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1  Other / Meta / 60+ post deleted one day why? Someone report my profile or something else? on: April 22, 2020, 07:01:31 AM
Hello moderator I want to know why my post is being deleted The post was deleted at around 60 yesterday Is it only for me or for everyone else. Not only that the post is being deleted in the serial Is this what someone is reporting.
2  Economy / Trading Discussion / How to Apply Technical Analysis to Cryptocurrencies on: July 21, 2019, 02:59:12 AM
There are two primary methods used to make investment decisions:

Fundamental analysis involves analyzing a company’s financial statements to determine the fair value of the business
Technical analysis attempts to understand the market sentiment behind price trends by looking for patterns and trends to determine future price movements.
The price of an asset reflects the sum total knowledge of all market participants; their analysis, views and actions.


What is Technical Analysis?

Technical analysis is the study of statistical trends, collected from historical price and volume data, to identify opportunities for trade. Technical analysts observe patterns of price movements, trading signal and other analytical tools to evaluate the strength and weakness of an asset.  

Technical Analysis can be applied to any security with historical trading data such as cryptocurrencies, forex, commodities and stocks.


Why does Technical Analysis work?

A chart of prices and volume represents all the past decisions taken by market participants (buying and selling). This information will, in turn, affect future participant decisions in two ways:

Psychological: What you did in the past affects how you approach future situations. For example, many traders tend to focus on the price at which they bought an asset, and if it declines, they want to sell when it reaches break-even again.

Reflexive: Some traders identify trends and chart patterns which are common, and act accordingly (buying or selling). If a sufficient number of participants follow the same strategy, it is expected that these chart patterns will follow the expected outcome and that the trend will likely to be sustained by more and more participants joining the trend.

What are trends?

There are three possible trends:



1.Uptrend: In an uptrend, the asset is going up making, higher highs and higher lows.
2.Downtrend: In a downtrend, the asset is going down making, lower highs and lower lows.
3.Sideways trend: In a sideways trend the asset trades in a horizontal channel

Sometimes traders also use the terms “Bearish” and “Bullish” to refer to a trend. Bullish comes from the bull, who strikes upwards with its horns, thus pushing prices higher and bearish comes from the bear, who strikes downward with its paws, thus driving prices down.

What are resistance & support?

Movements are not linear, the price will face resistance as it goes up or support as it goes down.

‍Resistance: A level where an uptrend can be expected to pause or rebound that indicates a concentration of sellers.‍

Support: A level where a downtrend can be expected to pause or rebound due to a concentration of buyers.




When the resistance level is broken it usually becomes a support level and vice versa.
In technical analysis, support is often used as an entry point and resistance as an exit point. In the case of strong trends, the price can go through support/resistance without stopping.


Advanced Technical AnalysisTools

If you’d like to go one step further in your analysis, here’s what analysts often look at:

OHLC Charts (Open-High-Low-Close):

These charts display bars that are known as ‘candlesticks’. A candlestick's shape varies based on the relationship between the day's high, low, opening and closing prices.

Bullish candle (can be green or white): The close is above the opening‍‍
Bearish candle (can be red or black): The close is below the opening   

 

Candlestick charting is based on a technique developed in Japan in the 1700s for tracking the price of rice but a suitable technique for trading any liquid financial asset. Candlestick can be studied individually (simple patterns) but more often used in groups (Complex patterns). The purpose of Candlestick charting is to determine the market trend.

Simple moving average
An average of the closing price of the stock over a specified number of period.

Bollinger Bands
Bollinger Bands display a graphical band (the envelope) with a simple moving average in the middle. The width of the envelope expresses the volatility.

Volatility refers to the rate at which the price of an asset can increase or decrease. A higher volatility means that the asset can potentially fluctuate rapidly within a larger range of value.

When the price moves away from the average, it is likely to have a mean reversion. Just like a spring that tends to return to its position of equilibrium, the more it is stretched, the greater the force.

Moving Average Convergence Divergence (MACD)

Moving Average Convergence Divergence (or MACD) is a trend following indicator that looks at the combination of two moving averages:

-A short-term moving average
-A long-term moving average
These two moving averages are combined to identify what is the current trend and if there is a change in the momentum.

The MACD lines displayed below can be interpreted as follows:

-If the blue line (MACD line) is above the orange line (Signal line), the momentum is bullish.
-On the contrary, if the blue line is below the orange line, the momentum is bearish.
-When the lines diverge, it denotes a strengthening of the current trend while a convergence shows a trend reversal.
-When the lines cross, it is likely that the change in momentum is confirmed.


How news can affect asset prices?

