Bitcoin Forum

I have traded and analyzed several charts and I have come to a conclusion that trading with a stop loss is the easiest way to lose money and not a safety net because if your analysis is correct what happens most of the times is markets go for the stop losses which takes you out of the market and price turns to your predicted direction after the stop hunt which many consider as market manipulations.

So is using a stop loss good or bad?

Do we have traders that trade without them, if yes what's your win ratio using this strategy?

A stop loss is probably the safest way to trade inactively (for when you can't constantly check your notifications for example).

A lot of the time, a stop loss is placed particularly at the same place everyone else has placed there's so it can look pole manipulation purely because there's a massive wall in one place (just to give a different perspective).

It's possible to put an alert on the price you'd set as a stop loss and check the momentum as the price reaches around there to see if it breaks it.

I wouldn't like to give an estimate or my experience on doing this method though as there's a chance anyone reading this can liquidate themselves if trading badly or spend too much time trying to chase their take profit. (I wouldn't trust it much with crypto - I'd just put the stop loss higher - I have done it with forex though and it's worked well).

It's neither good or bad — because it's just a tool. You simply use it if you want to idle out a bit. Basically you use it to automatically sell if it drops too much to a certain pricepoint where you think it could drop more. And as with any other tool, people use it differently. You just need to use it in a way that it benefits you with your strategy.

Knife: you can cut the meat with it, but you can cut your fingers too. I using a knife good or bad?

So if you have this kind of question, you may be too early in trading, you may have to keep playing for longer with small amounts until you ace it.

You have to learn to use stop loss in your favor. If not, instead of being a safety net, it will be the thing that constantly loses you money.
But what if, one day, the price drops a lot and .. doesn't recover? What if that day you didn't have stop loss?
You have to learn to feel the market. You have to learn to see where to set stop loss. You have to keep an eye on what happens.

Stop loss is not bad and its really necessary if you’re into trading because it allows you to protect your money and prevent your portfolio from a bigger risk on losing big money. We should always have this, though of course cutting your losses is not more about winning, its more on protection. Once you have this, I can see that you are a responsible trader.

If you dont set or do consider on having a shallow SL then it would be mostly triggered out thats why you should be wise on how much you would really be willing to lose on a particular position but if not then you could

just simply make out some open order and in case the price goes opposite on what you had predicted then as long those losses arent realized or been totally closed then you do still have some chances for you to
recover or break even on your said position.

Bad if you dont know on how to make use of it but in overall its totally beneficial and save you from further losses.

The stop-loss strategy has been used for our benefit.
It helps to cut you down from losing more and this become useful during the bear season. Thus, if you are in trading, you can really appreciate its importance, in fact, the majority of the traders had used this for the said reason.

It is GOOD or BAD? Depends on what is your purpose for using this but for me, it was a useful strategy.

I haven't used this strategy up until now as I am mostly using the spot trading. But based from what I am reading, many people are attesting about the usefulness of this strategy to avoid huge losses. So in my opinion, it really depends on the trader himself. It can be his savior if he is not keeping up with his trades.

The market don't just hunt stop losses but small trading accounts. This is why having a good trading timing is the best. After analysis knowing when to enter a trade is also important. Stop losses was built to reduce losses. It can be good and bad at the same time it all depends on the traders and how the use it. To reduce the rate at which the market triggers stop losses before moving towards the predicted direction knowing when to join a trade will save. joining a trade that has gone too far can trigger your stop loss even faster

If you say stop loss is bad, then you haven't traded futures using a fairly large leverage like 10x without setting a stop loss  ;D

It's a very important tool and I always use it for my trades. May people only focus on possible profits and don't look at possible loss, the risk reward ratio and back testing one's win rate if they used a certain percentage for stop loss on trades opened for a specific asset

Good job when using stop loss on your trading, but some time not effective when trying trade on future because stop loss is not working depend on your price taking, ever when I use stop loss and price under my choose but still not working until loss all my assets and got liquid notification. But when you use on spot trading I think is worth and better use stop loss and you can buy back several potential altcoin with lower price. But I was getting loss more and forget with using stop loss on my several altcoin assets and now just waiting when recovery and back to higher price again.

It's actually good. When you're away and you don't expect the market to plummet and you should stop further loss then it's the one that will do it for you automatically.
Those traders that don't use that feature, might haven't heard about it and likely are new traders. But eventually, they'll get to learn about it because that's a big help whenever you're trading and when the market has been bloody again which we're not expecting to happen at this moment.
If you have come with that analysis that stop loss is the quickest way to lose money, I can't understand how it's like that for you.

That doesn't matter either bad or good, this is just a tool that we can use in trading, if you know how to use stop-loss, then that's good.
This is how we determine and limit losses in trading, you may encounter potential catastrophic losses if you don't have to use this tool.

This is not about the win ratio, this is about how to avoid potential loss since trading is very risky that could be washout all your capital in just a matter of minutes.  If it will grow much better because it has a profit, but if the price drop, you know how to cut loss because you've stop-loss.  IMO, stop-loss is very important in trading to minimize your losses, it seems like your shield while in trading.

Using Stop loss would be most likely when you are away from your keyboard on where you cant able to monitor the price movement which is relevant and something needed or you are conservative with your overall capital.

You could test out for yourself whether its really working for you or not and this is very situational because there are trades which arent that much needed or necessary
and there are times which it is really something ideal to be used.So its case to case or situational kind of tool which you could make use on.

Most likely, trading using stop loss helps us to refrain from losses and continue trading when you think the market has already recovered. However, traders see it differently. Some have benefit from it, while others have disregard using it because it limits their opportunities to earn more profits. I guess as long as we use it positively, it becomes useful to us.

It's good because it can save you from huge loss apart from this it is not going to help you in either way effectively, its just a feature to execute your trade when it goes beyond you losing affordability and when you ask a successful investor they know the importance of every penny you saved from wrong decisions.

Good if you're worrying about the potential decline of your asset but half bad I guess for some reason the asset has climb up on what you're expecting. I think novice traders aren't that familiar with it or some forget to use them. I don't have an estimate over my win and loss ratio tbh, but for me it's always a must to have this feature especially on the leverage market.

Stop loss was one of money management to controll huge loss when trading in market. using stop loss also must set up at right place, if it dont i am believe  when it hit price bounce back again and it really decrease our balance slowly. before set in which level stop loss put , we must identify buying level correctly and on major support or resistance. without skill identifying suport and resisteance , our stop loss will useless to manage risk.

