Stop Loss Trading - page 13. | Bitcointalksearch.org

creeps

full member

Activity: 742

Merit: 144

Quote from: Granxis on January 29, 2018, 05:40:41 PM

There have been a lot of losses since stop-losses did not work for some time. For this reason I do not use stop-loss. Stocks are not guilty, stop-loss is not working because of bots.

If you are into trading, better to do it on your own because you are supposed to monitor the market as a trader and if you cannot do it you will surely loss the money. Cutting losses is really advisable sometime specially for the traders, this is how risky the market is.

KennyR

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Activity: 2310

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Trading is truly an unpredictable thing and here trading without experiencing loss is something impossible to attain. Because the market varies with time, sometimes the same leads to profiting and the unexpected fluctuations leads similar to the one happened recently causing a massive loss to lots of traders.

NeverSop

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Activity: 518

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HODL

Quote from: masudRtarek on January 29, 2018, 05:03:06 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.

Granxis

hero member

Activity: 1400

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There have been a lot of losses since stop-losses did not work for some time. For this reason I do not use stop-loss. Stocks are not guilty, stop-loss is not working because of bots.

masudRtarek

newbie

Activity: 8

Merit: 0

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

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: Theb on January 26, 2018, 04:47:26 AM

I cannot recommend anyone to use the stop-loss feature in an exchange as you will literally incur what was before your paper loss. I would rather do a preset of stop gain where you can still profit from your trade as it is still better than losing money. Before in trading I am practicing stop loss in my trades but then that is when I notice that it is slowly taking away my gains that is why I created a better plan in which I set my target prices so that I know when to sell.

Having a stop loss isnt bad but those things should really be putted on reasonable ranges or spot 10-15% might do because markets arent predictable anytime it can go into opposite side which means when it hits up your SL then it would minimize loss. It would really decrease profits but yet much better since not all profits being affected. Stop gain is always been used but mostly i do make use this on long term trades.

Magnum Cryptopus

newbie

Activity: 17

Merit: 0

Stop loss can be a good strategy, but it can be very dangerous.
Actually, as all trading softwares have this kind of protection, in crisis situation a chain reaction will stars, usually with devastating results.

thenachoguy

newbie

Activity: 36

Merit: 0

Quote from: BitProNews on December 26, 2017, 10:47:25 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 you lose themoney from one trade and gain from the other, so you end up even, what's the point of it '

gantez

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Activity: 1736

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Quote from: ricseb on December 26, 2017, 04:35:40 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 one strategy that makes a trader to have another opportunity to take another shot at the market, it is considered as one of the important tools for an "experienced" trader. In order words, if you stop your loss when market turns against you, you can re-enter the market and regain your lose but you can lose everything if you do an open trade and this is caused by greed and immaturity in the market.

Use stop loss in every trade you order, it helps.

BillCoin

sr. member

Activity: 476

Merit: 259

Quote from: DexterRock on January 26, 2018, 07:21:15 AM

Quote from: metribitcoin on January 25, 2018, 07:03:00 AM

Stop loss is very important in trading because that feature will be reduce the loss and to minimize the risk. And percentase of stop loss should be less than take profit, for example stop loss 20% and take profit 35%. Stop loss very important in crypto trading because fluktuasion of crypto so high.

At the same time 20% move in a cryptocurrency price is not unusual and almost guarantees that your stop loss will be hit. Yes however it does limit your losses to the stop loss level.

It really depends on what coin you are looking at.
Bitcoin's fluctuations are not so strong compared to other altcoins, so if you trade at bitcoin 5%-10% stop loss could also do the work.

In order to use stop loss correctly you need to have some knowledge at trading, you need to find the right support level and to place the stop loss below that/close to that, so the stop loss will be enabled when you have an advantage over the market.

Usually placing stop loss without knowing exactly where you place it would do worse then good.

DexterRock

newbie

Activity: 37

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Quote from: metribitcoin on January 25, 2018, 07:03:00 AM

Stop loss is very important in trading because that feature will be reduce the loss and to minimize the risk. And percentase of stop loss should be less than take profit, for example stop loss 20% and take profit 35%. Stop loss very important in crypto trading because fluktuasion of crypto so high.

At the same time 20% move in a cryptocurrency price is not unusual and almost guarantees that your stop loss will be hit. Yes however it does limit your losses to the stop loss level.

Manchumichael

sr. member

Activity: 630

Merit: 250

Quote from: Theb on January 26, 2018, 04:47:26 AM

I cannoy recomment anyone to use the stop-loss feature in an exchange as you will literally incur what was before your paper loss. I would rather do a preset of stop gain where you can still profit from your trade as it is still better than losing money. Before in trading I am practicing stop loss in my trades but then that is when I notice that it is slowly taking away my gains that is why I created a better plan in which I set my target prices so that I know when to sell.

This method is only advisable for experts in trading. A small capital traders will do 3 to 5% margin, and big capital trades will do more than 10%. But I am not an expert in trading I tried this method but not succeed lost few bucks. Now I am making a normal trade, and I will never sell my coins for loss.

gwapo.zylle

newbie

Activity: 196

Merit: 0

Quote from: ricseb on December 26, 2017, 04:35:40 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

Yes I agree because we need some views of other professionals for us to determine which is which in that case we will be guided for your help.
Thanks !

natsu01

member

Activity: 392

Merit: 21

There are really some traders that always loss their money in trading because of not having a good strategies or techniques in trading. If you buy some crypto you must focus on the crypto that you are hooldings so that you can be updated when is the pump or dump of your altcoin.

Theb

hero member

Activity: 1680

Merit: 655

I cannot recommend anyone to use the stop-loss feature in an exchange as you will literally incur what was before your paper loss. I would rather do a preset of stop gain where you can still profit from your trade as it is still better than losing money. Before in trading I am practicing stop loss in my trades but then that is when I notice that it is slowly taking away my gains that is why I created a better plan in which I set my target prices so that I know when to sell.

St4yInTh3D4rk

sr. member

Activity: 686

Merit: 264

"STAY IN THE DARK"

You are not lost anything until you sell them so never sell for loss,just keep your coins when the prices are dumping.Another basic or golden rule is Buy low and sell high this is the strategy we have to follow if we don't want to lose while trading.

yohaneshs

member

Activity: 406

Merit: 11

Quote from: ricseb on December 26, 2017, 04:35:40 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

You should learn about support and resistance to applicate stop loss in market.
sometimes we must calculate average price and lowest price in graph but sometimes we must know trending at the market.
stop loss just to minimize your lose in market, so every trader has a plan about percentage and maximum loses.

mico

full member

Activity: 172

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Decentralized Ascending Auctions on Blockchain

you have to need more experience to know. You need to see coins future by research the history and follow the information in the market to make right decision

BillCoin

sr. member

Activity: 476

Merit: 259

Hi and welcome.
Stop loss is a built-in trading order that helps you to risk management.

What it actually does, you decide a price level that below that your trade will be closed, and a trigger sell order at x price( you choose X) will be excecuted.
It is really helpful at situations when you are pretty sure that if a coin goes below X level( usually X is really close to a strong support level) then it would decrease in price even further, so in order to prevent yourself to exit the trade with a massive lose, the stop lose order triggers and exits you from the trade automatically.

Alex_nutis

member

Activity: 140

Merit: 11

Thank you for +Merit

I can say about the exchange bitfinex. Pay attention to the history of trading in coins: there are such falls that you can stay without a deposit share. On other exchanges stop the loss rescue.

Topic: Stop Loss Trading - page 13. (Read 2367 times)