No one can say when or what time the altcoins prices will fall so even if you're a professional trader you can not really avoid losing trading
and I do not earn you sometimes at the same time you can make a turnover when you hold a long time.
Topic: Stop Loss Trading - page 9. (Read 2367 times)
I found stop loss trading useful for me but I have misunderstood something in the preferences and now my portfolio is consisting only from bitcoin and Ether, because it has sold everything else
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
Stoploss when trading is indispensable in all transactions at the moment, the market is in the downtrend stage, so bitcoin prices are constantly adjusting and difficult to predict, bitcoin prices may continue to fall sharply. at any time and if there is no stoploss, you will lose a lot when heavy bitcoin price drops.ricseb
I trade to stoploss 3% during this period.
every time I think the marketplace may be down Then I gave stop loss.whilst the Bitcoin is pumping, the altcoins are probably to be dumping.Altcoins are pump when bitcoin strong.forestall loss will usually use 10%-15%.
This is a great suggestion for newcomers to the market as these are valuable experiences that many people have shared. I think that this market has a lot of potential, but because it's so small it's easy to be dominated by wealthy investors so please define long-term investments in the market so you do not have to worry about much about the market volatility.
Stock market is uncertain, so it is risky too. So stop-loss strategy used to reduce the rick in trading. It safeguards investors from incurring huge quantum of loss.
Trading without use stop loss, I think will be the samething like gambling. Use stop loss in every trade is very important to avoid bigger loss. From my experience in trading, I been loss because don't use it, and learn from that mistake, now I should use it in every trade. And exchange that offer this stop loss feature is binanc and Poloniex .
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
if you are still a newbie in trading, you can focus on one coin first. you learn the movement of the coin, and remember do not rush when you want to sell or but. analyse the market conditions first, and if you do trading and have a profit.
stop first, in the next tomorrow. do not be too emotional to get a lot of profit. and many of the trading methods that exist on youtube, you can learn it.
stop loss trading you can just by holding the assets you have and do not be easily affected by the existing situation because if you can not control your patience you will be difficult to get a profit.
Yes, it is the easiest variant but it works. I know that most of the traders that have chosen to hold their cryptocurrencies did not lose much even during the bloodbath period. Also, try to choose top-20 alts.
If you dont want to loose to much is better to use such features cryto-trading is half way risky so you can just bee gaining one minute and the next you loose everything
That is usually the idea of not losing too much but this is not just about losing too much, as you need to know exactly where the possibility of a further downtrend could come into play and like some have said, you will need to identify the break of support and most especially with volume so it would not end up being a fake breakout.In that case, it is always necessary to always plot out the profit to loss ratio before even entering any trade and for that, you must make sure at least the risk ratio tends towards the profit side than the loss side.
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
If you do not want to lose more if your coins then stop trading and just hold your coins while the market prices today are still dumping, wait for cryptocurrency to go back to normal because crypto analyst today are expecting for the price of bitcoins to reach $50k dollars before the year ends.
In handling of trading losing steak,,,,traders have enough confidence that they're not trading in fear,many new traders have getting out if traders too quickly or if you experience issues or have
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
If you do not want to lose more if your coins then stop trading and just hold your coins while the market prices today are still dumping, wait for cryptocurrency to go back to normal because crypto analyst today are expecting for the price of bitcoins to reach $50k dollars before the year ends.
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
Stop loss is very useful, you should use it for each of your transactions. Depending on the extent to which you can accept losses. I usually set about 8-10%
every time I think the marketplace may be down Then I gave stop loss.whilst the Bitcoin is pumping, the altcoins are probably to be dumping.Altcoins are pump when bitcoin strong.forestall loss will usually use 10%-15%.
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
Stop loss is one of the main trading tools,it allows to limit your losses if negative scenario occurs,in fact its a sell order which can trader set according the minimal acceptable price,ex.if you buy XVZ for 487 satoshi expecting the coin to increase in value ST should be set onto several points below the purchase price ,that way you will not accidentally waste everything in a case of sudden rate fluctuation.
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 believe that with a market that is in a bear market in the long run, it is very important for you to place a stoploss in every trading plan. You can see that bitcoin prices are dropping sharply over the last few days and the recovery is weak, currently correcting at $ 6200. I think that at this time, when the market is gradually falling into crisis, you should only short-term trading and always have stoploss to be able to zone the damage. ricseb
stop loss is good if you are a newbie in here, because it will avoid you to loss more money than what you can afford at the moment
Stop loss is a necessary tool to use. The negative side of it is that the exchange owners can see all the stop losses and speculate against them.
I am a professional cryptocurrency and Forex trader, I use in Forex trading MT4 because MT4 is a very useful tool for Forex trading and I also know chart and candle pattern. If you want to start cryptocurrency trading you need to have some knowledge about chart and candle pattern otherwise you can't understand the market condition.
Stop loss trading is the main part of cryptocurrency and Forex trading because how many profits do you want to make so, on the time you must set stop loss otherwise you can't make a profit and Forex site if you did not set stop loss trading you lost your whole money in a couple of minutes.
Stop loss trading is the main part of cryptocurrency and Forex trading because how many profits do you want to make so, on the time you must set stop loss otherwise you can't make a profit and Forex site if you did not set stop loss trading you lost your whole money in a couple of minutes.
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
Even though you had brought a bitcoin at high price.It doesn't mean,you are going to lose your money.You had one option for the escape.You have to hold till the price of holding bitcoin is lesser than the price of brought bitcoin.This is only option to evaluate from the loss.
In trading however, even with analysis, things can go wrong most especially in a volatile market, and you will really need to be careful so you at least know how to get out when it is necessary or the chances looks like one that is not going to end up favorable than gambling it. At least, that gives you a chance of buying back lower.
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