It’s always good and never been bad because it was a limiter to trading for risk management. It looks like bad if the trader using it don’t know it’s purpose such as placing the SL before the support and after the resistance. The only disadvantage of using SL is when you place it on the wrong price but this option is very vital on risk management.

actually this depends on the strategy you make. however, stop loss is used to keep us from getting deeper losses.
Personally, I've had several deep losses for not using such a system. in fact, to this day, I still hold the coin because the dump price is very severe. So, I feel that it is very important in a trade. other than that, you can use a stop loss to take advantage of the moment dump. you can sell faster before the dump is bad, and buy it back when the price is really low. it gives you 2 advantages, namely the assets you own are not dumped in large quantities, and you get a large enough amount for the assets you buy back. however, it all depends on how you use it.

It depends on your strategy or your trading way.

I use stop loss when I am not sure my analysis can give me the right.
For example, at this moment, bitcoin faces a down deeper from the last high price and maybe not many people predicted.
When you trade, buy and sell, you can use this stop loss and place it below your last buy order to prevent the loss will be bigger and when the price is really down for more, your loss will not be too big.
The win ratio using this strategy will vary, and I can not say that the ratio will be the same.

Example:
Your buy price is at $40,200, the price now is at $40,195, and you can place your stop order at $40,180 to minimize the losses (it is just an example)

You can trade without stop loss if you are in front of the terminal directly during the day and can close your position if the price moves in the opposite direction to your expectations. But, if you need to do other things or relax, then you definitely need to set a stop loss to avoid dump&pump.

In spot trading I think Stoploss did not work well but sometimes. Market up and down is part of Crypto market if you put Stoploss may be it hit Stoploss mad then pump well ..many times I experienced that whenever I put Stoploss in coin it hit my Stoploss and then shoot from there. Sometime itbsave me from big loss like when Bitcoin was down from 44k to 30k in 2021.

it is good money management and could work well if we put our stop loss correctly in good support or resistance. but alot case also happen deviation make our stop loss useless and we loss our balance meanwhile price move parallel with our position. it really be dillema for us , if we didnt proper set our stop loss.

with stop loss , no matter happen with market atleast our psychology feel relax and comfortable although we left our position for a while.

It depends on the type of trading that you're doing and the strategy that you usually apply. As for me, stop loss is necessary when you are still undecided about your next move or can't deal with the movement of the coin that you're trading. It's a good way to protect your funds during undecided times or when you aren't confident about your strategy. I could see it as a helpful tool in our trading journey.

It all depends on your trading style.
If you're a day trader, it's a must and something you have to do every time you enter a trade (stop loss).
If you're an investor and your goal is just to increase your coins, then I don't think you have to put a stop loss. After all, if you don't plan to sell a conventional BTC for 10 years, you may reinvest a huge amount of times during that time!

Usually, we use stop-loss to secure our investment, not to make a profit. It's not bad at all, sometimes save your money though you can't profit. For me once I use stop-loss most of the time hit that and price pump again. This means I can't profit but I avoid the risk of losing a lot. So it really depends on you how are you going to use a stop loss. If you can take risks then you may avoid them, otherwise the better option is to use stop loss to secure your investment.

You can trade without a stop loss if you want, however at some point there should be a level in which your losses should be too big for you to bear and you need to close the trade at that point, that is what a stop loss does, it prevents you from getting a catastrophic loss, now if what you describe is happening to you constantly then you need to set your stop loss at levels that are not as obvious, as whales know very well how much they need to make the price to go down to force the activation of those stop losses and then buy when the price is lower, giving them almost instantaneous profits.

That's actually the reason why it's very helpful to use the stop loss. So whenever you can't monitor and check the market, you're still there through stop loss feature to cut your possible continuous and big losses.
I've been seeing those newbie traders that don't use this feature much and they're already confident on their trading skills. But the reality is that they're not yet ready for it.

As far as I know the technique used by crypto traders with stop loss investment instruments, it's a good step if you use and understand, the meaning of the word to defend your investment money from losses and to make a profit from a stop loss strategy.

What is important and you need to understand in the stop-loss technique, you have to really master and understand when is the right time for you to do it, that's important, what makes the stop-loss system risky is that if you use up all your funds you can use only a small amount of your Bitcoin funds, what's more important is to do the calculations and make sure you hit your stop-loss properly.

The issue of using Stop Loss or not using it is as old as the arguments on it from proponents of it as well as opponents of it as usual. I've contributed to this same topic here (I don't know if it's by the same user or not) either early this year or in 2021 and I shared my thought on it. To put it down to a point, I think that debate has been over laboured. Anyway, to restate it; by my assessment as one who trades, Stop Loss is necessary. It's part of the MM – Money Management, mechanism to help cushion the effect of account liquidation. I quite understand what OP's worry is and it's called hunting of Stop Loss by some perceived brokers, exchanges or platforms. The reason that happens is because most traders like to place their SL around psychological levels. It's best one places SL a bit far from these levels and that will be fine. Don't keep SL close or tight to those levels.

Stop loss is very helpful if you do know on how to make use of it but of course it would really be needing up some timing or exact time on when you would really be making use of it.

It wont really be created if it would really be just having no use to traders.Of course it is really relevant it is really just depending on how someone do able to use it on the right time.
Doesnt matter if its bad or good because profits would really vary on different factors or decisions made by someone.

I can't really say using stop lose is a good idea and Is not also a bad idea, but the only thing I will say is that is really a good idea for newbie that's just starting to trade cryptocurrency to use stop lose, so that you can cut your lost and also as a professional I can't say is a bad idea or a good idea, it depends on each trader's strategy or perspective. To me stop lose is not really a bad idea but it those not favors always.

Using stop loss will only be useful if you are benefiting from it, but if you are seeing it differently, then that makes it useless for you. So it really depends on how you use it. But as for me, it serves as a helping tool to create security on my position. So i don't have to worry every time i trade, because i have set my stop loss so i won't fall for further losses. However, others are seeing it differently, because they tend to see stop loss as more of a threat than a helpful guide.

Yes that is the reason a lot of traders feels that making use of a stop loss is not a good tool, because sometimes it can lead you to missing better opportunities in the market. There is always a good side and a bad to everything, but so far I think that not making use of stop loss has been something that has been working out for me and it’s something I can deal with, so I rarely consider making use of this tool.

There are still people who think otherwise, that’s why we can’t all be the same, if you perceive that a particular strategy is working better for you, it's good to hold on to that and not do what other traders are doing.

First, I thought this was an old topic but I see that it's a new one. I wonder why we always have this topic? are people still confused on its use? its name says it all, "stop loss". It only prevents you from losing further, that's it, we should not expect for more but the next move will now come from us if what we will do, either we invest again or take that money out of this market.

Stop loss won't be there if it was not useful but it was useful for those who are pro in trading, they will use stop loss and start a new session and maybe next time they can recover what they have lost and earn more but for those who didn't know how to use it then better if you just stick on hodling and waiting for the market to recover.

