Bitcoin Forum

Hey everyone.  Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade?  It would be much appreciated.

ricseb

You must use Stop loss for each trade.

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

Stop loss can be extremely valuable in a swing market situation! The perfect example is the bitcoin recent price action. In less than 24hrs, bitcoin moved  downward in price from $20k t $12k if you are not trading at that time, you may find your portfolio value halved when you resume trading!

easy make two orders for each coin you wanna trade; one to sell in high price and other to buy in low price so you are winner in both cases of dump or pump. This is my strategy for my trades but yo should choose a coin with a high volume trade. You can try it with multiple coins and you will easly see the difference beside all other strategies.

It would really be a disaster when you saw up your portfolio have down almost 50%. I agree on what most people said on here about stop loss which is always advisable specially if you are kind of a trader which isn't really actively seeing price actions or on charts then you would need this because it can really prevent bigger loses when market goes into opposite way. The thing I done together with my stop loss is setting out a buy order this 2 things are always on tandem when I'm doing trading.

It is a very broad question. Calculate the daily historical volatility, multiply it by a constant and put your stop loss according to that.

But, extremely important: make sure your stop loss is actually a LIMIT ORDER and NOT a market order!
If the SL is actually a market order and a flash crash is happening, it could be possible to find yourself into a liquidity void and get filled at an extremely bad price, like this:
https://news.bitcoin.com/coinbase-under-investigation-for-ethereum-flash-crash/

Basically this is the important info: "According to Bloomberg, Ethereum dropped from trading at $317.81, down to 10 cents in a split second. However, its recovery was also swift. It regained a $300 price point in mere seconds. "

So, if you had a SL of type Market order @ $300 but no liquidity, a real liquidation price of $0.1 was possible, imagine that. Selling at $0.1 instead of $300.

Of course there is the risk that your SL Limit order will not filled and get through and that's why is important to expand your trading tool box with some automated execution algorithms.

Would like to answer your question as technical analysis is one of my favourite topics which I love to discuss on this forum. So before placing stop loss in a trade first, you must know what is a stop loss and where it should be placed and what are the different types of stop losses which trader uses based on their necessity.

Stop loss is a point or a place where the trader's view about a particular trading product for time period gets Negated. Stop loss are three types
Confluence stop loss, Volatility stop loss, Time based stop loss. If your stop loss is based on particular swing points, support or resistance then it is called Confluence stop loss. If your stop is based on Volatility of trading products and if you are using indicators like Bollinger bands, ATR then it is called Volatility Stops. And if you are using a particular time period for stop loss no matter how price behaves then it is called Time Stops and it is mostly used in the Sideways market.

Depends. Let us say you have $100 capital and you are trading on the market. Several unsuccessful bets with stop losses will just eat your capital. If you are coming with small money it can be beneficial to wait until your chosen asset return to high. Here comes the riddle - how can you be sure, how much time you will wait etc.? Stop losses are very useful when your have big well spread capital and you are working on bulls market. In traditional stock market during bear markets (like today on alts) traders putting very tight stop losses, but here with mad volatility... it is not so easy.  

P.S. Cryptocurrency market have smoked technical analysis. Some suspect Fibonacci personally.

For me stop-loss and limits trade works best when there is coin which is very very unstable. For example, the coin like NEO or XEM. They flctuate like very crazy in short time and you don't have chance to analyse the market properly. In this situation you can preset the coin stop loss details and speculate in advance what could be the winning position. I think this is the way one should use this feature of exchanger because it worked for me many times. We can also use it at a time when we just want to grab little profits and these could be as low as 1-2% on daily basis. Again the choice of coin is important too. :-)

Each and every situation.

You won't always gain. So stop lose is very useful. Usually is 10% to 20% but I use 15%.

This is true you need to do it every single trade from all of your target coins to gamble in trading, yes it is nearly in the gambling state as you are placing your bets with your speculations and information about the coins perspective and happenings throughout the market, 15 - 20% is enough as some of the coins will have a normal dumps of 10% if that is increasing up to 50% that would be a questionable one, but its up to your strategy that is my stop loss percentage opinion.

I think this is a very new market and extremely risky but it also gives us a lot of profits. To gain profits and minimize losses, you need to have deep knowledge and experience. You must always believe in yourself, always be psychologically calm before the wind waves, find the correct information you will capture the opportunity.
Good luck

Yes, stop loss is nothing but cutting our losses earlier and at the trend changing point. A stop should be derived based on a technical analysis as random stop losses may get triggered in usual market fluctuations itself. When a stop loss is set at trend changing point then we cannot do anything about the losses except accepting those losses.

In my experiences, stop losses are mandatory in order to prevent losing all the capital in one wrong trading. Because, no trader will be able to predict market movements accurately then we should be ready to accept losses often. But those losses should be in a calculated amount.

If those stop loss been triggered then recovery of those lose will be entirely depending on the next step you would made. Knowledge and skills would really matter since not all the times crypto market would follow technical analysis or on the indications been used to rely such movement. We cant do nothing but to accept those loss. 10% is too much for me on having that risked amount.

Stop loss is very important in trading because that feature will be reduce the loss and to minimize the risk. And percentase of stop loss should be less than take profit, for example stop loss 20% and take profit 35%. Stop loss very important in crypto trading because fluktuasion of crypto so high.

I never use Stop Loss in trading. Better to wait for favorable situation & keep patience. Stop Loss can curtail your loss but ultimately you get loss. Eating too much may not be good. Pick right stuff @ right time & wait..

I usually put stop loss if I am just doing it for short term trade, also when the market is bullish I would gamble on coins
that loves to pump but since we never know if it will continue to go up, we should set a stop loss so we will not loss all our money in the event it will dump.
Those coins that I have less trust, I normally put a stop loss, good thing my exchanges has this feature.

Then being smart traders is a way to stop loss in the trading, you should select the best altcoin to trade with and then watch its movement in coin market cap.

10% of stop loss is very big, dude
I always target only 3% if I lose.  I just think maybe if only loss about 3% alone I can get it back from another coin.
But if for 10-20% it is too far for me, I am not a big capital owner, so I really regret if you have to lose 10-20% of your initial trading capital.

I'm not a professional trader, to be honest I don't even trade, but that doesn't mean that I don't feel very curious about it, and I usually spend a lot of time researching on the subject. You must check the trends and look for the past prices that managed to act as a level of support in the past. Usually when these levels break, you will see the price declining a lot. It's like platforms, when a support breaks, the price will likely fall to the next level of support bellow the one that just broke. So by setting your stop loss slightly bellow a level of support, you will protect yourself from that fall.

After the fall, you should look for indicators that will tell you that the trend is reversing. You should buy your position again, put a stop loss on the level of support, and probably take some profit on the previous support that broke (and that served as your stoop loss that got filled in the past, since it will now act as resistance). If that resistance breaks, then you should let your profit ride, and change your stop loss to that new level, and just keep doing that.

This is just basic stuff, but it actually works, and if you keep looking at the charts and test you will slowly start learning on how to do this.

I am someone new to the world of trading, I try to do research on important things that I need to know about trading, one of them is this.
I read the guidebook in search engine google when I suffered losses at least I have to stoploss when mecapai 5-10%.
this is important, but if you know the price will go back to the beginning you should do is buy back, then you will have the advantage of both.

Stoploss isn't a "guaranteed" strategy. In the crypto space, The volatility rate is too high which means Stoploss isn't foolproof. For me, I prefer to let it dip, maybe buy more dips to cut my losses.

 If we do trading,it is import that we know how to use "stop loss".The essence of stop loss in trading is to prevent more loss.That is why,we need to how to use it.In trading the forex,do not forget to use the stop loss strategy.And we need to be a brilliant trader.

I can say about the exchange bitfinex. Pay attention to the history of trading in coins: there are such falls that you can stay without a deposit share. On other exchanges stop the loss rescue.

Hi and welcome.
Stop loss is a built-in trading order that helps you to risk management.

