, But such a move is not very Well it will make the price of bitocin deeper. I usually put a stop loss at about I think is quite high 10% -15% depending on market information after technical analysis.

Makrochain

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Quote from: ricseb on December 26, 2017, 05:35:40 AM

Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.

ricseb

I think that in order to minimize the damage caused by the trade, we should all set a stop loss mark so that we can preserve our investment at a safe level. For me, I usually leave a 5% -10% Stop Loss rate for every penny I invest. I think that is a safe level that you can accept. You want to trade safely so choose this Stop Loss level.

JCLee

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Stop loss in trading is needed, if I trade trash coin I often cut my loss about 5 - 10% but with other cryptocurrency has good potential like XRP, IOTA, NEO,...I often don't do that

), I just buy and hold then sell them out when I feel it's enough. But sometime I still lost because of my wrong decisions. LOL. Maybe I'll try to use a trading signal in the near future

)

notaek

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Quote from: ricseb on December 26, 2017, 05:35:40 AM

Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.

Stop loss isn't really needed but recommended to those who can't suppress their greed.
Implementing stop losses is like having a support barrier on which you have no control of. I am totally against it.

Quote from: NeverSop on January 29, 2018, 06:43:55 PM

Stop Loss in trading helps you to preserve your capital to reduce the damage to your assets. This is a great way to preserve the assets of investors, and I often use stop-loss after buying good altcoins. Because the cryptocurrency market is so volatile, the most important thing for you now is to preserve your capital so you can invest as the market recovers.

If you can truly read and understand bollinger bands, you don't need stop losses to begin with.

anti-scam

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COINECT

Quote from: NeverSop on January 29, 2018, 06:43:55 PM

Quote from: masudRtarek on January 29, 2018, 06:03:06 PM

If you have to use any kind of income side. Loss and direction will be seen before. For that Stop Loss Trading

Stop Loss in trading helps you to preserve your capital to reduce the damage to your assets. This is a great way to preserve the assets of investors, and I often use stop-loss after buying good altcoins. Because the cryptocurrency market is so volatile, the most important thing for you now is to preserve your capital so you can invest as the market recovers.

Greed makes us forget to do that, when we are in danger, and potentially suffer huge losses.
Holding is very boring and full of uncertainty, but stop loss sometimes makes us regret. there is war and that is the importance of emotional management.

e19293001

jr. member

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There was a time when I hit the stop loss, sold it then the price
went higher. Now, I don't use stop loss. When the price goes
down, I just wait until I gain. Just hodling for some time.

Topic: Stop Loss Trading - page 12. (Read 2362 times)