Absolutely, many appreciate this strategy as they know how to use it and have seen the benefits but for some who never try, that is certainly nothing good for them. That is why I encourage you to try this as this will surely help you from losing more and to know what really you have got. But honestly, this becomes useful during the bear season and if you are not on the computer leaving your trade unfilled.

Trading Platform Stop Loss is a good thing for those who understand it clearly. Those of us who trade on trading platforms especially in futures trading must have a stop profit loss It is very important to use.And for those who do not understand stop loss, the matter is very complicated. Of course it is better if they understand this well.

Yes you are absolutely right because only those who have not enough knowledge and experience about cryptocurrencies trading, he/ she may use stop loss. It always very good idea for a newbie traders. But experienced traders always analysis the market carefully during his trading.

in spot trading, I think it is mandatory to use the SL feature. this avoids us from deeper losses if the price corrects quite a lot. unless you buy it to keep it for the time you have planned. you can not use this feature.
most importantly you can analyze the price you set to sell and apply SL. as most traders regret when using SL, the price of the coin being traded again makes a pump. and that makes a regret.

When people first start to trade they never use stops because they have no idea what they are. After losing some money and discovering such an option they finally decide to use it.

However they find that wherever they put their stop, the market goes to that stop and ends up reversing after. So they stop using stop losses again.

Then there is one day when their position loses >20% in a single day and they didn’t get out, they finally realize that using stops was better then not using them at all.

Almost trader have the on their mind like that, first time when losing about 10% until 20% not use stop loss but when getting loss almost 30% until 50% try with cut loss and looks very bad thing. Better loss 10% by using stop loss than have loss almost 40% when try to cut loss, if still have several percent loss we can recovery and buy back some coin on lower price than got profit for closing with how much loss before from stop loss. I have adopt this way when my assets drop 20% I use stop loss and take recovery with buy back on lower price again.

You should always put stop loss in futures trades but  there is difference of opinion when it comes to spot trading.
I usually do not put stoploss in spot trades as I prefer to hold the coin rather than my orders hitting on stoploss and trade closing in loss. However you can only avoid stoploss in spot, if the overall market conditions are bullish.

I think the use of stoploss is good for those who are afraid of not being able to monitor the market continuously. What needs to be considered is that the stop loss placement should not be too close to the running price, we must provide room for movement so that the market can react freely. indeed, our stop loss is often picked up and the price returns to the prediction direction. therefore it is better to place a stop loss in an unreadable area

Stop loss is just a tool in the hands of the trader by the exchange to be used when you see it as a necessity because when I chose to activate my stop loss is when I want to go away from trading science for a long time so I will set my portfolio on stop lose so my coins get converted automatically when the price reaches a certain level.

Some people do say that it depends on your settings, sometimes it’s best to set it to a lower price so that when the market goes negative for a bit it doesn’t trigger the stop loss except when it goes further. Everyone knows how it would work best for them in this case.

I think stop loss is mainly for when you are not going to be there for a long time and you think that the market would go way too low, so you can implement that to save you from too much loss. Although another thing you have to know is that a stop loss can fail, because it only triggers a sale, but it doesn’t guarantee that your asset is sold at a particular rate.

This is what makes stop loss complicated because it hunts you and go back to continue the move. When you adjust stop loss to a higher range is also dangerous because if the stop loss is hit, you will lose a large percentage of your capital and may lose courage to continue the market with what is left of it. But the important thing is to use stop loss but not to draw it very far from the market or too close to it and to analyse very well before making the order.

Using a stop loss is good for those who have only small amount of capital, but doesn't need if you have too much money on your wallet that can withstand early liquidation. Mostly traders who put stop loss are those scalpers, and those who enter a trade and leave for his job. Using a stop loss is a choice, maybe it's not good for you but it's good for someone out there, including me. It's easier to re-enter another trade than to watch your trade bleeding out red.

The use of Stop-loss will depend on who we are and what kind of strategy we are using.  Some people may not use any Stop Loss moreover if we are not day traders. Or if we are a holder or investors, or long-term holders. It will be okay to ut our assets on our Spot market in order to wait for the price rising up at a certain price.

However, if we are day traders, using Stop loss is very helpful in order to manage our funds due to the high volatility of the cryptocurrency market.
However, it needs wise management and decision when we are using the Stop Loss. We must also know the right time and indicator about when we should use or implement Stop Loss, in what rate and how far from our bought price.

I read an article and this is very interesting here:
https://www.thebalance.com/where-to-place-a-stop-loss-order-when-trading-1030867
https://www.thetimes.co.uk/money-mentor/article/crypto-tips-mistakes/

maybe they were over confidence with their analisys so pratically want to one shoot and earn huge profits. the fact its very rare to find traders that able to survive with this strategy, without money management only in one or two position we will easily liquidate.


even huge balance traders need to use stop loss, we will never know how volatile go on . maybe we use 2% each if we use stop loss, but while we open it sometime our negative position could be more of that. the rest still can used to open other position that maybe gain profits.

sometimes everyone doesn't like using stop losses, because many of them don't want the stop loss to be picked up and the price to go up again. but there are some of them who use cutloss as a substitute, so they must often check the closing price that occurs, if the closing price has broken support then they immediately exit the market manually. I think to use it depends on our convenience, the important thing is that we know how to use it properly

One advise I can give if you want to use stops. You need to learn to put it in a good place. What most newbies do is they put the stop loss either at a round number like $41000 or $40000 or $39000. Or what they do is they put it near a pivot low or high OR at the daily low or high.

This is a horrible way of using a stop loss because those areas typically get run. Its very obvious many traders using the daily low or high. That's why alot of times there are failed breakouts and then the reversal. This is due to stop losses getting run.

You either need to put it in a random spot or before the daily low or high. That way you don't deal with slippage at least.

That be unreasonable. Traders had used this strategy to protect from losing much which is found to be effective in knowing the volatility of the market and abrupt changes in trend.

Absolutely, the trader has their choice. Perhaps they choose to use a stop-loss strategy as they understand it and know how/when to apply it. But those who can't and feel they just losing more, certainly can't appreciate it. 

using a stop loss I think is very good where we can stop losses and return to trading for other coins but how to use it must be considered because we don't always have to stop loss for potential coins.

If your strategy benefits from not using a stop loss then I am not going to question you as each strategy is different and you may not like the idea to reveal it to the members of the forum.

However in the overwhelming majority of the cases a stop loss is a good thing and people need to use it, otherwise the losses they will incur will be massive, now it is true that a stop loss that is too tight may cause problems but this can easily be fixed by increasing the range of the stop loss while reducing the size of your position.