What it actually does, you decide a price level that below that your trade will be closed, and a trigger sell order at x price( you choose X) will be excecuted.
It is really helpful at situations when you are pretty sure that if a coin goes below X level( usually X is really close to a strong support level) then it would decrease in price even further, so in order to prevent yourself to exit the trade with a massive lose, the stop lose order triggers and exits you from the trade automatically.

you have to need more experience to know. You need to see coins future by research the history and follow the information in the market to make right decision

You should learn about support and resistance to applicate stop loss in market.
sometimes we must calculate average price and lowest price in graph but sometimes we must know trending at the market.
stop loss just to minimize your lose in market, so every trader has a plan about percentage and maximum loses.

You are not lost anything until you sell them so never sell for loss,just keep your coins when the prices are dumping.Another basic or golden rule is Buy low and sell high this is the strategy we have to follow if we don't want to lose while trading.

I cannot recommend anyone to use the stop-loss feature in an exchange as you will literally incur what was before your paper loss. I would rather do a preset of stop gain where you can still profit from your trade as it is still better than losing money. Before in trading I am practicing stop loss in my trades but then that is when I notice that it is slowly taking away my gains that is why I created a better plan in which I set my target prices so that I know when to sell.

There are really some traders that always loss their money in trading because of not having a good strategies or techniques in trading. If you buy some crypto you must focus on the crypto that you are hooldings so that you can be updated when is the pump or dump of your altcoin.

Yes I agree because we need some views of other professionals for us to determine which is which in that case we will be guided for your help.
Thanks !

This method is only advisable for experts in trading. A small capital traders will do 3 to 5% margin, and big capital trades will do more than 10%. But I am not an expert in trading I tried this method but not succeed lost few bucks. Now I am making a normal trade, and I will never sell my coins for loss.

At the same time 20% move in a cryptocurrency price is not unusual and almost guarantees that your stop loss will be hit. Yes however it does limit your losses to the stop loss level.

It really depends on what coin you are looking at.
Bitcoin's fluctuations are not so strong compared to other altcoins, so if you trade at bitcoin 5%-10% stop loss could also do the work.

In order to use stop loss correctly you need to have some knowledge at trading, you need to find the right support level and to place the stop loss below that/close to that, so the stop loss will be enabled when you have an advantage over the market.

Usually placing stop loss without knowing exactly where you place it would do worse then good.

Stop loss is one strategy that makes a trader to have another opportunity to take another shot at the market, it is considered as one of the important tools for an "experienced" trader. In order words, if you stop your loss when market turns against you, you can re-enter the market and regain your lose but you can lose everything if you do an open trade and this is caused by greed and immaturity in the market.

Use stop loss in every trade you order, it helps.

But you lose themoney from one trade and gain from the other, so you end up even, what's the point of it '

Stop loss can be a good strategy, but it can be very dangerous.
Actually, as all trading softwares have this kind of protection, in crisis situation a chain reaction will stars, usually with devastating results.

Having a stop loss isnt bad but those things should really be putted on reasonable ranges or spot 10-15% might do because markets arent predictable anytime it can go into opposite side which means when it hits up your SL then it would minimize loss. It would really decrease profits but yet much better since not all profits being affected. Stop gain is always been used but mostly i do make use this on long term trades.

If you have to use any kind of income side. Loss and direction will be seen before. For that Stop Loss Trading

There have been a lot of losses since stop-losses did not work for some time. For this reason I do not use stop-loss. Stocks are not guilty, stop-loss is not working because of bots.

Stop Loss in trading helps you to preserve your capital to reduce the damage to your assets. This is a great way to preserve the assets of investors, and I often use stop-loss after buying good altcoins. Because the cryptocurrency market is so volatile, the most important thing for you now is to preserve your capital so you can invest as the market recovers.

Trading is truly an unpredictable thing and here trading without experiencing loss is something impossible to attain. Because the market varies with time, sometimes the same leads to profiting and the unexpected fluctuations leads similar to the one happened recently causing a massive loss to lots of traders.

If you are into trading, better to do it on your own because you are supposed to monitor the market as a trader and if you cannot do it you will surely loss the money. Cutting losses is really advisable sometime specially for the traders, this is how risky the market is.

There was a time when I hit the stop loss, sold it then the price
went higher. Now, I don't use stop loss. When the price goes
down, I just wait until I gain. Just hodling for some time.

Greed makes us forget to do that, when we are in danger, and potentially suffer huge losses.
Holding is very boring and full of uncertainty, but stop loss sometimes makes us regret. there is war and that is the importance of emotional management.

Stop loss isn't really needed but recommended to those who can't suppress their greed.
Implementing stop losses is like having a support barrier on which you have no control of. I am totally against it.


If you can truly read and understand bollinger bands, you don't need stop losses to begin with.

Stop loss in trading is needed, if I trade trash coin I often cut my loss about 5 - 10% but with other cryptocurrency has good potential like XRP, IOTA, NEO,...I often don't do that :)), I just buy and hold then sell them out when I feel it's enough. But sometime I still lost because of my wrong decisions. LOL. Maybe I'll try to use a trading signal in the near future :))

I think that in order to minimize the damage caused by the trade, we should all set a stop loss mark so that we can preserve our investment at a safe level. For me, I usually leave a 5% -10% Stop Loss rate for every penny I invest. I think that is a safe level that you can accept. You want to trade safely so choose this Stop Loss level.

I know this is a new market and luuoon fluctuate constantly, I often see people when they hear the bad information about bitcoin, then sell to save the capital, But such a move is not very Well it will make the price of bitocin deeper. I usually put a stop loss at about I think is quite high 10% -15% depending on market information after technical analysis.

To stop loss in trading is so difficult mate.. And i think no one can prevent on it  because also of the market situation nowadays which is so volatile  and perhaps no one can predict when will be the price goes down and up even though we always monitoring the market graph because the price of all cryptocurrency is very unpredictable.

Losing is inevitable but if you will continue to do the same mistakes over and over then there is no room for success for you.
You have to make sure you learn while you continue your journey in trading, "stop loss in trading" is just a feature in some trading sites but if you do not know how to properly use it, it will not help you to succeed.

stop losing just the same you sell the coin you have, you should not do akrena if you sell the coin then you get the loss, you should save and hold the coin you have and believe the price will definitely come back up in the future or a few months which will come.

For sure holding is best for all! most of people use to sell bitcoin at he ,id of trading and they do not show patience for bitcoin this way they sell at LOSS, price of bitcoin is increasing and trading is also now very common so no worries  buy bitcoin trade but for long term not only day trading because day trading is not so profit worthy; it is your own benefit so work on it you will surely get profit instead of lose.

Stop Loss trading is a very important thing to preserve your capital during the downturn and you can not react quickly. Always remember to put the stoploss from 10% - 20% to get back the capital if market unfortunately goes down too deep. I often use stop loss and I am very happy about this feature. Do not be too greedy in this market, as you will probably lose everything.

I don't think it's a good idea for selling your shitcoin even you want to cut loss because you can't never tell what exactly their future to be like, take verge as an example, this is just a shitcoin before but now became a promising one. So holding is still the best way to profit and if you want to cut lose maybe you can forget it and calm yourself as you can't get back those losses by selling in dump price.

We cannot actually stop the loss because we cannot easily predict what will happen in the future.
For me, if you have invested coins and you are incurring losses, the best strategy is to just hold it and be patient for the price to rise up again.
Actually, you are not incurring actual loss but only a paper/virtual loss so if you will withdraw it then that is realised loss in accounting term.
I would suggest that just hold and take it as opportunity to buy additional coins because the price is low and then hold until it rises up again.

First you have to have speculation on what price i will cutloos or release profits, it is not advisable to buy cryptocurrency at random, information is also needed here because if there is no latest information about coin that is hold, better for cut-lose but if you want to take a risk then hold it.

