Bitcoin Forum

Hey guys
I can say 95% of my loses are because of using stop-lose , price always return to past price and i regret why i made stop-lose ,  but th
ere is another worry that without setting it market may blow your account suddenly ,  i use 1:10 leverage . I'll appreciate if you guys guide me how i run it  .. Thanks

Maybe you think 95% of your losses is because you are using stop loss but No. It is because you are still learning how to trade. Stop loss is a very good feature in trading, although you will lose very little instead of losing more. That is the essence of using stop loss.
If you think day trading is not favoring you, do not blame stop loss, but choose swing trading, you will not have to consider the little losses but still hold for a little while, possibly the coin will rise back, but this also depends.

Also learn daily about trading to increase your gain. With what you said, it is like you are not patient also, you need to be patient while trade.

Using stoploss shouldn't be that hard to understand. You must have used it wrongly then if that's the case. Although stop loss we're not meant to stop you from lossing but help minimize your loss, still there's a way you can turn it to your favor as when used in this manner (placing your order 10% above your buying price) you'll always be in profit. How to achieve this is very simple; after entering a trade at first, you can set your stop loss to -10% (maximum) as I believe that should be the highest anyone new to trading should go to play it safe.

Now after recording some profit, you should constantly readjust your stop loss to be in profits incase of scenario when the market declines. I used 10% because that's my limit but you can constantly increase yours to 10,20... percentages until youre comfortable with the profit you have gotten. In summary, turn your stop-loss to take-profit

10% of market price or 10% of investment ( i use 1:10 leverage)

I agree with Brainboss although I find a stop loss of -10% quite low when trading cryptos due to the high volatility. I use a stop loss of -25%.


In fact, than you put in a trailing stop opder. Taking a profit is always a good idea also.
More information on a trailing stop opder: https://www.investopedia.com/terms/t/trailingstop.asp (https://www.investopedia.com/terms/t/trailingstop.asp)



10% of the market price

Am thinking to this strategy : i want to use daily ATR it shows 500pips ,  so i will make SL 500 pips distance with current price ,  maybe its far and if market become crazy i lose alot but at least cant blow account and i have a lot chanse for chase past prices,  what do u think

Since you say that you use leveraged trading, that will be different than the usual trading at the exchanges because the risk will be higher than the usual. If you can trade in a normal mode and don't use leverage, and you can make a profit, then I think you will not have a problem using stop-loss in the leverage trading because you have the experience and skills to know when to use the stop-loss features. But if you don't know much about the normal trading mode, I think you will get difficult to use the stop-loss.

I suggest you familiarize yourself with the normal trading and don't use leverage trading before you understand how to trade with the right. It will be more difficult to trade while we don't have much knowledge, and that will end with losing the money.

You're probably putting a tight stop loss on your trades. Often times, price tends to go the opposite direction from your entry point before moving to the direction you originally wanted it to go. In such cases, you will be moved out of the trade and the trend will continue without you in the bandwagon. The original recommendations for setting stop loss orders are:

1. Don't put it too tight except you're taking high risk trade.
2. Set it at a price where you're willing to lose. You can't win all the time. And this is a leverage trade so the risks is quite high.

In my opinion you should, trade smaller, with smaller leverage, and place your stop-losses wider.

OR simply save, and HODL everything in Bitcoin. 90% out of 100%, I strongly believe that we plebs would profit more than active trading with leverage.

Without setting a stop loss, you can not trade on the margin and futures markets. Otherwise, with a strong change in the exchange rate, as it was in March, your entire Deposit would be liquidated by the exchange. I don't put a stop loss only on the spot market.

Your problem is the leverage that you are using not your stop loss, the dilemma you are facing comes from your leverage, it is true that if you use a stop loss the market could easily return to its original price while you lose money in the process, and if you do not use a stop loss when using leverage you can easily be busted in a single movement, this doesn't tell me that you have a problem with the stop loss you have a problem with leverage.