I wish all exchanges actually had this feature, but it doesn't seem to be all. Traders have many techniques according to what makes them feel comfortable so the difference is natural. I myself am more happy because it will reduce the danger of losing more. Although I know, this feature will certainly be better combined with technical analysis so you don't just determine by guessing. Although many people say do not lose your capital more than 7-10% and maybe it can be used. But using technical to install stop lose seems to be more effective.

Stop loss is neither good, nor bad, it depends on your trading objectives! If trader is trying to keep his capital from been eroded from volatility, stop loss will definitely be a good strategy to employ. If however you scalping or trying to take a long position, stop loss my work negatively on your objectives!

^ Stop-loss!
We are not talking about a profit here, we are talking about how to cut your possible loss or how to avoid a huge loss while in trading.
This is a very important tool in trading to have stop-loss and avoid unexpected massive losses just like when the market behavior has a downtrend which is pretty normal to the market that has an unpredictable price. So it is good to use this stop-loss while in trading and if anyone who will not use is expected to have a massive loss someday. Traders should always have an advanced mindset in trading, these strategies will help you in your trading activity.

Stop-loss is just a feature for trading. Good or bad using it, depends on the trader himself.
For an active trader, I think it is not necessary to use stop-loss because he is always active to check and monitor the market every day. Whenever he wants to sell, he just puts their tokens/coins into the sell order. While for a passive trader, he may need it to avoid extreme losses when there is a huge correction/drop.

I rarely use stop-loss, I am always checking my coins/tokens in the exchanges every day. Regarding the win ratio, I never count it and I don't really think about it so much. As far as I think it works properly, I will go with my own way.

If you are trading for good profits and would not want to mess up and lose them, trading using stop loss will definitely work. It will give you guarantee that you are not going to lose much, even if you will not closely monitor all your investments. As you will have no uncontrollable losses due to high volatility because you have set your price already when to sell if the price decline will keep on dropping. However, if you are seeing stop loss not for your own benefits, then its clear that it makes no sense for you.

The function of the stop-loss feature is to prevent us from experiencing bigger losses when the coins we buy fall drastically in price. Moreover,
we are trading on shitcoins or meme coins, in my opinion it is highly recommended to use the stop-loss feature, because we know shitcoins or
meme coins will take a long time to recover if the price has dropped. But if we trade popular coins, there is no need to use the stop-loss feature,
because the possibility to recover is quite fast. Unless we do day trading, which has a profit target in a short time, then using stop-loss is a must.
Actually we use the stop-loss feature depending on the market situation, and also the strategy we use. Therefore it depends on each of our
trading strategies, as long as we are correct in using the stop-loss feature, of course the stop-loss feature is a good thing.

I totally agree, Stop loss has an important role to avoid bigger losses. And I think this is safe and highly recommended. Therefore, before entering the market, determine how much loss we are willing to let go.

If you don't use a stop loss, I'm afraid that if something unwanted happens when we can't monitor the market, it will result in a loss all of funds.

Sometimes we see a big unexpected bitcoin dump of 1000-2000$ within 2 to 4 hours. In such a case, the altcoins dump by 30-40% or even more. In this case, if you have stop loss placed your position will be quit by hitting the stop loss and later you can buy can the same coin in cheap rates.
Without the stop loss, you will keep on holding the coins in the spot and we never know how long you will have to wait until the market recovers to your buying price. This is only for those who are doing spot trading, your account will be liquated if you're in future trade without stop loss.

The problem is that very often after dumping bitcoins of $1000-2000, the price almost immediately returns to its previous value. And if you had a stop loss set, then at such moments a position is very often closed, usually at a loss. We can say that the stop loss was set incorrectly, but the bottom line is that it is for this reason that many ignore the use of stop loss.

The bottom line is to prevent unexpected crash when price hits then crashes under your stop loss price very quickly. If around your stop loss price is actually a bottom, when the market confirms it, you can buy back and enjoy the bounce.

By using stop loss order, you intentionally want to avoid crashes. It is super useful especially when you sleep or offline. Stop loss order will save you in such time and such crashes. Nothing works perfect and I believe it is what you actually implied.

That probably you don't set it properly. I could tell you that it was not because of the strategy you have used, it is the way how you used it.
In fact, why some traders are comfortably using this? It was because they know the function of the STOP-LOSS strategy which they found out that was really helping them and saving them from losing more.

Anyways, we can't appreciate things that won't work for us. We have to accept that not all strategies will work for everyone and it just happen on you, though.

Stop loss is good and bad. It is a two edge sword.
To say but the least, if you open a trade and very sure you can  watch your screen consistently, there is no need for stop loss, just allow your strategy to play out.
Then, if you cannot watch your screen for any reason, please do not risk it, use stop loss.

Stop loss is a tool used by the weak hands to stop loss while same stop loss is used by the strong hands to create liquidity.  It works for both the weak and the strong.

More important here is how to use this tool correctly. It is important to understand that the most important aspect in the process of using this tool is profit.

Right. Maybe for the spot we can handle it with DCA (dollar cost average) when making a purchase which can help us get an average coin purchase at a low price, and this has proven to be effective even though the coin price drops we are able to make a profit, but this has certain conditions - if we are in a bearish trend then we will finish, as you said we were carried away by a price decline of up to 40% more. If there is no stop loss then this will be a loss if we don't hold it until the price rises again.

good or bad?, of course GOOD!. because stop lose will keep you from BIG LOSE!,
you should be able to put a stop loss even if it makes you sad,
it is the first time trading and experiencing a loss is very painful,
but it is a big mistake if you let your coins or investments try to sell them when the bear market arrives,
and do a buy back, then your money or capital can come back again.

Using stop-loss is the only way to actually become a successful trader other than that there is no way to be successful to be very honest, yes you are right that the market may do stop loss hunting and hit your stop loss just to come back up the very next moment, there are two solutions for it, either just consider it as a normal market play and adjust your success ratio accordingly, or put a mental stop loss in your mind instead of a system stop loss, people generally put mental stop loss so that they can sell after the close of the candle to ensure it's not just hunting, but this obviously makes things difficult, as you might just keep the trade emotionally instead of letting it go. Also, chances are you might end up selling at a much lower price waiting for the candle to close. So it's all upto you to choose one way out because eventually, you have to adjust yourself according to the market.

smart traders of course will give a stop loss in every trading position, this applies to all types,
spot trading or futures trading, on the spot stop loss is not very influential,
because maybe the price could return there even though it has been dumped,
but in the future, without stop lose you will lose your capital

Smart trader always use top loss what ever kind of trading between spot or future keep safety assets and take recovery back when price drop, several trader looks as long term investor without use stop loss but risk with future trading without have bigger fund for back up away from liquidity. But still effective without stop loss on spot trading but really need waiting long term and more patience for reaching higher price later, but several smart trader take stop loss and got loss few percent than become long term holding or become several years with investor after price drop.

not all traders like placing stop losses, some of them have free time, or indeed their job is to trade, they prefer to use cutloss, stop losses are only used when they leave the trading room, so it doesn't burden their minds while outside the room. basically both have the same function, it's just that the difference between manual and automatic, so basically every trade has a risk, and we must be able to cut losses to wait for the next opportunity

I'd been doing both. There's always the cons and pros. Depends on your risk management. Over the years I mostly preferred the no stop-loss strategy to avoid sl hunters and manipulations. But currently I am convinced that I really need sl on my trades. There were a lot of wasted opportunities but it did saved me from further losses. Sl also helped me to discipline and control myself especially that I am more of a risk-taker attitude as proven on my past years financial decisions. 