I think at the present time due to the bad news from the Tether coin as well as the US government has greatly influenced the price of Bitcoin at the moment. We can see the bitcoin price has fallen by 10% in 24h,  I bought bitcoin at $ 12400 and now I have lost more than 10% already. I am very worried about how bitcoin can adjust prices. I put a stop loss rate of 15-20% and now I'm very worried.

Stop loss is very advice in trading.
But As i know, stop loss in cryptocurrency trading is very unique. I mean stop loss is till the price zero.
No more people use stop loss in crypto trading because the price will be back to high price again. Thats typical crypto trading.

 fluctuation of cryptocurrency trading is high so a stop loss is a must.
Percentage of stop loss should be less than take profit, for example stop loss 15% and take profit 20%.

If you want to stop loss on trading then just hold your coins for today and wait for the price in the market to pump up again, in this way you will avoid losing more of your coins since the market prices are still dumping.

Learning to use stop-loss is very important, because stop-loss minimize our loss. 2-5% for day trade is great

Protective stop loss are very important in trading for maintaining risk-reward ratio. I can't tell you exactly where to put stop losses as it needs to be combined with technical factors at that particular market condition. One should consider the volatility of market while choosing a stop loss. More the volatility, loser should be the stop loss. But here also a trade off exists, a stop loss can't be placed too close/far which can lead to unwanted liquidation/huge loss. You need to find a middle ground which can only be analysed using technical analysis.

So, you can't ask others where to place your stop loss, you need to figure it out yourself depending upon the market condition and how risky the trade is.

If you are to use a stop loss in play, there is no guarantee that your order will actually be matched.

I think so too we must Stop Trading Losses, because if we trade loss we will never get income, here we have to earn profits in trading, the key is just be patient and keep trying.

it takes a lot of guts and commitment to successfully use stop loss trading. I set up my trades usually as a 2:1 trades and commit to a stop loss at 10% if the price get lower than that then I need to reconsider my calculations, because I try to buy dips.

It is important how to pick stop-loss percentage to prevent as much downside risk as possible. It depends on history analyses how much a coin fluctuate and Your trading style as well.  When active trading usually use 5-10% , while trading long term using 15-20 % stop loss.

Stop loss is suggested anytime but the question is on how deep would you set it out? This would really be hard and depending on traders bankroll on how much he would willing to risk out for a possible gain. The thing i dont link on having stop loss is that this crypto market is really prone on breaking or eating up anytime stop losses which it would always result into negative and breaking even would be really hard.If you dont like for your SL to be eaten i dont really set it out but its too risky because it can burn your account in an instant.

If there was a way to stop losing to every trade then no one would complain and gather information about crypto's anymore. Stopping a loss in trading which can't be stopped isn't your fault it's either a bad timing or a correction on a coin. Would take a lot of efforts and experience to stop a loss in trading even for professionals they can't stop a dumping rate unless they endure or sell it then purchase another set of coin.

You seriously need to start using stopp loss if you are really looking to be a serious trader that is going to be in here for years, so take it seriously

I believe that with a market that is in the downtrend stage for the time being, it is very difficult to trade successfully. To lose a profit safely and minimize the risk I believe you should trade short-term by day and always have a specific trading plan. The bitcoin price is fluctuating continuously so I just leave a 3% stoploss.

Trading in the market is not the best thing to do right now, you should keep your coins or invest more because the market price is continuously dumping, patience is very important in order to avoid losing a huge amount of your coins.

This is like the easier way to trade and also it is helping me to keep calm because I know that I would not get up tomorrow in the morning and see that I have lost $10,000 in wild one night :)

It is great to use this principle because it is my worst nightmare to get up in the morning and see all of my funds just gone.  and stop loss trading would prevent this.

Trading loss does not mean you will not get anything as that depends on your own trading pattern.

If you know you just want to be an investor, then you surely do not have anything to do with stop loss as you can just take advantage of more of the lows to just simply buy more, but for stop loss, it is something regular traders have to inculcate in their trade.

The idea is to find better spots when you simply have the assurance the market is going lower than you bought it based on some break in support. Nevertheless, it is not everyone that will know that as they may simply not have the knowledge to trade in the first place which is why some people just end up settling for being patient.

of course, very important cut loss in trading. Present conditions cut loss is a thing that should be used by the trade so that they can reduce the loss of their trade.

Placing of stop loss is the ability to identify support and resistances. It is normal for coins or tokens to bounce from a support and show some reversal sign or price action to buy at that support, but below that support is where anyone wants to be stopping loss as that gives it more room to go try the next one just in case it breaks the previous one. Nothing is certain in the market and that is where the stop loss comes in handy most of the time.

I don't think you will find a lot of professional traders here, apart from self-proclaimed ones, of course. With that said, the question is not about stop-losses as such. You can use them or you can not use them, and you may be right in either case. It all depends on what you are doing and what your aims, long term or otherwise, are. Stop-losses are just a tool of getting out of a situation when things get out of control. In other words, you can't generally say whether they are good or bad.

For example, if you bought a couple bitcoins at 20k and don't really care if the price hits zero tomorrow and Bitcoin itself kicks the bucket the day after, then stop-losses are meaningless to you. On the other hand, if the price crash is not what you are happy about, then existing a position as soon as possible is likely the only way of action and reaction which you should take.

It is strictly important and what people do not understand is that while using the stop loss, you stand a chance to enter at a better position lower than just holding through. However, the challenge I have seen with some newbie traders is that they do not even have an idea on how to trade, let alone, know where they want to be placing their stop loss when stop losses is part of trading as much as buying and selling.

Stop loss however is dependent on each trader's strategy which makes each trader to have the best position for their own stop loss, but like I said, it comes with knowledge.

Stop loss is normally been placed on below supports but the nature of crypto when it comes to volatility it can anytime break out supports and pass through or pierce your stoploss where it would really be already considered as loss unlike on not setting any stop losses it sounds too risky but this is an advantage on my side.You can still have chances to recover but well it depends on a certain trader if he would put stop loss on all of his trades or not.As long you do know how to point out support and resistances then its good.

If you dont want to loose to much is better to use such features cryto-trading is half way risky so you can just bee gaining one minute and the next you loose everything

Even though you had brought a bitcoin at high price.It doesn't mean,you are going to lose your money.You had one option for the escape.You have to hold till the price of holding bitcoin is lesser than the price of brought bitcoin.This is only option to evaluate from the loss.

I think learning how to properly set a stop loss, and stop limit are absolutely fundamental to being a good trader, and not being left holding bags that nobody wants. If you're thinking about trading, and have never heard of these terms, then start researching now as it will save you from losing a lot of money if you accidentally buy into a pumped coin or the market completely dips.

Stop loss is a good strategy right now, all traders must have the analysis to do it.
But if I go deeper I think should do buy back and wait a while to sell.

I believe that stoploss is a must in any trading plan as long as the market is bearish and bitcoin prices can drop sharply at any time. Stoploss will help you to delineate the risk and minimize losses when the transaction fails, so this is indispensable. According to my analysis, bitcoin prices will probably continue to fall sharply and will probably hit $ 5300 mark in the coming days.

That is not stop loss, which is just simply HODL. Stop loss is a different ball game entirely for traders. As an investor, you are simply looking at the long term prospect and care less about the current fluctuation but as a trader, you are taking advantage of the fluctuation which makes such a person totally in need of stop loss most of the time.

Believing analysis 100% of the time for a trader is not the right thing to do, which is why it is necessary to always use a break in support most of the time as a stop loss as market can still reverse downward even when there is a change in trend signal to the upper side.

Stop loss can be really helpful in some cases, but, as far as I know not every exchanges are allowing traders to use stop loss function. And not all of them are providing this service after all...