If you decide to begin trading without leverage it is true that your profits are going to decrease but you're not going to have the problem with your stop loss anymore, you will be able to make it as wide as possible in order to account for the volatility of the market which means that once it is hit most likely you are seeing a true reversal of the market trend which will save you money over the long run.

If you joined recently in cryptoworld I would recommend you to hold top cryptocurrencies for a long period of time . But if you want to trade them daily it is very risky . You'd better start with a demo account

I must say that if you keeping getting loses as opposed to healthy returns then I'd consider losing the leverage. The 1:10 leverage for somebody who worries like that and doesn't get the stop-loss to work favourably can only mean trouble.

Here you're combining 2 strategies, try to settle with one then maybe think adding another.

I would say do not put stop loss into any sort of % because that would change a lot, but if you could put that into sell order that would be even wiser. For example if there is a support level, put it just 1 dollar under that and you would be probably smarter. Let's say there is a support level that is very strong at 10.4k right?

Well, if you put it on 10.399 that would mean it would be going down even lower, because it broke down under the support level so it should be going down, yet at the end of the day you could sell at that level and when it reaches to other support level or even lower you will be capable of buying there.

So, would that be a good method of using stop loss? I would think so, however there are of course some people who use % system as well and it does work for them.

What are you trading based on?

If you're trading a breakout, put the sl below where the last flag formed but make sure you're risk is below 100% of your reward.

Eg if you were long from 9500 and targeted 10000, your sl should be at least 9000.

If you're trading a continuation such as a 2nd-4th eliott wave or a bull flag (after the 2nd rejection down - shorting) then put your stop at the distance between the top and bottom of the first wave down - second wave of the move.

But think about it if you don't put stop-loss, you can liquidate easily.
I think this is also depends on your risk:reward ratio and on the market especially if there is a huge volatility, there's a lot of traders that are being stop-loss hunt, there are some time that there's a lot of wicks in candle, so probably lot of trader's stop loss are being triggered.
It's ok than being liquidated, think about it. Just always remember that there will be more better trade comings and not all the times there are good entry.

Thank you all ,  i think to decrease leverage to 1:5 and setting stop-losses wider ,  see what happen .. btc/usd is very risky at trading  :-X

OR, just simply HODL, and buy golden-dip opportunities. Don't waste your time trading, and losing 90% of the time to the whalecumulators. Be part of the strong hands who want to HODL more Bitcoin, not fiat.

You can't set it blindly though. At least use some basic TA to set it. Simply putting it wider than your usual risk tolerance is not a good idea. I suggest you to practice with demo account or something like that to build an intuition around the ratio that suit you the most.

This one, you can't be wrong with simply HODLing, there's nothing wrong with trading, but it seems that you need to learn a lot. So instead of suffering a lost, why not accumulate overtime, but in dips and see how it goes. 90% losing your capital is already big, and you are really getting REKT.

How is using ATR for stop-lose wide (special daily one)

I don't believe 95% of the losses you experience are due to using stop-losses, I am sure there is something wrong with
your trading method. Since stop-losses are an important feature to use when trading, setting a stop-loss more wider may
be of little help. If you trade BTC / USD, don't use the capital you have at the same time, but buy BTC gradually. Then
every Bitcoin price down can buy it again, then when the price of a Bitcoin pump will produce a double profit.

 I win 80% of my trades and lose 20% ,  but problem is that 20% because amount of lost covers all my wins :-( it shows my prediction is correct 80% of time but i have think about control my losses and not let it go high ,  if i close early i lose more times and if i wide it so less orders will be loss but much😱 volume

At least, I agree with this because you don't have to sell in a short time after bitcoin price increases for a small price. You can hold as @Wind_FURY say, so you can have a chance to make a bigger profit. But you need to realize that there is a risk behind hold because you don't know what will happen with the bitcoin price in the next moment. But that is worth trying, and especially we see that the bitcoin price movements now is at the bullish trend so that the price can increase more in the next day. But yes, trading BTC/USD is too risky, and we need to manage our emotions and have better skills to analyze.