From years experience stop loss is a must. And yeah I agree using it correctly is so important. It saved me so many times when market went hard down.

Generally speaking, stop loss is a good feature an exchange can offer. It allows the trader to automatically exit and prevent more losses. If you use it properly, you'll find it really helpful. As what I've said, it will help you save some time and of course save money from the potential lose. It's bad, if you are poor in using it. I use it in ~60% of my trades.

Stop loss is for the people who like to trade quickly, there are some of us who think that trading could be turned into investment as well. Like for example if I buy something and it goes up 5% in a day or a week, then I will sell and make a profit. However, if it goes down 10%, then I will buy some more, usually the same amount and then that will cause the average to be lower, if it keeps going lower then I will keep on buying more and that's how I make my profit, without needing to sell out and wait to get back in.

This means I would have to wait a lot longer, there are times when I waited 2 years to sell something, sometimes it's just a few weeks, but all in all I started with the mindset of selling as soon as it reaches 10% profit, and still did that no matter how long it took, a week or a year.

it can be good or bad depending on one's strategy. when holding popular coins, I don't use stop losses, because I really believe the coin will go back up again at a very high price. Examples of these coins are bitcoin, ethereum, BNB, and so on.
however, it would be wise to use stop loss for new altcoins, or altcoins that are not included in the popular altcoins. however, I don't use stop loss on the new altcoins. I thought it would cost hundreds of dollars, because the price when I owned it was tens of dollars. Unfortunately, the price has been dropping continuously so far and is below $5. it makes me regret not using stop loss on the coin. In addition, stop loss also has a function to prevent deeper losses.

I use to see the market that way before and it does not only happen when you are in the stop lose mode, some time even your manual trading market seems to go opposite direction the moment your order get executed.

The stop lose feature have helped in my trading a lot lately as this feature allows be to automatically execution of trade if the market price goes below you set price to avoid total lose.

I have talked about this many times before. There are 2 standard things you do as a trader,,, one is limit order, another is Stop Loss (both are limits I guess).

If you do not know what price you want to go in, and what price you want to go out, then you should never be trading.

You can of course adjust profit range with trailing stop but if you have ever been the victim of flash crash,,, then you know.

Stop loss have potential for recovery our fund and buy back several altcoin with lower price, but still not all trader agree with stop loss and want to use it trough have coins assets drop price, keep holding until recovery and back to higher price is the only solution for them than have to use stop loss. But when getting price have been drop in -60% I think is worth for using stop loss but have been late with much loss on several altcoin trading and better keep holding waiting price up one day later.

of course its always good to trade with stop loss, wherein, to protect your capital once you've made mistakes when it comes making prediction or let say there's a fake outs after you placing your order and etc.


yes we can trade without stop loss, but of course the amount to risk will increase as well, especially if you trade an altcoin that sometimes the leverage is too high that can literally burn your capital in just a seconds, so better to always have a risk management by the help of stop loss.

see it depends on you, because using a stop loss is the measure i find that will make to be safe in your trading industry, so the objectives of stop loss yields vitals techniques in trading because it act as a recovery agent in trading, but emphasising that it doesn't add any thing meaningful or makes you lose your trading, i will portray that it's base on your perception, because it's very obvious that using stop loss contributes immensely to alternative coins recovery via trading

The tools themselves are pretty good. The only question is the trader's ability to use them. Based on this, the conclusion will already be different.

Well said mate!
A stop-loss is a double edged sword that has good and bad written all over it! A stop loss can help in securing any profits made from going back to the broker which is what the profitable traders see it as, then there is the stop loss which is used to prevent further loss when trying to enter the market but this is where I have my doubts about its usefulness, a stop-loss is a good lure for any market makers to grab that liquidity as structure tells us where exactly this liquidity sits  because we all play the same game when putting these....and the only way to prevent being kicked out of the market when trying to enter the markets is not to use them  :P

I would say, without stop loss and awaiting a market turnaround turns every trader into a long term holder  :D
if you have enough free funds and you can wait, then stop loss is really a loss. this is of course only applicable to major currencies, by no means for some token shells, there the big loss (without stop loss)is almost guaranteed

It is that simple and yet it is one of those of those things that people do not think about it, after all this is one of the most basic things that a trader needs to know, you need to know when to get in the market and when to get out if even that is beyond the ability of the trader then they have to go back to square one and try to improve their trading strategy, because without something as basic as that the chances they will actually get any profits out of the markets are zero.

to survive in crypto market, using stop loss is an obligation for us, we will face uncertain condition when entering trade. price could drop hardly in second without reason and if we didnt set our position with stop loss , liquidation will come to us. no matter for long term or short term trade we have to set SL to minimize risk

I think people do think about it,,, just that traders who come into this altmarkets seldom think to be careful, seldom think to make pragmatic behaviors that would be considered totally basic for regular traders.

It is a huge difference in mentality,,, the trading one and the gambling one. Gamestop and Wallstreetbets made people think it is easy to become rich.

As per my experience using the stop loss tool is a good idea to avoid big losses, if you will use stop loss then you can recover your loss through the remaining balance in future trading but if you will not use stop-loss then your account can be liquidated but if you use stop-loss then you can trade with remaining funds and this is chance to recover your loss, stop loss is a good strategy for trading.

Maybe there is something wrong with your entry and putting your stop loss, although I understand what you are saying since it happened to me before but it is much more common that is save me rather than what you are telling.

Putting a stop loss in the price where you think would be the crashing point after a confirmation that's where I put my stop loss and it doesn't need to be like -10% or whatsoever it still depends on your analysis.

Crypto is too volatile to trade without a stop-loss.
If you like to gamble with lower amounts, then you can do without, but I think that any trading above $1000 requires a stop-loss

I can’t understand one thing - why are there thoughts that this could be bad? It should be understood that the correct use of the tool most often has a positive outcome.

Adopting stop loss system is good because crypto trading is mostly an assumption of how the market will move and it definitely won't go your way always and when you trade with a huge amount of money its best advisable you adopt it
 It never crossed my mind to douubt whether stop loss is bad because its as you've said the outcome is mostly a positive outcome.

