Stop Loss Trading - page 3. | Bitcointalksearch.org

francesyrus

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Quote from: P2Pfinder on December 26, 2017, 04:45:51 AM

You must use Stop loss for each trade.

That is the thing I never use for my trades and because of that I loss almost 4ETH in total. I'm hoping that the one that I hold will back to its high value so that I recover that loss. So that in my next trades I will do the stop loss strategy and avoid big losses again.

entrepmind23

sr. member

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Quote from: hubballi on August 25, 2018, 05:58:11 PM

What you are telling is true but i think if you trade with StopLoss, then most of the time you will see that your stoploss will get triggered and then it goes back up so using stoploss is not good always it should be used according to the coin which you are trading.

You should study your coin first as to its volatility so that you will know how much percentage it is capable of swinging and then turn back up again. After all, it's one of the things you should do when you are doing technical analysis. When you observe that in the previous scenarios, they would sell below support then put your stop loss below that percentage so that you can avoid being triggered of a false break out.

Quote from: hubballi on August 25, 2018, 05:58:11 PM

If you are trading in BTC then i think using stoploss is not benefit as you know that if today the price is down then some time later it will go up. BTC price swings both side so many times in a day that stop loss will almost trigger most of the time.

I don't think BTC is an option to this because if you only hold your coin when it reach almost $20k then you are at a huge loss now unlike when you have a stop loss at maybe 10% then you maybe already had profit now or even at a break-even. I believe that stop loss should be applicable to all trading pairs without exception.

beverly788113

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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 in trading is absolutely necessary at this time when you trade, you can see that the market is fluctuating continuously and very hard to guess, bitcoin prices are constantly adjusting and I believe will remain can continue to be strong at any time. Therefore, you must always have a stoploss in your trading plan to minimize risk.

hubballi

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Quote from: xitrum on August 25, 2018, 05:50:34 PM

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 can see that with a market that is fluctuating continuously and it is difficult to predict the current trading day is very difficult, bitcoin prices can continue to drop at any time, so I believe you must always have a stoploss in the trading plan. The market will be more volatile as bitcoin prices are constantly adjusting.

What you are telling is true but i think if you trade with StopLoss, then most of the time you will see that your stoploss will get triggered and then it goes back up so using stoploss is not good always it should be used according to the coin which you are trading.

If you are trading in BTC then i think using stoploss is not benefit as you know that if today the price is down then some time later it will go up. BTC price swings both side so many times in a day that stop loss will almost trigger most of the time.

When you are trading in altcoin whose market strategy you dont know then using stop loss is good as it will save you if the coin goes dead and stoploss saves you with minimum loss.

xitrum

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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

You can see that with a market that is fluctuating continuously and it is difficult to predict the current trading day is very difficult, bitcoin prices can continue to drop at any time, so I believe you must always have a stoploss in the trading plan. The market will be more volatile as bitcoin prices are constantly adjusting.

khan149

copper member

Activity: 463

Merit: 251

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

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%.

Oilacris

hero member

Activity: 2996

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Quote from: Getcoinsite on August 20, 2018, 09:45:51 PM

Quote from: darkywis on December 26, 2017, 10:25:08 AM

Quote from: P2Pfinder on December 26, 2017, 04:45:51 AM

You must use Stop loss for each trade.

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

Indeed, I put a stop loss of 10%-20% on every trade I encountered because when bitcoin pumps hard all the altcoins will surely dump and takes time to recover or or even not. Its better to put some stop loss than to wait forever to pump back the coin you bought.

This is the most used strategy on all crypto traders and as the time i speak still being putted by more than half of crypto traders uses this but the percentage has been adjusted because of the badness of market movements most of us lower the profit target to atleast 5% and this amount is the best option nowadays or else losses will be in your front..like yesterday when i bought policypal token at .0051$ and gained 5% in the first hour after i withdrawn drops 8% if i waits for more than 5% i am another loser now so think first before you decide on what percentage to put

Sometimes short trades with specific stoploss do really need luck and intuition and I cant really deny to this thing since I do make shortings too which it isn't really too easy and not suitable on most traders.If you are emotional and doesn't have much idea on how to set things up then this wont really be for you. Stoploss of 5% and take profit is considerable.

Getcoinsite

sr. member

Activity: 714

Merit: 260

Quote from: darkywis on December 26, 2017, 10:25:08 AM

Quote from: P2Pfinder on December 26, 2017, 04:45:51 AM

You must use Stop loss for each trade.