A wise trader puts his stop at a level where he has to assume that the trend is going to be broken ,it is also important not to set the stop loss too tight, as the current volatility could execute it without reason,a price has to have the opportunity  to move around the entry within a certain range,  this will often be right but sometimes not,when having been stopped out  ,you always have an opportunity to go back in,

That's why stop-losses in their strict meaning (as automatic triggers) are mostly useless in the cryptomarket. Please note that it doesn't mean that they are useless as such since in established markets like commodities (oil, gold, etc) they come in quite handy. But with crypto, they should be used sparingly and definitely not in the way they are used elsewhere, i.e. as automatic triggers for closing a position if price falls down to a certain level (or climbs up if you are shorting). If used in this manner, here, in crypto, their mindless, thoughtless use will likely only add to your losses. Then again, it doesn't mean that you shouldn't close your losing positions if things get out of hand as I already explained in my post above.

very easy to stay away from losses you must be smart to read the market movement when it's time to buy and sell and not to sell below the price you buy

Look at the lessons of trading in traditional financial markets and there you will be told in detail what options for using stop-loss exist. In the crypto-currency topic, not so much information is useful.

Monitor the market for me my personal strat i just buy low sell set on high then roll over and over again i dont do scalping often for in this method i always end up losing than gaining.. Or you can do arbitrage too selling/buying
token from one market to another for the're some intances the price of coin have big difference on different markets.

In fact, any trader that does not inculcate stop loss into his or her strategy still does not know what they are doing yet. As long as you have a strategy and there is something you look forward to before entering a market, it makes it easy for you to use that to set your stop loss below where your strategy comes to play as that shows the possibility of further drops.

Most of the time stop loss is as good as buying and selling in a market and you do not want to be caught in the middle of the point where you just have to wait for a very long time to see the market recover before eventually getting out when you could have used the fund to gain much better.

that should be what people have to do, stop their losses and keep some of the coins they currently hold, and for example still have more money, no harm too eg they will buy them back for them to save in a period that may be a little bit long time, if the more we sell when the price drops, it will affect the price of coins will be lower again, because there will be many people who panic and sell some coins they hold.

When we are in a bear market I use a very tight stoploss. 3%
in bull - 8%.
It depends how much you can afford yo lose.

to be able to do stop loss trading like him you should always see the condition of the place of exchange and in my opinion it will make you lose because it sells bitcoin you have at cheap price so you better hold the coin you have only.

I found stop loss very helpful for me, while I was trading HYDRO tokens, as far as I know the price is lower 5 x than it was when I have sold them, it is great!

A lot of very profitable traders I know don't use stop losses at all. There are different strategies and different risk management. You can check this article it's very good https://medium.com/@cryptocreddy/5-stop-loss-mistakes-to-avoid-bea274857371

I havebeen make big mistake in trading by did not use stop loss, and finally i lose now more than 50% , so stop loss is very important to avoid big loss. Use stop loss in trading is great risk management in trading and this is way to minimize the risk and to make profit later. Use stop loss for example 10% and take profit 20% is good strategy.

stop loss trading you can just by holding the assets you have and do not be easily affected by the existing situation because if you can not control your patience you will be difficult to get a profit.

It's inevitable at first losing can't be helped if you're gonna trade. Can't stop losing if step on a shitcoin you. The only one that can stop this phenomena are of somebody or a group that can manipulate the shitcoin by investing large amount of money at once.

now i cant' cut loss,i only hold my coin,i am really afraid the crypto market,i don;t know the market can go up again or it fall down and never recovery again,the price BTC low today but it is hight of tomorow

All traders should use stop loss to avoid losing all your position, its up to you how much you are willing to cut loss others usually set in 10 percent on lose you can set yours 5 percent if that what you are willing to lose. Those who set stop lose most likely succeed in trading because others become bag holders because they are not aware of this rule.

Like they always do say, the only time you are losing is when you are selling at loss and saying bye totally to the market. Markets are always bound to recover at any point in time, but trying to expect things to always get rosy is absurd.

In trading however, even with analysis, things can go wrong most especially in a volatile market, and you will really need to be careful so you at least know how to get out when it is necessary or the chances looks like one that is not going to end up favorable than gambling it. At least, that gives you a chance of buying back lower.

I am a professional cryptocurrency and Forex trader, I use in Forex trading MT4 because MT4 is a very useful tool for Forex trading and I also know chart and candle pattern. If you want to start cryptocurrency trading you need to have some knowledge about chart and candle pattern otherwise you can't understand the market condition.

Stop loss trading is the main part of cryptocurrency and Forex trading because how many profits do you want to make so, on the time you must set stop loss otherwise you can't make a profit and Forex site if you did not set stop loss trading you lost your whole money in a couple of minutes.

Stop loss is a necessary tool to use. The negative side of it is that the exchange owners can see all the stop losses and speculate against them.

stop loss is good if you are a newbie in here, because it will avoid you to loss more money than what you can afford at the moment

I believe that with a market that is in a bear market in the long run, it is very important for you to place a stoploss in every trading plan. You can see that bitcoin prices are dropping sharply over the last few days and the recovery is weak, currently correcting at $ 6200. I think that at this time, when the market is gradually falling into crisis, you should only short-term trading and always have stoploss to be able to zone the damage.

Stop loss is one of the main trading tools,it allows to limit your losses if negative scenario occurs,in fact its a sell order which can trader set according the minimal acceptable price,ex.if you buy  XVZ for 487 satoshi expecting the coin  to increase in value ST should be set onto several points below the purchase price ,that way you will not accidentally waste everything in a case of sudden rate fluctuation. 

every time I think the marketplace may be down Then I gave stop loss.whilst the Bitcoin is pumping, the altcoins are probably to be dumping.Altcoins are pump when bitcoin strong.forestall loss will usually use 10%-15%.

Stop loss is very useful, you should use it for each of your transactions. Depending on the extent to which you can accept losses. I usually set about 8-10%

If you do not want to lose more if your coins then stop trading and just hold your coins while the market prices today are still dumping, wait for cryptocurrency to go back to normal because crypto analyst today are expecting for the price of bitcoins to reach $50k dollars before the year ends.

In handling of trading losing steak,,,,traders have enough confidence that they're not trading in fear,many new traders have getting out if traders too quickly or if you experience issues or have

indeed we should be able to wait for the crypto will go back up again, if we sell at the current price of course we will experience a huge loss, and it is very worrying tentunta, maybe this is a good time to buy not to sell, but probably already many once people are already trapped, and this is a chance for beginners who have not been stuck and now they can buy it to hold it until everything gets back up.

That is usually the idea of not losing too much but this is not just about losing too much, as you need to know exactly where the possibility of a further downtrend could come into play and like some have said, you will need to identify the break of support and most especially with volume so it would not end up being a fake breakout.

In that case, it is always necessary to always plot out the profit to loss ratio before even entering any trade and for that, you must make sure at least the risk ratio tends towards the profit side than the loss side.

Yes, it is the easiest variant but it works. I know that most of the traders that have chosen to hold their cryptocurrencies did not lose much even during the bloodbath period. Also, try to choose top-20 alts.

if you are still a newbie in trading, you can focus on one coin first. you learn the movement of the coin, and remember do not rush when you want to sell or but. analyse the market conditions first, and if you do trading and have a profit.
stop first, in the next tomorrow. do not be too emotional to get a lot of profit. and many of the trading methods that exist on youtube, you can learn it.

Trading without use stop loss,  I think will be the samething like gambling. Use stop loss in every trade is very important  to avoid bigger loss. From my experience  in trading,  I been loss because don't use it,  and learn from that mistake,  now I should use it in every trade. And exchange that offer this stop loss feature is binanc and Poloniex .

Stock market is uncertain, so it is risky too. So stop-loss strategy used to reduce the rick in trading. It safeguards investors from incurring huge quantum of loss.

This is a great suggestion for newcomers to the market as these are valuable experiences that many people have shared. I think that this market has a lot of potential, but because it's so small it's easy to be dominated by wealthy investors so please define long-term investments in the market so you do not have to worry about much about the market volatility.

Stoploss when trading is indispensable in all transactions at the moment, the market is in the downtrend stage, so bitcoin prices are constantly adjusting and difficult to predict, bitcoin prices may continue to fall sharply. at any time and if there is no stoploss, you will lose a lot when heavy bitcoin price drops.