Stop loss.
Very useful for everyone who trades in futures
sometimes the market does not match what we expect it to be for the better. you do a stop loss. because it will be able to make you calmer, when your analysis is wrong

That’s right. Most of the traders in the market do not have the time to be monitoring their trades on a daily, So what other way do you have if not to implement stop loss? This tool is going to help you to limit your losses for the day, but imagine when you do not make use of this tool and the market happens to be very bad for that day, and you will just come back to see that you have made a lot of losses instead of profit.

So, I wouldn’t get why anyone would say that stoploss tool is bad, when it is really a tool that has been and will always be very useful to a lot of traders out there.

Using a stop loss is very good, there are sometimes where by the market experience a very sharp drop if there is no stop loss you will be liquidated instantly, we all know how volatile the market is. The idea of stop loss is to give the market enough room to play out while also preparing for the bad times. No stop loss use is extremely risky and I do not recommend it for professional trading.

It's just a tool. Don't think he's bad or good. The main thing is to use it correctly.

Why I would do that if I know the price will surely go up in one month or over a year. It is the easiest way to lose money as stated in the OP. A commonplace people put stop lose is right below the support level and it's not a myth that exchanges do manipulate to hit those levels. Using stop-loss could save someone from taking a big loss if he put all of his money in a single trade and does not have any funds for DCA. DCA is the most effective and safest way to win every trade.

Crypto Market is very volatile. Sometime an experience person put Stoploss but it's not work and market recover after hitting Stoploss. Many time I see that after hitting Stoploss coin again jump upward and sometimes 2x from that point. It's not working well in spot if anybody looking for long term. For short term I think it's good choice.

I agree that it is a personal choice. In fact, I believe that it could be based on each trade as well. There are situations where I do not trust the project enough and I use the stop loss because I do not want to hold that token for too long and want to get out if it doesn't go up, did that with dozens of coins and there are situations where I want to hold it even though it could go down 50%, in fact I would be willing to even buy more of it as well.

This is the difference and I believe that if we are at that stage, we are going to definitely enjoy something close to this when talking about stop loss. Sometimes it is good to use it, sometimes you may not want to.

That's part of the side effect when you use stop loss.

You don't know when the market shall be dumped and recover eventually. So if it dumps a lot and you're able to save your money then that's a life-saving moment for you and you'll be thankful that you've put a stop to loss.

But if the market recovers after you hit the stop loss, that's one of its side effects and we all want to see the market recover. People are forgetting when the negative result has happened and they're saved by SL.

There is a saying that "The only thing you can control in trading is your risk which is stop loss"

If you are using a trading Stop loss and Taking profit is one of the most basic things in the fundamentals of trading some people do not commit stop loss because they are willingly taking some risk to get more profit but of course the higher the loss too, But for me having this you make your self more responsible to every trade you want to do still its personal preferences and risk management. The purpose of the technical indicator is a guide you to put a SL and TP

I wouldn’t say that stop loss is bad, although some people are going to say that, but this is a tool that was designed to help you prevent losses while trading.Of course it would have its cons, as some people has pointed out and complained how it would make them miss opportunities. But, I would say the problem here is that they don’t know how to make use of it.

If you don’t know how to make use of it or it doesn’t work for you due to your style of trading, then maybe you should not, and continue the way you feel is best for you. But, if you feel that you can apply this tool in the right way and make it useful for your trading, then you can go ahead with it. There’s nothing like being good or bad, it’s just about you knowing how to use it rightfully.

If I notice here what I see here is that if facelock is used then it can be seen here because of the stop loss there will be security in the dating industry here so for office purposes there are many important things here that are important strategies have to be made here.  And it will serve as a restoration of trading here but if it is emphasized here then adding a lot of incomplete things here again will force you to lose your trading here but if you do not from here it will be better

The use of stop loss is very important for me, we can limit our losses while trading. I set a daily loss limit of 1%-3% of our capital, this limit is relative to everyone depending on how each trading plan is. To overcome market manipulation, I suggest a minimum of trading on the H4 Time frame and entry when the price is at support or resistance, it can minimize risk a little.

It's actually a safety net if you are using it right since it can save you a lot of money, maybe you are just unlucky that after hitting your stop loss the price would go to your prediction but for me I think it is good and it is better to use it rather than leaving some trades open without stop loss.

Pretty sure it's not a matter of good or bad, it's just a matter of whether you want to use it or not. Stop loss is mostly used by people who don't want or can't always watch their trades so they set them up so that they don't accidentally lose too much by leaving their trades open. If you're basically trading 24/7, I don't think it's a necessity BUT it is a good habit to still do imo, it's a backup of sorts in terms of trying not to lose your assets. I don't think it'd matter much when doing your strategies since it doesn't directly affect how much you profit in most cases.

I use this tool quite often. In my opinion, with the right approach, this may well bring a positive result.

You are correct but you seem to be missing something or is it me that is not getting you right, the aim of the stop lose feature is not to make profits but to avoid a total loss of the asset. In a way to me stop loss is best active when the trader wants to go away from the market and to help execute the trade on behalf of the trader,  risk management is a vital part of trading and the SL is most appropriate for this since it helps execute a trade when the market is heading in opposite directions.

When it comes to using stop loss and take profit, I consider it a very good thing. These tools are not only capable of stopping an impending loss but, they in a way helps you to manage your greed. Most traders come to the market and should they be making profit, they seem all the other pips that would read after the take profit should have been there's and the same thing goes go stop loss. Where they think, pushing it a little further would have helped them to wait out the bear moves and gains with the reversal when it occurs. Sadly, the story could be going from the frying pan to fire and vice versa. Its best you have a trading plan and follow it. Having a stop loss and take profit could be a trading plan.

The result of using stop loss will only reflect based on how you used it. If you see it manipulating your trades and your future profits, then stop using it. But in most cases, having stop loss is very useful especially for traders who don't want to fall in extreme losses, stop loss will help to limit their losses particularly for those coins who are seen in consistent price drops. But in either way, stop loss is just a tool, the biggest factor relies on the trader itself on how he will manage the future of his trades.

But, are there any thing that traders want other than profit? I know, maybe they only want is to trade their coin for another coin but still, in the end, they are going to sell it for profit. According to your explanation, using stop loss is bad for those who want to earn more profit but it is good for those who want to cut the risk while earning lesser profits.

There are those that are willing to take huge risk but it doesn't mean that they are not responsible on what they are doing, it's just they are more wealthier than us while there are some that only risk small but they are the ones that are usually not responsible. They better correct that habit.