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

Indeed, I put a stop loss of 10%-20% on every trade I encountered because when bitcoin pumps hard all the altcoins will surely dump and takes time to recover or or even not. Its better to put some stop loss than to wait forever to pump back the coin you bought.

This is the most used strategy on all crypto traders and as the time i speak still being putted by more than half of crypto traders uses this but the percentage has been adjusted because of the badness of market movements most of us lower the profit target to atleast 5% and this amount is the best option nowadays or else losses will be in your front..like yesterday when i bought policypal token at .0051$ and gained 5% in the first hour after i withdrawn drops 8% if i waits for more than 5% i am another loser now so think first before you decide on what percentage to put

katri

newbie

Activity: 140

Merit: 0

I don't use this kind of strategy.. Stop loss or cutting losses is simply saying. Allowing your capital to loss in a certain %. This is market and the nature is volatile so i would allow my self to loss my money. Market will always pumps up and i wait wait it until even it took for 2 years. If the coin i chose will be zero value then be it. I invested the amount that i am willing to loss.. Let them loss it all. This kind of investment is a gamble that must convince our self that anytime we may loss in space.

ShowOff

legendary

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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

i think if market or exchange support to stop loss fiture, use it but analyze yourself. If me, if not really deep coin that i already bought, i not use stop loss fiture because when i'm trading, i never use all my money to buy 1 coin. Always prepare back up.

usmanov123

full member

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Chikuntv

I know some very successful traders who dont use stop losses at all

raider150shifter

jr. member

Activity: 126

Merit: 1

If you're doing scalping/micro trading a 2-3% stop-loss
is recommended, if you're day trading I suggest not
to use the stop-loss.

Hiluxury Bitcoin

jr. member

Activity: 199

Merit: 1

Quote from: ShannonGarcia99 on July 28, 2018, 01:15:45 PM

Increasingly and on a larger scale, no one will be sure that stopping is justified. It is important that you have a plan for what to do next for the loss trading. It needs you to be really alert to analyze the market fluctuations to take the next logical step.

Now these are some basic rules and regulations that may be called golden rules. These are always implementable in any condition and their results are fantastic in that way too. Like one we are listening and reading more here, buy low and sell high. If this is implemented in any form of method to earn money, either it is trading or inviting or stock or anything, profit would be yours.

tothanhtuan

full member

Activity: 448

Merit: 100

Always have a deep out of the money buy order. Remember the flash crashes last year, you could get some good coins for cheap. And you may be one of the people who benefit in a chart like that in the future

@baracitamon

newbie

Activity: 126

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If you have a loss then you should choose the long term trading, do not rush to sell fast, the market is tending to decrease.

Gragal

jr. member

Activity: 126

Merit: 1

now we have to stop trading, because the price of bitcoin is not stable, I am waiting for the price of bitcoin to rise and also I will trade if the price of bitcoin improves, I am now waiting for the price of all coins to rise.

khan149

copper member

Activity: 463

Merit: 251

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

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%.

diger

newbie

Activity: 98

Merit: 0

Quote from: maxim000 on July 28, 2018, 01:19:14 PM

What makes a trader, a professional trader, is his ability to cut his losses not making a perfect move everytime. A professional can't time all the trends on time and correctly. It is near to impossible. Technical analysis has its drawbacks and it can't stand everytime. But when to cut your losses help you in maximizing the profit. Stop loss plays an important role in that. When to put tight or lose stop loss depends upon the particular coin and whether there is a pump incoming or how parabolic is the growth trend. No one can generally talk about stop loss because every market situation needs different type of stop losses.

I agree,it is always with a cool head,and if something went wrong he could make the right decision.The problem is that whenever beginners cons they lose the head and put everything I can .

diger

newbie

Activity: 98

Merit: 0

I have a friend who recently met.In the trade for more than 3 years (a trader in the stock market ) has Now come to the crypt, shows stable 20-30% per month .Stop Los it does not use ,from trades in short term .

maxim000

full member

Activity: 304

Merit: 100

What makes a trader, a professional trader, is his ability to cut his losses not making a perfect move everytime. A professional can't time all the trends on time and correctly. It is near to impossible. Technical analysis has its drawbacks and it can't stand everytime. But when to cut your losses help you in maximizing the profit. Stop loss plays an important role in that. When to put tight or lose stop loss depends upon the particular coin and whether there is a pump incoming or how parabolic is the growth trend. No one can generally talk about stop loss because every market situation needs different type of stop losses.

Topic: Stop Loss Trading - page 3. (Read 2367 times)