I trade to stoploss 3% during this period.

I found stop loss trading useful for me but I have misunderstood something in the preferences and now my portfolio is consisting only from bitcoin and Ether, because it has sold everything else

No one can say when or what time the altcoins prices will fall so even if you're a professional trader you can not really avoid losing trading
 and I do not earn you sometimes at the same time you can make a turnover when you hold a long time.

I think we should do that in each and every trade !!!  :)

Stop Loss when you have loss of about 20%
I started with placing SL for the following important reasons. Firstly, you always have to think about risk before coming to a reward and think about risk at least twice more than reward. Secondly, we need to consider the SL to determine the volume of transactions, interest rates and possible losses.

Hmm. hiring someone to teach you costs a lot here in crypto world.
Why not learn by yourself? because we traders have a unique way of trading,
so stop loss depends on your trading style

My biggest mistake in crypto trading is did not use stop loss in every trade, and finally i can not handle the situation of market because the price already going down more than 10%. So now i have to use it, the best stop loss area is 10% and take profit minimum 15%. And the exchange that offer stop limit function is Binance, Bittrex, Poloniex, Bibox and Kraken. By use stop loss in every trade you can trade without afraid and worry when the price big crash when any bad news.

stop loss in my opinion is very important to do to reduce losses, because if you do not stop loss then the more losses will be, stop loss is done if making a purchase at a price that is too high.

For some reason stop loss never worked for me. It triggered selling and the next morning, it was up by 20 percent. Then i fomoed ;D

Don't loss the trading. So learn the trading process and time to complete the process. It good for the future growth. It any time to up and down the price. So don't loss. Before trad leaner the information of the best coin list and price list. It good for the future saving. It any time to trad. But check the price day by day in the market place. Then wait for the price down then invest. Most of the people wait for the that time. Then plan to work and complete the process.   

What are you talking about dont loss the trading?
Im quite sure that you dont have any idea about stop loss,arent you?

Dont post out unrelevant things if you dont even know on whats being mentioned on op, if we do mean about stop loss its a technical aspect where you do set stop loss on trading where if it would be hitted up it would completely stop op your trade rather than on continuing the negative outcome. You got it?

Stop loss Trading can be extremely valuable in a swing market condition! market has a lot of potential, but because it's so small it's very easy to be dominated by good investors so please define long-term investments Projects.Best stop loss area is 10% and take profit Up to minimum 15% from It

Opti gonna open around $6 or $7 on C2CX

I am not a trader I am an investor and I do not use stop losses but if you are a trader I think that using stop losses is a good approach on trading because you can control your risk and it is highly important on trading. As far as I know there are a lot of articles which describe how to use stop losses correctly.

I think trading strategy using stop-loss's very complicated and should be used with extreme caution even though you are an experienced bitcoin trader, and this is by no means advisable for bitcoin traders especially beginners. I don't recommend you to use this way. Sorry if it sounds contradictory to general trading management rules, but sometimes we have to think creatively and try new things. I'm not saying that you will trade without any tool on your account when I say trading without stop-loss, but we will use other methods. This method is in the opposite form of trade. The intent's we open a Long position when we have a Short position which is open or otherwise. This thing will replace our stop-loss strategy because when we open that position the loss in the first position's already locked, and you will not lose more than it already has. This strategy which I use every day.

if you chose a real crypto like btc and eth adn lite you'll never need to mke the stop lose , because however it fall and you lost you could recover in the future when it rise again

Of course they do. We have to set a stop-loss in order for us to prevent ourselves to loss our portfolio without us knowing. It is so wise to use it before you regret in the end.

You should use stop loss in every transaction, because it's not possible to follow transactions until the end of every move. Stop loss can protect you from any loss. Even stop loss can not stop the price change in Forex in some cases, but in cryptoworld i have never heard.

I do not use the stop loss when trading. Sure the coins will rebound as prices rise so we should hold without having to use stop loss

The bitcoin price has fallen far too much, so it's also a big loss of money I think I've been knocking down the price last week but now it goes down big and big that I've got a lot of money so it's normal to lose trading in my perspective.

Yeah restraining is the right thing to stop the losses, but not infrequently holding back just to multiply losses?
if you want to hold back, make sure that you buy and hold a coin that still has the potential to recover like bitcoin

now we have to choose stop for trading, because the market price again decreases, if we continue to trade we would lose much, and also if you want to trade should wait for market prices to improve

stop loss is done if making a purchase at a price that is too high. important to do to reduce losses, because if you do not stop loss then the more losses will be

You need to have a foresight to put stop losses in the trade. Beside that, you have to make sure your profit target is one day or one month, do not be too greedy. Most traders because of greed suffered huge losses. Make plans and goals, you will work more effectively.

Stoploss is a must for trading! Newbies tend to forget this command, but you have to remember putting stoploss on every orders you have.
Trust me, I have lose quite a lot because I did not use stoploss for my trading orders. We can lose 3-5% for stoploss, but without stoploss we can lose around 10-20%.
For example, you bought bitcoin at 18k, but you did not put stoploss at 17k5. Now bitcoin is 6k.... Think about this case guy :)

Yes i agree, always determine your stop loss placement before determining your position size, your stop loss placement  should be determined  by logic not by greed means that you should not purposely  put a small stop loss on a trade just because you want to trade a big position size, many traders do this and and it basically like setting yourself up for a Loss before the trade even starts.

In my opinion, always put stop loss in trading, no one know the future, even your analysis might follow trend, chart, ... If not, you could lose everything

It is important that the loss lies in your ability. You can stop loss 10 - 20%. Do not rush and let your emotions interfere with trading. After the stop you will gain experience for the next trading

I also started to doubt with HOLD, this is too long and very boring.
I started thinking for stop loss this is another way to save our assets.
unless you are confident to keep HOLD. 8)

for cryptocurrency, you can use stop loss of about 10 to 20%. this is optimal for medium-term trading and 5-10% for day trading

Yes you should use stop loss whenever you bought coin, even you have to use it when you want to hold the coin for long term because crypto has high fluctuacion and we dont know where is the bottom. I have seen some token is going down to more than 1/10 , so its very big risk trade without use any stop loss.

To minimize losses you must first know the stop loss order for your transaction. And then you should look into the market and learn patience

Nice thread, loads of useful trading info!

Thanks frens!

Yes, it is really the best to use stop loss, because stop loss doesn't mean it is over, you are setting stop loss to recover your loss, or not to loss any bigger. Once the stop loss hit, you should do quick trade to get the loss back, just don't be greedy.

Losing money in trading is normal. They don't have any strategy or anything to stop losing. Even the old traders even they have a lot of enough knowledge is losing money if the coin that they hold our dump like me not always I earn sometimes I lost but not always because I careful of what Im doing.

In the midst of trade you are both Los and Profit. Still, the strategy to stop losses on the trade is to apply. In my opinion, the coins which are less profitable are not lost. Make more trade of these coins.Selling coins at lower prices and selling them as soon as possible. If there is hope for higher profits then there is possibility of loss after the price decreases.

And for what purpose are you interested? Do you want to be taught how to set the stop loss correctly? I can consult you if you have any questions about this topic.

The only way for you to avoid losing more coins when the market prices are dumping is to hold your coins or you can invest even more in order to earn more profit.

I am never using stop loss, because i am always paying attention to the market while i am trading, i do not like to be off while i am doing my trades because you can easily lose some opportunities to make a few extra bucks per trade, that is why

Stop loss is sn essential risk management tool that may mitigate losses and the case that you made a wrong call,but it is not meant to eliminate all risk, the price should be set far enough into the loss territory  or at a place from where a  return  to profitability for that trade seems unlikely.