In my personal opinion, right now it is very difficult for me to determine what could happen to the market, I don't know if it will go up, I don't know if it will go down, and it is not because I don't analyze it well, but rather because I have learned that recently in the world there have been many fundamental events that put pressure on the market, and those world events move fibers, that is, panics, emotions, and certain things that are very sensitive, investors are people like any other, they have empcions and sometimes it is easier to secure your money in gold or in any other asset than BTC itself, and that is why I think things should be taken calmly, without rushing and not gambling with trading.

as far as I understand if we use a stop loss and want a big profit then we have to look at a bigger time frame as well. it means that our stop loss placement will be further away with the profit target going further as well. actually using a stop loss or not, this is not required, the most important thing is that the trader can understand and take care of himself to remain disciplined in his analysis

This strategy is good for trades executed in ones absence. It can save trades from heavy losses. But stop losses can be very dangerous just the same way it saves trades. For future trades that happen to play with emotions just to instill fear in the traders minds stop losses Just triggers stop loss then switch direction.

Stop loss is very helpful in reducing risk in any trade, I got liquidated twice having forgot to place a Stop Loss after I slept off and later woke up by Binance by liquidation message, thereafter I learnt my lesson of how important a Stop Loss Is in a losing trade by helping to reduce a massive loss of portfolio, though the technicality of where to place a Stop Loss is a big challenge because of high volatility in the price of cryptocurrencies, a winning trade can reverse and trigger a Stop Loss before trending back thus resulting to a loss, a trader requires expertise in placing a Stop Loss.

Actually when market starts dumping hard and any big breakdown happens then market can be crashed.So at that time you can have a big loss.So it's good to use stop loss because we know that crypto market is uncertain.

If you do get yourself involved with future or leverage kind of trade then you could really make use of SL's which might save yourself on being liquidated but we know that making immediate action isnt something

that someone could able to do in a fast manner.Yes, it does require some skills and experience on doing so.Also, making use of these tools will vary on how you do make trades neither active or long term ones.

You would be finding it to be relevant once you do really tend to make it use for yourself and find out if its that useful or not really necessary.

Using a stop loss or stop limit is very essential to me. Two month ago, I don’t know about the stop loss. Now I always use stop loss and don't waste money. When the market is below, I buy coin and use stop loss. Then I make profit or loss a little amount of money. So, it is very useful and helpful to me.

I agree with people on how you use it will change the good or bad. I mean it is clear decision, and clear answer if you ask me.

It is obvious that if you think that it will do well, and if you arrange it in a way that it is right slightly below the wall, then you will get out before a big crash comes out, but if you arrange it a bit above, then it will bounce back from there and you will lose money. That is why where you put your stop loss matters a ton, for example I wouldn't mind putting it at 37999, because if we go down to 38k there is still a chance, but if we go down under 38k then I can see it go down all the way to 33k range, that is how you decide how to use stop loss.

More on how you understand the tools, if you know how to use it as an advantage you can generate a decent amount of profits.

The directions rely on how you maximize the use of this feature, else, just do the usual trade and wait till your position has been fulfilled.

More on self-decision making, if you think it will benefit you or if you think that it turned against you, best to set it up and wait for the

outcome that you are anticipating to take place. Keep in mind that your decision will be the basis of your success, risky but helpful if

you fully maximize this tool.

This would allow you to actually arrange your stop loss to a point where it is generally going down and going up, you will see that it goes down to a level and bounces after that price, if it goes under that then it would be a new thing and it could mean risk, but it stays above that then it could bounce back.

Famously, we could talk about 38k right now, if it goes under that, we haven't been under 38k in a long time but we are close right now, which means if you put a stop loss to under 38k, then it is either going to go down to 38k at worse and jump higher from there and you wouldn't hit that stop loss, or it will go under and maybe reach like 33k at which point that 37.5k stop loss would help you.

stop loss was obligation for each traders in any market, we often market move  with high volatility and could up and down only in second. if we didnt set proper money management , maybe our balance could decrease alot only in short time. for balance wealth, stop loss was good thing and there is no reason avoid it.in twitter we often see data about long or sell liquidation , this is the simplest example how the effect while not using stop loss.

Stoploss save me many times and I think it's very good for safe you from big lose. In 2021 when market down hardly I made Stoploss on all my trade before some days and It saves my 500$ or above. Stoploss is just a tool and its good or bad depend on how you manage it. If you make proper Stoploss on your trade then it will work otherwise its may prevent you from big Profit also

This is very needed for those traders that are into margin trading.

Or even in spot but the loss that it can contribute is big in the margin trading. If no stop loss has been made and you're on the opposite position then you'll definitely going to be liquidated.

On the spot, well, you can have more time to recover than it because there's a likely that you'll still get a chance to be back because it is the value that lost and there's no liquidation.

Yes, stop loss save from making losses but also prevent traders from making profit because it is not all trading that requires the use of stop loss. Therefore, I believe what every trading require is goals per each trade and if the goal of the trading is short it may require the use of stop-loss but if it's long there's no need to use stop losses.

Stop loss would be materialized losses once those things been triggered out which is something that need to be considered and this one would really be varying on what kind of trader are you.

Some do really make use of it when they are actively seeing price movements or simply being with the monitor and watching your trades on long period of time but if you are someone
who do come once in a while then you wont really be needing such tool because even if you do lose or floating negative you could still make some recoveries if the
market would make out some u-turn.

sometimes there are times when we have to use Stop Loss to avoid deep losses but sometimes we have to be patient to wait for a higher price to get a profit.
maybe there is no definite answer for whether or not to use Stop loss because sometimes it is needed at certain times.
if using a stop loss the profit ratio that can be taken from other coins is uncertain, sometimes we will get more profits or even we will regret it.
I personally have done a stop loss because the coin I chose kept dropping in price but I didn't choose another coin, it was just to avoid big losses.

The margin trading stop loss is still a dangerous thing, not the stop loss itself but the margin trading is inherently a very difficult thing to achieve. Which means that you need to actually pull off something amazing by calculating at where you should leave to save how much and so forth. Since, it is also quick, even a slight drop and increase would mean that you would be losing your short position for example.

This is why it is very hard to calculate and arrange that stop loss too. Spot trading is easier in comparison, I really do not like stop loss on spot unless I am invested into something that I really don't trust, but at least it would help you a bit more.

the use of stoploss is important to me, for example, I can't monitor the market. this aims to reduce losses if our analysis is wrong. but indeed the problem so far is that most of our stop losses are struck and the price goes up again, and this often makes us angry. but that is indeed we have to let it go, and must learn discipline, so that later we will understand the appropriate stoploss limits

For me, the use of the Stop Loss at this time is crucial, because it is not only to protect the position of not losing more money, but it is also the correct way to establish a balance of the vision that one has of the market in a temporary period.

I know a guy who doesn't use Stop Loss, but is in the market all the time and he protects his Longs with Shorts with leverage, at least he uses 25% leverage when the market goes very against him, then he never goes out , but for me that is a lot of pressure, it is a way of always interacting with money but very risky.