I find 1:10 leverage a little too much. Maybe I'm old-fashioned, but I don't want to take that risk. My motto is: slower and safer is better than fast and risky.

This is a completely subjective question.  What are you trading exactly, are you referring to cryptocurrency/bitcoin or what? Then the real question becomes should you really even be trading? Most people I see trading , shouldn't.  They aren't versed in finance well enough, and don't have the portfolio to do so.  How much you're looking to make off an investment is something you should have in mind ahead of time.  Therefore if it goes past that you can't be that upset. There's a lot more to this question then just a simple answer.

How many percentage you do set out your stop-loss? Dont make it too near yet we know that a single swing of price can hit it up.Always consider for 5-10% below the

entry point so that it cant really be that easily to be hit up by normal price movements because if you do then expect that it will surely be busted up.

Try once again and you can tell the difference.For Take profit matters then this is the time on where it do vary from user to user.

Honestly, advice won't have much effect without you making changes...
stop-loss is a condition where you sell your asset because of the panic about the value of the asset that continues to decrease from your estimate, this condition is common in beginners. My advice is that you should be able to hold back and only buy when the price of the asset goes down and sell when the asset goes up.

Better than keep losing, start changing your perceptions about this market, ride with volatilities and keep your safe guard, stop lose feature is good if you do understand how it will be more useful for your trade.

While changing that settings try also to divert for your holds assets
aside from your initial trades, get some and hold for much longer
it will bring some good results once the bull start pushing the market.

Well, this strategy was very common at all and a basic strategy in trading, --hold back until it will reach your desire of having profit.
Stop-loss is very risky because you even don't know when you are going to exit and stop loss. There is no guarantee that you will have an accurate result in the stop-loss strategy, so, for me. I have use manual rather than this strategy. Or just simply hold your bitcoin to a stable coin.

We all know that trading is one of the easiest ways to earn money and one of the riskiest things we could do because it takes a lot of knowledge and experience before you will perfectly win all of your games. I think you have a too much leverage on your trades because it gives a lot of income ROE by still this is the most problem is the liquidity the higher the leverage you have the higher the risk we don't want to get liquidated.

On my first attempts on making trades always my leverage is 120x which gives a lot of money but sooner or later I realized that this is not worth it because trades that I cannot afford so this is true that don't trade that you can not afford.

I highly recommend this to lower the leverage you are using.

If you have a higher multiplier of leverage there is a chance the higher the risk it will give to you and get a huge chance of liquidated if you want to play safe you can set your leverage into 0 this is one of the best things to earn and this is the safest. Still, if you want to set the leverage is 10x to 15x this is the most prefer to me just my opinion and if you want to risk all or nothing why not max into 100x or 120x in Binance I usually do that.

The market is volatile so you must need to have enough knowledge and skills to avoid getting trouble to say goodbye to your funds.

You are right ,  best strategy is to not using leverage but for who trade with alot money not me  :-\
I changed leverage to 1:5 and made SL widder ,  it could change my order from lose to profit ,  i know it wont guarantee forever but result was better ,  i try to learn from you all  ::)

I don't do leverage as I understand the risk that it brings. But in your case, it seems that you're learning from your experience.

Adjust it a bit and setting your stop losses can actually save you from further losses.

Stop loss is a great tool to limit the losses in your trade. It helps us to minimize the losses to a great extent.
But we must know how to use it the right way or else we will be facing huge losses.
If you are facing continuous loss by using stop loss then you must be doing it wrongly.
I generally use a 1:2 risk to reward ratio and adjust my stop loss order accordingly.

How is that "not a good idea", if his problem is being stopped out from 90% of his trades because of a narrow stop-loss? Simply, if high-volatility, make smaller trades, set wider stop-losses.