I think that with a market fluctuating continuously and gradually fall into crisis as the current time, the successful transaction is very difficult. It can be seen that bitcoin prices are continuously falling from the $ 20000 level and are adjusting at $ 6200 level. I believe that bitcoin prices may continue to fall sharply in the near future, so you should trade short-term by day and have a stop loss in every transaction to be able to delineate the risk.

Well you have a good management in you trading. I guess i need it too.  I need to give more time with my trading and check the market situation and do something if it is needed.

I think to stop loss is to do switcing, panic sell is not a good solution because it will make crypto value down, so as long as switching can still be done then never do panic sell.

market very dinamic, if we dont check it regularly we trapped in to huge loss.evenmore you dont stop loss, it very risky.although you are expert but always make risk management in each our trade.

I recommend to first learn the pros and cons of trading and start learning some indicators for price speculation although it's not 100% accurate it can be use to minimize your losses and enable you to cut your losses when there is a bear trend. Also candle pattern and fundemental analysis is also needed.

Anyway, it is really impossible to stop loss when trading. You have to be the coolest professional to avoid even the slightest mistakes, and this is difficult to do.

I think stoploss at this point is very important, you can see that the market is fluctuating continuously and all are fluctuating at the price of bitcoin. The price of bitcoin is in the long-term downtrend, so I think the bitcoin price could fall sharply in the future, so you should put stoploss in every trading plan so that you can minimize any possible risks. out.

In the market where fluctuations is really huge, stop and loss is really important, many traders who are familiar with this strategy always set their own assessment and provide better height doing their stop and loss entry, this such actions give a little precautions to avoid bigger losses just in case the timing is not favoring your entry points, if you are playing with short term trade it is a must to have this from your system it will give extra support for you capital investment.

 I find it useful for me, but for now I'm not using that because the market is in uptrend, this thing is maximum used for when the market is falling and you don't want to lose more than you can afford.

I have had time to go through this period. When I first started trading, I lost a lot of money. This made my mind to collapse a lot. But the persistence of learning made me overcome the fears when the market went down and from there I get profit.

I think stop loss at this time is very important when you trade, you can see that the market is fluctuating continuously and bitocin prices are constantly adjusting, so to be able to minimize and zoning You should have a stop loss in your trading plan. We can not know the price of bitcoin will return to landmark but the market is still in the downtrend stage so we should not be subjective.

I know a lot of professional traders who don't use stops at all. If you trade on bitmex with margin thou it's a different story.

If you are a trader you must use stop-losses not to lose all your money fast especially when you mistake. Every trader have to respect the money management and stop-losses help us to do it.

With this market, it is normal for you to trade losses. But do not let this matter affect your psychology, one day you will succeed in investing.

it takes a lot of guts and commitment to successfully use stop loss trading. I set up my trades usually as a 2:1 trades and commit to a stop loss at 10% if the price get lower than that then I need to reconsider my calculations, because I try to buy dips.

You can never stop your loss in trading because the market is volatile and that is also the reason why the market is very profitable and traders do really like the volatility.

I am scalping for months now, and I'd say 2-3% stop-loss
is safe. But it depends on your trading strategy though, I
am only aiming for a 2-3% or higher profit

Stop-loss is used when the price of a coin reaches the minimum acceptable price set by the trader. For example, you bought a coin X for 0.11 eth. After the purchase, you evaluated the situation and placed a stop loss (this is for sale) at 0.10 eth. This is a kind of insurance against the fact that the price will go even lower and you will be in a strong minus. Also there is a take-profit. It is used to fix profits.

Stop-misfortune is utilized when the cost of a coin achieves the base worthy value set by the merchant. For instance, you purchased a coin for 0.134 eth. After the buy, you assessed the circumstance and put a stop misfortune this is available to be purchased at 0.10 eth. This is a sort of protection against the way that the cost will go even lower and you will be in a solid short. Likewise there is a take-benefit. It is utilized to settle benefits.

As I know, Every trader loses sometimes. Loss and profit is the common thing in trading. You can't make the only profit without losing anything. And, without loss, you can't be the great trader. A loss in trade is very helpful to make the good experience about how to make the profit in trade. If you have big money to trade then your loss will be little if you trade with good coins. But, If you start trading with a low amount of money and you lose, then that amount will seem to you very big. That's it. This happened to me a long time ago. But now I know I can trade and I am very happy with my profit.

I would be very sad if the transaction occurred

to be able to stop losses in trading you seem to need expertise and can control your patience so you will not get the loss again because if you can not control your patience then I am sure you will only get a lot of losses.

I can't say I'm a professional trader, but I switched to scalping
and I feel safe if I set my stop-loss on 2-3%

from YouTube bloggers can advise Gerchik, from the literature I can recommend books by Edwin Lefevr " Memories of a stock speculator"

They are like the best thing to always learn first most especially as a trader either short or long term.
One thing about the market is that even with analysis you cannot always be 100% right all the time as things can happen the other way round and one thing with huge loss is that you are already set for hitting the point where you may just have to be patient or buying back some more lower to at least compensate while moving up. Stop loss is highly important if you do not want to find yourself in such shoes.

I think figuring out how to appropriately set a stop loss, and stop restrain are totally essential to being a decent merchant, and not being left holding packs that no one needs. In case you're contemplating trading, and have never known about these terms, at that point begin looking into now as it will spare you from losing a considerable measure of cash in the event that you incidentally get tied up with a pumped coin or the market totally down.

You know you might be right buddy but it also a vice-versa situation because it not good to spend so much time watching the market movement and I'm saying this cause I have see some people that loose their investment through such act. Therefore, there's limit to everything.

Stop loss would always been helpful but still having a significant negative effects yet you cant able to recover back your loses specially when the volatility would spread up on bigger ranges where it can trigger up your stop loss frequently this is why I don't use it up but rather just letting the price do negative as deep as it can but this is risky and do really like gambling at all yet there are really times which you do really trust up coins potential. For swinging trades this is also a helpful tool.

I completely agree. My answer was about a question of what a stop-loss is.
Of course, to use this tool, you need to understand many points, know when to use it, and when not. Many traders lose when using stop-loss. Personally, I also use it only in certain transactions and only under certain circumstances. Therefore, I recommend to everyone and the author to start with a good understanding of different situations in the market and how these situations affect the price of coins. And only then start to use this tool.

I sometimes use Stop Loss in trading. But Better to wait for favorable situation & keep patience. Winning too much may not be good. Pick right stuff @ right time & wait

In trading, its always advisable for people to have stop loss in their trading and thats it. Its more conservative and you manage your risk when you have stop loss in your trades. If you dont use stop loss and the trades goes against you so much, you would lose money

What exactly do you want to hear?
Any position must be protected by a stop-loss
as the crypto-currency markets are very volatile
If you are interested in a specific place to install a stop-loss
Then it must be installed in specific places, such places are determined by technical analysis, and testing these patterns on history, depending on the instrument.
And only after testing the algorithm you can start trading
Otherwise, you will not do it, as trading is hard work.
If you are interested in learning more about trade, I have my own resource: http://www.insiderport.com/
Or find another community where you can find the advice of practicing traders

loss is a must to deal with in trading, because it is a risk. but with the strategy and mastery of how to trade, a trader can minimize the risk. for professional traders, loss is a valuable lesson for more and more experts to trade.

Due to this up and down rollercoaster type of movement, if you set a very tight stop loss (where the stop loss is set quite close to the current price), then these natural ups and downs of the market may very well trigger your stop loss even though, overall, the asset's value is going in the direction you want. It's a delicate balance to strike, and familiarity with the type of asset you're trading will help inform how "wide" (far away from the initial price of the asset) you set your trailing stop loss. It's no use setting a stop loss which will just be triggered by the ebb and flow of the normal market conditions.

Stoploss is handy for situations where the Risk/Reward ratio is bad.
Or when you don't want to risk it, or when you think like I'm going to take a shit.

Even so-called professionals fail in crypto trading. It's not all rosy along the journey can learn to copy trade. People usually do it Forex trading and the same principles should work for you here.