It's feasible to put an alarm on the cost you'd set as a stop misfortune and check the energy as the cost stretches around there to check whether it breaks it. You need to figure out how to see where to set stop misfortune. You need to watch out for what occurs.

Well, the discussion has been long enough to evaluate if this is Good or Bad, or if it was helpful or not. And to find out that the majority voted YES, was Good and it was helpful.

But of course, it was just ourselves that can assess how it affects us. As this also varies on our strategies and our decisions. This stuff makes the results different and even though we all are using a Stop-loss strategy doesn't mean we have the same output. Yet, it is very important to know how we communicate and respond to market situations.

I think it is better to use stop loss. This type of tool is very useful to protect if you have limited resources. This tool is a kind of controlling system. By which you can protect your assets.

Congratulation, that you later got it right like me. Since I discovered how to used stop loss in the community, it hard me to experience losses from my investments which many people are still finding it difficult to apply stop loss in their investment. Buy when it is due for long term investors to buy, and hold when it is time to hold which will really help you to embrace your opportunity that will keep you grow higher in profits making. Bear market is still on for trader to apply stop loss by keep holding till the price of coins increase higher before they can release them for sale to make a passive profits.

There are traders who rarely use stop loss and choose to hand-close orders. Yet, they are still able to manage consistent earnings because they know their edges and create a good trading habit. Stop loss is just a way to prevent loss. However, controlling ourselves is the true key. With such characteristic, ones know what to do, how to manage risk, and when to enter a trade.

Stop loss is not essential, but it should be crucial to all newbies who know that they are more "gambler" than "trader"

Many mistakes newbies used to make is not using stop loses and had made many investors to lose their funds cause they never see good reason to use it. Stop lose had saved me many times when the market suddenly becomes volatile. Using stop loses has it own advantages and disadvantages in different market. I have lost some of profits sometimes in trading due to improper use of stop lose.

Everything that has advantage do have it own disadvantage, so we need to be prepared and be time conscious when using stop lose. Stop lose had kicked me from trades because I used wrong timing.

You described the downside of stop-loss order accurately but you completely ignore the second side - you may lose significantly much without that. Don't combine the stop-loss function with the mentality don't lose more than you can afford to lose. These are two different things and together they will synergistically boost your losses.
Usually, you should use a stop-loss order when you don' want to lose more than 5%, 10%, if you set a stop-loss order on -30% of your capital, then there is a high chance that if the coin experiences 30% decline, it may gain back quickly or at least on long-term. If coin loses more than 30% and 50% for a long time, then clearly you invested in the worst case.

My advice is to just don't follow the written rules in trading, reality changes very quickly. Always update yourself with news and don't rely only on technical analyses.

They do rarely make use of stop losses since they do know that once they have loses they could still have the chance on taking it back as long you havent close the order.
Althoug majority of people been saying or mentioning about Stop loss benefits or usage but we know that there are specific conditions on which it could
fit out.

Here's a good read: https://www.marketwatch.com/story/why-i-stopped-using-stop-loss-orders-2013-05-09
Always consider that there's always a cons on using it.

You understand what I am trying to point out when i said stop-loss could also be the reason why a trader makes a loss if not used properly and this is what I want the OP to understand because misinformation was the reason why some newbie investors see Bitcoin as quick to rich scheme whereas thats not how things work.

Stop loss is staying at the same zone.

Traders could always reentry a trade just in case they missed a chance to make profits because of the stop loss they made. Yes, I agree that using it right will never be the reason of losing profits in trades, but the trader instead. Stop loss is to prevent further losses, especially if you're just a newbie trader exploring how futures trading work.

I personally don't use it since all I do is scalping. I use it whenever I'm doing something while Trading, that way I could multitask.

Stop loss is undoubtedly a good decision to use because we know that the crypto market is highly volatile. So without using stop loss you can't save your funds when it's a breakdown. In every trade we should use stoploss.

Maybe not, it depends on your trading strategy. A stop loss is a trader's way of exiting a trade when the price drops which may not be what they expected. It's a great option to prevent traders from losing more than they can afford, but I don't think you want to use stop loss if you are a scalper or scalping is your trading strategy of choice.

Then I also don't think someone who likes to sit in front of a monitor to monitor price movements would want to use stop losses, they might consider not using them while active in a trading session.

Hello!
I have also heard about this issue! Thanks for such valuable information! It has really helped me to solve the problem!

What problems had been able to solved? What issues you do mean?  Please be specific rather than on making shitty post on here.

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In regarding on making use of stop losses then it would really be varying on what kind of trader you are because SL's would be really just relevant when you are
an active or day trader on where you could make use of these tools but if you are aiming for long term then these things wont really be that needed
because once SLs been hit then there's no way for you to recover.

Stop loss was introduced to prevent further losses due to the volatile nature of the crypto market. However, it is still a vice-versa type of thing and it is not always a strategy of staying in the same zone since it depends on the range set by the trader itself when executing the trading decision.

Stop loss is a great tool in skillful hands, so to speak, and a real penance for those who don't know where and when to place it. I agree that it's very much like a knife or even like water - it keeps you alive but at the same time, you can drown in it. Everything is relevant, you know. There are tons of strategies to avoid stop loss hunting - some of them really work.
One can trade without a stop loss but it's possible only when day trading and being constantly glued to the screen. In that case, one may use the so-called "mental stop loss." Otherwise, you'll get stuck hoping that the market would "bounce back any minute now" while usually it just keeps sinking lower - been there, done that.

I always use stop-loss in futures, it is kinda hard if you are in futures and then you forgot to set a stop-loss. It will be very helpful in trading as well. If you don't have enough time to track the market and you only have free time trading that's the best thing to do if you are a day trader but if not I think it is fine without it, just hodl the coin until it pumps but make sure it is worth to wait.

There is limit to using a stop loss and we need to have that in our mind. Stop loss is used to prevent further losses that might occur when trading the crypto market. We use it to reduce our future losses incase the market goes against our predictions. Stop loss help more than what we have lost. Stop loss can makes a person make further losses and it can also market one loss.

There is a huge demand for them but here they evaluate the time but there are many of them who do not evaluate the time they always rush to get tickets but to fix them.
The reason why a businessman has to be very patient to chat is because if he can have soldiers then they will never be able to improve the business and if he can be patient then he can do a lot of good things.

For me, this is a necessary attribute in every transaction. Probably it helps more psychologically, since in this case I just install it before opening a deal and don't move it anymore

If the traders like the comment you have chosen to edit here, they will choose it here, but if they fall into the category of many people here, it will be seen that they will make a stop loss there, but here it is, there is a lot of training for each but a lot for it.  Use is required but there is no need to use long here