Use 14-day ATR for more accuracy of the current volatility, and stop-loss be 2x or 3x of current ATR, depending on size of your trades.

To avoid more lose is better to reduce your leverage. When your leverage is very low. Let's say 1:5. You may not even bother to set stop loss because you will never imagine the the price of that currency reaching the liquidation price.

Before you set your stop-loss, it's better to know the average price of the pair you wanted to trade.
Buy on lower price from that then sell it higher. One common mistake of associating stop loss in trading is the trader bought the coin at a much higher price then sets sets the stop loss strategy, which is not good if you will think of it. Lower your leverage it's high...

Have you check this thread https://bitcointalk.org/index.php?topic=5261095.0?

I suggest you to learn stop lose strategy in that thread, that is very useful and easy to understand.

Learning stop lose strategy is important when you try to trade, that is the way you survive in the market and get the consistent profit.

Do whatever you want to do but always have stop loss for showing you out that how wrong it is here. Sometimes not having stop loss could be better than having stop loss if you are putting the stop loss at a wrong level, I mean I would rather have zero stop loss setup than have a stop loss that constantly cuts my trades short and just lose me money constantly without any type of trouble at all.

In any case I would say that we should probably focus on the wider obviously, do your TA at every point, nobody can give you a pinpoint at where to stop because every situation is different but if you do your own TA and check where you should stop each time you do your trades, you could just see where to leave and put it according to your entry as well which would make it a whole lot easier for you.

RARELY better in most cases, especially to newbies, or plebs like me who are quick to become emotional.


Wider stop-losses, PLUS smaller trade-size, for movement to be balanced with the higher volatility of cryptocurrencies.

I think stop loss is not the problem but there is wrong in the trading system that you are currently using, maybe you  are always getting panicked and it is the reason why you keep experiencing losses. Trade with bias and not against the bias, using stop loss is important and every trader should use it. If you are regretting because you always getting cutting your position, I think it is better if you have wide stop loss and not tight stop loss. It is really frustrating and a bit regretting because I also experienced it especially in the beginning of my tradung journey but I trust the process and I improve my trading system. You can mastet the art of cutting losses if you will alocate a lot of time on researching about it.

This is definitely the right thing to do, you have not told us if you have experience trading without leverage but if you don't maybe it could be a good idea to begin your journey as a trader with no leverage and only once you have proved to yourself that you can obtain profits without leverage you can begin to slowly increase it.

But at least you have taken a step in the right direction, I'm pretty sure that you will begin to see by the results by using a less leverage and if that is not the case at least you are not going to lose as much money as if you used 10x leverage.

No question about that, if you are keen in learning the process together with your actual experienced you'll be able to master good skills.

All you need is time and dedication to extent things out. Doing a complete research about every functions and knowing both the pros and cons of this tools

You can keep improving your chance from time to time, experienced itself will
guide you to a much profitable journey towards this trading business.

Try to change your analysis, if you know that the Stop always jumps it is because you do not have a sufficient tolerance range , perhaps if you try to do an analysis for a longer period of time you can have more clarity, remember that volatility is greater when it is at minor temporality, it is extremely brutal.

Your losses are not the result of using a stop-loss, because the stop-loss feature is mandatory for crypto trading.
Where the crypto price is very volatile, without using a stop-loss will put your capital at risk. There may be something
wrong in setting the stop-loss, and my advice is better trading without leverage. Since BTC / USD trading is very risky,
trade safely without leverage is a wise choice in my opinion.

I have gone through all the comments that are here, and I’m happy they have taken their time to explain to you how the stop-loss tool works and how you can make use of it perfectly. I’d like to add something else to this: if you’re making use of these tools, they are not sure means to be hitting that bag of profit all the time, they don’t guarantee that. It’s just like people who think that making use of bots will mean that they are not going to lose, but will just be making steady profit.