Using stop losses is very important during your trading activity, however, I recommend not to use very tight ones or they will end up being caught just for simple movements of the market and you'll probably lose money.

Stop loss are really very important in trades whether you are in for long term or short term. Stop losses help you from getting completely rekt which is a very common happening in such a volatile market. Try to decide your stop loss according to past volatility trends. If you tackling with a very high volatility coin, go for a loose stop loss else a tight one. This you have to judge according to your investment.

What exactly are you interested in? If you are a day trader, then for you it is more correct to put Stop Loss no more than 0.5% of your deposit (meaning in points).

Stop lose trading is more useful when we use to take profit as well. I can recommend 35%-40% to stop lose and for taking profit, it is 50%-60%. If you are not able to look in your trading screen then only can use this. But I think it is useless when you have time to the look at your trading screen because we can sell our position or active trade at any time before the last time started.

When you do actively trades then setting up stop losses and take profits wont really be needed yet you do able to see out the current situation or price movements but if you are away from your pc then setting out stop losses will be needed. Risk factor of 35-40% of your capital is too big but well setting out will be depending on how much you would willing to risk out and each person do have different risk management or handing with their own capitals.

Trading without a stop loss is like skydiving without a parachute... you should always protect yourself against extreme events. Granted, it doesn't have to be a tight stop loss (in fact, a lot of the successful trades I've had are ones that initially go against me for some time) but it should still be there to avoid total loss.

Imagine if you had a position worth $1,000 and you wake up tomorrow to find it at $24. Where if there had been a stop loss, that loss could have been limited to, say $200.

Where to put stop losses? It's part trial and error, part strategy. Fibonacci levels are good to watch as the market most often obeys them, or at least recognizes them.

I use stop loss on my mid term trading to be safe from big losses. All time I use stop loss with 10%.

You can see that the market is fluctuating continuously and bitcoin prices have been increasing steadily over the past few days, but it can be seen that the market is still bearish and therefore the bitcoin price may decrease at any time. . Therefore, when trading you always have to stoploss in the plan to be able to zone the risk, and limit the damage.

Stoploss in the transaction is indispensable, you can see that the market is fluctuating continuously and very hard to guess, bitcoin prices though are constantly rising but may decrease at any time. And according to my experience, the reduction of bitcoin is very fast, causing us to lose heavily if we do not cut losses.

I never tried it but i think,  it is highly needed to make a limitations and cut the loss whatever happens during with our unguarded moments in trading.  Bitcoin price is unpredictable and it is more safe to put a stop loss.

Trading losses is a normal investment. You just need to persevere and learn a lot about investing, one day you will get back what was lost. Try to persist in learning more about technical analysis.

Yes I agree on that, I believe that trading without lossing is quit impossible due to the amazing price of bitcoin that is really unpredictable. If we are going to trade we need to considered things that can possibly happen on the trading feild. Because. Sometimes in crypto we really have some losses first before we can earn a huge amount of profit.

our loss could be best experience to get better result in future.no one can avoid their losses, even an expert ever felt this.if we can take this lesson and prepare our self with analize skill we wil get succes in our trading.

Many people think that stop loss is cutlose. whereas cutlose is not always good. I prefer to be patient rather than cutlose. I know there are many investors who stop losses by selling at a price of $6900 some time ago for fear of losing too much. but patience can be better

Lossing is a part of the traders life. So then if we didn't wanted to loss maybe wee shoild find another job and stop on crypto. We can normally loss in crypto sometimes due to its unstable market which can lead as all to make some more panic decision. However everything depends on our own decision as well.

You cannot stop your loss on trading but you can still get back the coins you have lost because you can still continue trading in order to multiply your coins.

I think many trader overuse stop loss in trading. When using stop loss that means your trading is invalid. It is not a tool to protect your asset, like many trader mistake. When you cut loss at 10-20%, it is quite fast and early, and the fact that the market has been to stop loss and rebound. With different trading, you have to use different cut loss point.  Based on market volatility, you should set your cut loss point near or far to your buy in price.

I started scalp trading strategy for quite some time now,
and I think setting a 2-3% stop loss is a great idea.

That is not a tough job I would say because you have the resources available to research and explore about the crypto currencies whatever you want to. You have to read research papers coming out of leading universities like MIT and Stanford and have to have the market exposure and the calm mind. Your idea is the important fuel that will drive you forward and the more you spend time in solving the knots in your business, the more wise you gets as a trader.

If you are not doing well in trading then there is no need to continue or there is no restriction on you to continue your trading. You can stop trading for some time to start earning about it first because the loss indicates that your knowledge is limited. The solution for your loss in trading is to learn to get knowledge about it after which you will be able to have a good with it.

Excellent point. Loss aversion is why so many people fail at trading. It basically means a refusal to admit when you are wrong. I've seen myself do this many times. I've taken a trade and then looked back at it later and asked myself "what in the hell was I thinking?"

Part of it comes from being patient as well, on the other side of things. You may have a losing position, but that doesn't necessarily mean that you are losing. Holding onto the position during tough times is also a critical attribute of a trader as there can be a valid reason to keep going. Having conviction at the right times is important.

I think stop loss is a bad choice in trading, with stop loss we will incur losses, I never use stop loss in trading crypto, because if I think loss, I will hodl it until getting profit

With stop-loss, traders can easily cover their loss or profit. Most of traders success with stop-loss, but does it really a helpful tool? I dont think so, check the chart in these recently month and i found that the price always have a long candle with low volumn which enable stop-loss signal. This force traders to sell their coins and have to buy back with higher price.

it is very much important to use stop loss in trading. That is the only aspect of trading that a trader can control.

You really should not trade without a stop loss.

The amount of money at risk is the only thing you can control - as the guy above said - so to place it in control of the market, which is what you do when you trade without a stop, is highly risky, and could end very badly for you.

For investing, having a stop isn't as important, but it is still a good idea to have one placed well below the current price, just in case a sudden crash causes a big decline to take place.

This is another reason why a stop is so important; it forces you to commit to a position.

With no stop, there's nothing to 'stop' (mind the pun) you from holding onto a losing position, even when you know it's probably time to close and move on. I get what you're saying about having conviction though.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


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

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

lossing is really a part of the traders life. If we don't have to loss maybe we need to become more patience. But it is normal to us as humans we really dosent a big patience specially we have daily needs to provide in order for us to survive. So then I believe that trading can make us loss or maybe earn and that was a normal thing on trading.

I know a lot of professional traders who don't use stops at all. If you trade on bitmex with margin thou it's a different story.

right, when the defense in market has been penetrated, market will continue the trend, so we have to put up a stop to reduce the risk of greater losses. and after that we can find a position to enter market again

To cope with the stopping of trade should be dismissed for the transksinya, the higher and many transactions can stop trading market online.

So, whenever you make a trade, you're obviously hoping to make a profit. That's pretty obvious. A 'Take Profit' and a 'Stop Loss' are two little things you can set when you open a new trade, and they're both ways to predetermine conditions for when you want that trade to close. They're both there to protect your wealth basically.

It's a well known skills by those traders whos playing with situations and current events inside the market, placing your target and setting your goals will really protect your capital investment, if you are well trained and ready in any changes that can possibly happen, creating stop and loss is really useful for your trade.

Yes trying to hold assets in this bad period is likely to be relied on to anticipate losses so that the market can again show an increase and with traders' patience the possibility of creating success can be realized later.

Bitmex, known as a manipulative type of exchange

a whooping ups and down and home of annihilating whales

there's a certain point that analysis is right but will negate and go back to its track just to liquidate other high margins

in order to protect your bets, stop loss is your friend

unless you have a low to none leverage then you might not need it

Cryptocurrency, have is a  high volatility. Need a  necessary to work carefully with a stop loss order. Some don't use it , they are being watched on the openly positions all the time.

when you trade, you must dare to make a decision to stop losses.

for example like this:
Your profit is around 10%, then sell immediately, because you don't get too greedy.
Your loss is around 5%, then STOPLOSS immediately because if it falls too deep it hurts very much.

