Topic: Stop Loss Trading - page 5. (Read 2362 times)
I use stop loss on my mid term trading to be safe from big losses. All time I use stop loss with 10%.
Trading without a stop loss is like skydiving without a parachute... you should always protect yourself against extreme events. Granted, it doesn't have to be a tight stop loss (in fact, a lot of the successful trades I've had are ones that initially go against me for some time) but it should still be there to avoid total loss.
Imagine if you had a position worth $1,000 and you wake up tomorrow to find it at $24. Where if there had been a stop loss, that loss could have been limited to, say $200.
Where to put stop losses? It's part trial and error, part strategy. Fibonacci levels are good to watch as the market most often obeys them, or at least recognizes them.
Imagine if you had a position worth $1,000 and you wake up tomorrow to find it at $24. Where if there had been a stop loss, that loss could have been limited to, say $200.
Where to put stop losses? It's part trial and error, part strategy. Fibonacci levels are good to watch as the market most often obeys them, or at least recognizes them.
Stop lose trading is more useful when we use to take profit as well. I can recommend 35%-40% to stop lose and for taking profit, it is 50%-60%. If you are not able to look in your trading screen then only can use this. But I think it is useless when you have time to the look at your trading screen because we can sell our position or active trade at any time before the last time started.
When you do actively trades then setting up stop losses and take profits wont really be needed yet you do able to see out the current situation or price movements but if you are away from your pc then setting out stop losses will be needed. Risk factor of 35-40% of your capital is too big but well setting out will be depending on how much you would willing to risk out and each person do have different risk management or handing with their own capitals.
Stop lose trading is more useful when we use to take profit as well. I can recommend 35%-40% to stop lose and for taking profit, it is 50%-60%. If you are not able to look in your trading screen then only can use this. But I think it is useless when you have time to the look at your trading screen because we can sell our position or active trade at any time before the last time started.
What exactly are you interested in? If you are a day trader, then for you it is more correct to put Stop Loss no more than 0.5% of your deposit (meaning in points).
Stop loss are really very important in trades whether you are in for long term or short term. Stop losses help you from getting completely rekt which is a very common happening in such a volatile market. Try to decide your stop loss according to past volatility trends. If you tackling with a very high volatility coin, go for a loose stop loss else a tight one. This you have to judge according to your investment.
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
ricseb
Using stop losses is very important during your trading activity, however, I recommend not to use very tight ones or they will end up being caught just for simple movements of the market and you'll probably lose money.
Even so-called professionals fail in crypto trading. It's not all rosy along the journey can learn to copy trade. People usually do it Forex trading and the same principles should work for you here.
Stoploss is handy for situations where the Risk/Reward ratio is bad.
Or when you don't want to risk it, or when you think like I'm going to take a shit.
Or when you don't want to risk it, or when you think like I'm going to take a shit.
Due to this up and down rollercoaster type of movement, if you set a very tight stop loss (where the stop loss is set quite close to the current price), then these natural ups and downs of the market may very well trigger your stop loss even though, overall, the asset's value is going in the direction you want. It's a delicate balance to strike, and familiarity with the type of asset you're trading will help inform how "wide" (far away from the initial price of the asset) you set your trailing stop loss. It's no use setting a stop loss which will just be triggered by the ebb and flow of the normal market conditions.
loss is a must to deal with in trading, because it is a risk. but with the strategy and mastery of how to trade, a trader can minimize the risk. for professional traders, loss is a valuable lesson for more and more experts to trade.
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
What exactly do you want to hear?ricseb
Any position must be protected by a stop-loss
as the crypto-currency markets are very volatile
If you are interested in a specific place to install a stop-loss
Then it must be installed in specific places, such places are determined by technical analysis, and testing these patterns on history, depending on the instrument.
And only after testing the algorithm you can start trading
Otherwise, you will not do it, as trading is hard work.
If you are interested in learning more about trade, I have my own resource: http://www.insiderport.com/
Or find another community where you can find the advice of practicing traders
In trading, its always advisable for people to have stop loss in their trading and thats it. Its more conservative and you manage your risk when you have stop loss in your trades. If you dont use stop loss and the trades goes against you so much, you would lose money
I sometimes use Stop Loss in trading. But Better to wait for favorable situation & keep patience. Winning too much may not be good. Pick right stuff @ right time & wait
Stop-loss is used when the price of a coin reaches the minimum acceptable price set by the trader. For example, you bought a coin X for 0.11 eth. After the purchase, you evaluated the situation and placed a stop loss (this is for sale) at 0.10 eth. This is a kind of insurance against the fact that the price will go even lower and you will be in a strong minus. Also there is a take-profit. It is used to fix profits.
Stop loss would always been helpful but still having a significant negative effects yet you cant able to recover back your loses specially when the volatility would spread up on bigger ranges where it can trigger up your stop loss frequently this is why I don't use it up but rather just letting the price do negative as deep as it can but this is risky and do really like gambling at all yet there are really times which you do really trust up coins potential. For swinging trades this is also a helpful tool.Of course, to use this tool, you need to understand many points, know when to use it, and when not. Many traders lose when using stop-loss. Personally, I also use it only in certain transactions and only under certain circumstances. Therefore, I recommend to everyone and the author to start with a good understanding of different situations in the market and how these situations affect the price of coins. And only then start to use this tool.
Stop-loss is used when the price of a coin reaches the minimum acceptable price set by the trader. For example, you bought a coin X for 0.11 eth. After the purchase, you evaluated the situation and placed a stop loss (this is for sale) at 0.10 eth. This is a kind of insurance against the fact that the price will go even lower and you will be in a strong minus. Also there is a take-profit. It is used to fix profits.
Stop loss would always been helpful but still having a significant negative effects yet you cant able to recover back your loses specially when the volatility would spread up on bigger ranges where it can trigger up your stop loss frequently this is why I don't use it up but rather just letting the price do negative as deep as it can but this is risky and do really like gambling at all yet there are really times which you do really trust up coins potential. For swinging trades this is also a helpful tool. 
I am never using stop loss, because i am always paying attention to the market while i am trading, i do not like to be off while i am doing my trades because you can easily lose some opportunities to make a few extra bucks per trade, that is why
You know you might be right buddy but it also a vice-versa situation because it not good to spend so much time watching the market movement and I'm saying this cause I have see some people that loose their investment through such act. Therefore, there's limit to everything. 
I think figuring out how to appropriately set a stop loss, and stop restrain are totally essential to being a decent merchant, and not being left holding packs that no one needs. In case you're contemplating trading, and have never known about these terms, at that point begin looking into now as it will spare you from losing a considerable measure of cash in the event that you incidentally get tied up with a pumped coin or the market totally down.
Stop loss is a good strategy right now, all traders must have the analysis to do it.
But if I go deeper I think should do buy back and wait a while to sell.
But if I go deeper I think should do buy back and wait a while to sell.
They are like the best thing to always learn first most especially as a trader either short or long term.
One thing about the market is that even with analysis you cannot always be 100% right all the time as things can happen the other way round and one thing with huge loss is that you are already set for hitting the point where you may just have to be patient or buying back some more lower to at least compensate while moving up. Stop loss is highly important if you do not want to find yourself in such shoes.
from YouTube bloggers can advise Gerchik, from the literature I can recommend books by Edwin Lefevr " Memories of a stock speculator"
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