People misunderstand these tools, they are just there to ease you from the stress you will have to be going through. Stop loss was created to help cut your loss, and that’s why it’s called ‘STOP-LOSS’ and not ‘MAKE-PROFIT’. So, it’s up to you to make use of it properly.

Don't try to make huge profit in a single trading. Try to earn 4-8% for every single trade. Hopefully after some trade, you are able to cut good profit and able to skip loses from it.

A level of maturity is required for traders not to think about huge profits in single trading ;).

I agree 4% to 8%  profits must be a good target for anyone in crypto trading; any trader will agree this but will not be ready to limit the number of trades per day. When you are having more number of trades per day will again lead to huge mess up.

In my experience, stop loss is a more mandatory thing but it should be obtained from technical analysis. When you're entering a position in trading, you also must be having a clear idea on where to exit regardless of market will be reacting as per your expectation or not. When you are targeting 4% to 8% profits then you should be ready to exit at the losses of 4% to 8% in average.

I will not even say that 4% to 8% is bad, that is a big number to make from a single trade, I would say if you remove all the trading fee's involved, if you made over %2 profit in a single trade that is a good enough profit for you. I used to use a bot that hat a strategy that allowed you to make a profit no matter what, it didn't even care about how much it was, it didn't care if it was just 1 satoshi profit that you made, as long as it made a profit it was valid.

Obviously it removed all the trading fee's from the calculation so that you could make a profit, otherwise if you sell 1 satoshi above but pay 500 satoshi fee that is a 499 loss, that is why it had to profit 501 in order to make a 1 profit so it put fee into the math as well. I made a decent profit from it until market was bear, then it became very very bad.

My risk and reward ratio should be 2:1 which means that I should win double the money that I risks, for example my risk is $20, my reward should be $40 or more. I can only say if a certain trade is worth it or not if the risk and reward ratio is greater than 2 and there is potential upwards. I usually do swing trade so my stop loss levels are below the support and my target profit is usually the resistance. For me 4-8% profit is small but it is not bad because it is better to have small win than huge losses.

Stop loss is not a bad feature and it is really used to minimize your lost. You must have used it wrongly. My advice for you is to stop trading for awhile and try to learn all these trading features and how to use them. If you want to start all over, make sure you start by using demo account to put what you have learn into practice. I do daily trading and anytime I wont be able to follow my trading, I make sure I do not place any active trading unless you pan to use stop loss

I think the OP is finding it difficult where to place a stop loss, a stop should be placed well above resistance zone when selling and well below support zone, cryptocurrencies are very volatile and move with momentum stop loss can easily be hit if not place far above or below those zones, some forum members discouraged the use of stop loss which I totally disagreed, money management will take care of the risk and reward ratio and ability to screen potential trades that really worth a good risk to reward is so important, truly a 4% to 8% isn't bad with compounding and consistent profits its gonna be huge amount in the long run.

In trading every people face profit and lose. If we target about low profit, I think it is possible to avoid lose on trading. Otherwise it will affect on our main capital.

If you put it "well" below the support level you are going to lose money by the bunches, if you want to use resistance and support levels you should be doing it above the support level and below the resistance level. That way if the support is broken and goes down you are buying above the support level so you could just wait it out and doing better than the people who bought above and just takes time and if the price continues go beyond the resistance level they would be basically doing much better but you would be doing fine as well.

So, I would say the less riskier way is to do it slightly over support level and under resistance level, it is the least riskiest way to do it and also quicker compared to other methods using it as well even though it is not as high action as day traders and leverage traders.

If you do lose 95% of your trades then why not stop on using it? Its just dumb for you to continue if you do know that it isnt really effective for you but since you do mention about 1:10 leverage then it would
be completely different when you do trade up on spot. Price swings can really trigger out your SL depending on how deep you had set it out.Its just a matter of trial and error if you do really oppose on using up SL's
no matter what then try for it to be more shallow and see if it can easily be eaten up by price movement.If not then you set it on default percentage but in most cases when you do trade up actively, im not really
needing much of stop losses.