To explain it better remember that the market for cryptomonedas works 24 hours a day and has no holidays, that is; never stops. This means that we can not always be aware of changing markets , in which we miss generating juicy profits or avoiding many losses. To do this, enter Stop Limit.

Losing money is part of trading. For me the most important is to get huge profit , even you got lose money you need to think how you get profit much more than you lose.

I myself tried to keep the assets for a long time because panic will definitely result in a worse situation for the market and automatically many traders will experience difficulties if they want to create profits every time.

If have bad time with your trading then it means that you need to increase or study further about it rather than leaving it is a loss. You should always think constructively and not destructively so that you may be able to do something here in the crypto world. Re enter into trading with better knowledge and some more skills so that you will be able to handle any situations.

I have bad experience when I decide to not use stop loss because I am too confidence the price will going up because the price seem already in the bottomed, but a few hours more the price keep down and I am loss about 50%, and I have to wait 2 month more for the price going up and to recover that loss. So whenever and in which level price we buy the coin, we should be use stop loss to avoid huge loss.

I have the same experience as you.I think setting a stop loss is a must.It is very important in the transaction.I used to stop the loss and caused me to lose a lot of btc.

I am not a professional trader, but I have one of the easiest ways to stop the loss. Whenever the cryptocurrency I hold falls more than 20%, I will not hesitate to sell it. This is my stop loss!

Yes, write in my telegram @olofitia account, I will give you their contacts

I think there are times when traders are experiencing difficulties and losses. When the market changes rapidly and devaluates suddenly, of course the asset evaporates quickly. Besides it is the factor that captures market information and updates information in time.

Losing money is really a part of being trader, some will lose and some will win. It is important to get a profit, a hugw profit but for me its more than that,  gaining experience in different state of the market, losing some in order to learn and most eapecially the skills your are getting after a disasttous moments. Trading is not just simply buying, holding and selling it is a showcase of skill and reflecting yourself in the market.

no one is able to predict the price of bitcoin, so trading is increasingly difficult.
we know that bitcoin affects the price of the altcoin on the market. when bitcoin falls, all altcoins respond quickly. this situation must be addressed calmly, and one of the best ways is stop loss or even cut loss

By use stop loss we can minimize the risk from price crash, there are many trader loss up to 90% because they did not use stop loss. stop loss is very important in trading. Crypto market make fluctuacion everytimes and every minutes the price different so use stop loss is should be and this is one of the risk management. In my trading i always use stop loss 4% and take profit minimum 10%, so if we did it in all trade, and let say in 10 times trade i loss 5 times and make profit 5 times too, so i still make good profit because percentace of stop loss and taking profit is different.

to stop losses in trading, I think you should have a good strategy and learn from your mistakes, analyze the market well and you have to do it at the right time so that you will have the opportunity to be able to make a profit

Stop-loss order is a simple tool, yet so many investors fail to use it. Whether to prevent excessive losses or to lock in profits, nearly all investing styles can benefit from this trade. Think of a stop loss as an insurance policy: you hope you never have to use it, but it's good to know you have the protection should you need it.

All must have a clear plan, especially in investment. For example, you set a profit goal of how many %, and when it drops how many % you will stop loss. Do not be too greedy will make you lose money.

Stop Loss Trading is beneficial if you diversified all the investment capital like for example if you have 500 dollars then divide your asset to at least 5, then every trading pair is 100 dollars each. For a safe level a stop loss of 2 to 3 percent is ideal and look for a winning trading pair of at least 5 % profit thus to minimize risk and increase gain it may not work sometimes as it may vary from your personal preferences and your psychological reaction when bearish market occur.

In my opinion, the stoploss order can bring quite a lot of risks in the transaction process. I do not put confidence in the floor that I choose to make decisions almost immediately in each transaction. Should I choose not to use the stop loss command. That may be my own elation but it will become the strength of every trader. Why? Simply because no one even the trading floor can guess your thoughts and decisions.! That's my choice. Wish you luck in your decisions

If you want to be really successfull in this realm you should always use STOP LOSS. It is simple as that!

Agree with the previous author.  In addition, I would recommend use special trading terminals where you can find Trailing stop. It can earn a lot for you and give you a great opportunity  you feel yourself  a little  more safety.  ;) ;)

i don't and have not seen any reason to use that option in my trading. i either place my order and it get lucky buying and then selling out.
i never make use of the stop loss trading option. it is useful sometimes especially now the market is downtrend. we all don;t want to get burned.

Well it look so simple but it is not that simple we will have to get the point. It can said to be buy at red and never panic or it can be good to hold your emotions and wait until it recover the fallen price. So here is stop losing means don’t panic just buy more and more you will not have to cry at the end. Most of time at lose you only have to hold.

You would need a stop - loss sooner or later. Because there are times when you set trades and gets so busy that you're unable to keep track of it. A sizeable stop loss would help you especially in situations where the market goes against you. Like you, I used to ignore stop loss in my trades until the market went south resulting in massive losses in 2018.

Me and my friends was decide to hold some crypto last year without use any stop loss and now we are loss more than 90%, so if you decide to hold or trade any crypto should be use stop loss. And not all exchange provide that features so make sure use exchange that really have it.

There are times where market conditions are unpredictable and prices may fall continuously. and it will require you
to take action quickly like cutlose so that the loss is not too big that you get, loss is a natural thing in the trade after all

That was big, don't worry you are not alone.

Holding makes you loss if you will sell, if you will continue to hold, you'll not.
Don't allow yourselves to panic as it will only lead you to sell. Be smart all the time.  :)

holding in bearish condition make our emotion and psychology really underpressure.if we dont strong face this condition we could be stress and panic.in my opinion just to do the thing that in our mind.

of course that is because with this error there must be a good way for us to make a profit, so don't ever stop learning from this error because it's our chance to stop losses when trading

Stoploss is the mandatory. The market is highly volatile and when the market moves against(price direction) your analysis it is the stoploss that saves you from getting liquidated.

Where are Three types of Stop loss:
1. Stop Loss Limit — this is to prevent you from completely losing all your capital from a sudden drop (for longs) or sudden spike (for shorts) in price action. Once a stop loss trigger has been reached your trade initiates your stop loss limit price. Once this limit price has been reached, you’re exited out of the trade. This will ensure that your loss is minimised.

2. Stop Loss Market — the same as stop loss limit, however your trade will be “immediately exited” at the market price. I highly recommend using this over the stop limit when you’re not close to your computer (or on any occasion for that matter).

When price drops, it drops fast. There’s a good chance that your stop limit price will not activate and you’ll be left holding the bags (debt). Using the stop loss market, ensures you that during a strong dip, you keep your losses to a minimum. You’re guaranteed an exit out of the trade, which again, is not always likely with stop loss limits.

3. Trailing Stop — think of this as a “moving stop loss” that follows the current price by a set value.

Example: $1000 at BTC entry price of $6500 with a trailing stop loss of $250 would mean that if the price action decreases to $6250, you would be stopped out (exit the trade).

However, if your price increases to $7000 and then drops $250, it would be stopped out at $6750. This is a great feature to use when you’re trade is already in profit.Trailing stops will ensure that you take advantage of quick spikes in price if you’re not by your computer.

Depending on the market volatility your market reading skills you can use the stop loss

Even I learnt this from some article out there. Read as much as you can and also use stop loss.

Experienced trader often use stop loss to ensure they would not lossing huge amount of their investment but for newbie cutloss is not that so advisable in my own opinion as you may be fomo when market sligjtly recover. You need to now basic charting and trading signals so you may know when to cutloss and not being FOMO..

Only a few people that could survive in the bearish market and the rest of them will not be strong enough to stay calm. I think the bearish market will clear the people who don't really focus on their goals in the long-term and they join in the cryptocurrency because they shock to see the price can jump too high. The bearish market will end soon after the market reaches the bottom and I think we already reach the bottom in December ago.