Obviously, the OP puts a small stop loss to reduce its losses in case the price goes against it. I also made this mistake at the very beginning of my acquaintance with trading. Obviously, the OP should reconsider this tactic and put a stop loss for the resistance or support level.

If you go for a random stoploss based on the calculations of how much losses you are bearable then definitely you will burn your fingers.

Yes, your stoploss levels should be technical based. It means you should apply stoploss levels which are below the support level so that market may test the support level and then turn back. Similarly, you must put your targets at/below resistance levels so that market will reach your target levels. If you go greedy on setting a target levels then market may come back and may test stoploss levels.

This must be a kind of mistake, all the people might be doing in the beginning days of trading. Because in the beginning days, we are not having enough maturity to control our fear of loss and greediness for more profits.

I think after recording some profit then some part should be removed from the real money so that i can overcome the loss in future. Suppose later when the market goes down then i can easily make up for the previous loss. I had a record high loss in my first trading session and reduced it a lot later but i am not yet ready to make a full loss.

It is really pathetic to hear your story. By record loss means, have lost all your capital on your first trade itself? I understand that you had gone for 2 mistakes on your first trading itself. Firstly, you should not go for all with your capital in your very first trade itself. Probably you must have risked only 10% of the capital when you start you were starting your trade. This way even you lose at your first trade, you will have remaining 90% of capital which can be used your lost 10% capital with further trades.

Secondly, you must have had stop loss levels for the scenario of if market reacts against your prediction.

When you are trading with stoploss, you may risk all your 100% capital because you can stop your losses before you will be losing all 100% of your capital. It means trading without stoploss and risking all 100%  capital will definitely make us frustrated at the end of the day as market never works as per our expectations.

Those that do not use a stop loss are just asking for trouble, a stop loss is without a doubt one of the most important components of a strategy, why? Because it is going to save you from the bad trades that you make, anyone that thinks that he's going to be able to predict the market with a 100% accuracy doesn't really know what he's doing and his expectations are out of line.

We are going to make mistakes when we trade, we are going to be unable to read the market correctly all the time so we need to have something that save us when we make those mistakes and a stop loss is the only way to do this, and this is even more true when you are using leverage because any movement in the market could be enough to destroy your capital in a matter of minutes if you're not careful.

There is nothing wrong with stop-loss, you’re the one that’s doing that to yourself. If you set your stop loss properly this wouldn’t be a problem.

Stop-loss is a tool that was created to lessen your losses, and that’s what the tool is doing for you and I don’t see why you should be complaining; you put up your settings and the tool worked according to your settings and stopped your loss when the market dropped to that range, it’s up to you to start up the trade again, you know very well that the cryptocurrency market is very volatile and it can move to any direction in any minute, so don’t set your stop-loss and leave it there for a whole day without checking things out. Even if you are making use of a trade bot you still have to be checking it out.

It all matters on how you to set it out and as said by most people here that cryptocurrency is too volatile which means those stop loses can easily be reach out.This is why when you do plan on using up this tool then be sure to study on what are the proper percentage on where to set these lines or else you wont really make any recovery or would really have a hard time on compensating on what you have lost just because you do place the wrong SL or not to deep.In general this is a tool which is helpful when you are really keen on handling out your overall capital and just better out a percentage of your trading funds.

Correct! This tool saves many traders from losing into sudden dump of prices and make sure that there are still remaining capital when you woke up from sleep. This can be a bad or a good tool depending on the user and how will the user use it.

I have the same experience with OP before but I got myself familiar with it and learn how to properly use it.This feature saved me a couple of times and I am glad that I can confidently use it today. It's just better that there are stop loss feature.

If you invest in a project you believe in you shouldn't care as eventually it will recover and even profit, now if you on a shitproject or artificial market you fucked, you never know what you dealing with.