One of the most effective means of influencing the public is media. Breaking news and headlines may instill panic and fear in a mass manner, as well as euphoria. The impact of news on the cryptocurrency market is perfectly illustrated by the high-profile events in the world. In September 2017, the Chinese authorities have banned  ICO which led to the collapse of the bitcoin price — from $ 5000 to $ 3000. However, there is always another side of the coin, Bitcoin spiked when eBay and Dell said they considered accepting Bitcoin.


Article Source: https://www.swissborg.com/blog/how-to-apply-technical-analysis-to-cryptocurrencies
3  Economy / Trading Discussion / 6 Ways to Use the RSI (Relative Strength Index) 📈 on: July 15, 2019, 03:26:34 AM
6 Ways to Use the RSI (Relative Strength Index) 📈
https://www.youtube.com/watch?v=wbz5dvY64MQ

Relative Strength Index

The relative strength index is a very popular indicator, invented by Wilder about three decades ago (1978 to be exact). The RSI indicator serves to warn when a market has been overbought (i.e. risen too much) or is oversold and the technique is valid for any market including stocks, forex pairs and commodities. The ‘relative’ in the name is referring to the stock or security being reviewed, not as more usually in trading circles, to similar stocks or an index in the same sector. That is, the RSI compares the stock’s performance to itself.



But what is the RSI? In essence it consists of simple support and resistance lines. The Relative Strength Index tells you when a market instrument has been overbought or oversold and in this respect the indicator tries to identify when the trend is likely to turn around and change direction.

The formula actually compares the stock’s performance over the past number of days (typically 14 periods), and looks at the average up days and down days closing prices. It gives you a measure of the momentum of the market in either direction. By using averages Wilder’s formula smooths out the possible variations that you can get when you compare only individual days, such as with some oscillators described earlier. The value is also normalized to a range from 0 to 100, and the standard boundary lines are drawn at 30% and 70%.

The example above is based on 14 days, which is one of the standard periods used. If you use a lower number, the indicator becomes more sensitive and swings more widely. You can use a greater number of days for more smoothing and a less dramatic profile. The 30% and 70% boundary lines are usually considered about right when you use 14 days. When the RSI drops to 30 or below the market is said to be oversold, while at value of 70 or higher, the market is said to be overbought.

So how can you utilise the RSI? One way is to look for signals when the RSI moves out of oversold or overbought territory. In the case of the former scenario, when the RSI indicator crosses above 30 a buy (or cover) signal is generated. In case of the latter, a sell (or short) signal is triggered when the RSI crosses below 70


However, Wilder pointed out that you cannot assume that you should trade when the indicator exceeds the 70% line or goes below the 30% line. In fact, quite often you will see the RSI go to the extreme while the trend is still strong, and it would be mistake to exit a long position or enter a short position thinking that an uptrend was about to change on the basis of an overbought indication. You can see a couple of examples of this in an uptrend in September/October in the chart above, and on the right of the chart there is prolonged activity below 30% before the downtrend reverses.

Divergences between the Relative Strength Index and the price can also provide warning of a future price reversal. Similar to price action, the Relative Strength Index is constantly moving up and down in a zigzag pattern which makes identifying divergences relatively straightforward. When the price make a series of lower lows it might be the case that the RSI would be doing the exact opposite (making higher lows – sometimes referred to as bullish divergence). This divergence is an indication that the price momentum is changing and spread traders would do well to be looking for a change in trend. The reverse is of course also true in an uptrend (bearish divergence); the Relative Strength Index here starts making lower highs as the price keep making higher highs, implying the rally may be losing momentum. There could also be a case of positive divergence if the RSI makes a lower low while the price marks a higher low as it is comes out of a downtrend which is a bullish signal. Lastly, a negative divergence can materialize if the Relative Strength Index makes a higher high while the price hits a lower low in an uptrend which is essentially a bearish signal.

Sometimes these reactions have what Wilder used to call failure swings and this highlights another use of the RSI. Failure swings are independent of price action and happen at the crossover oversold (30) and overbought (70) zones. A failure swing occurs when a peak above 70% fails to exceed a previous peak in the uptrend, but then breaks downwards below the level of the trough between. Looking in October on the chart, there are a couple of incursions above the 70% line, then one that is not as high as them around the middle of the month. This is a ‘top failure swing’, and when the indicator comes down below the trough in-between the peaks, this is a signal that the trend is reversing. Again, from the chart, it is only at this point that the price actually peaks and starts falling.

‘Adding an Relative Strength Index indicator will allow you to range trade between the overbought and oversold levels in a technique that is very similar to looking for areas of support or resistance.’

Just to make that clearer, here’s an enlargement of that part of the chart.

You can see the first peak, which is on a high volume, but it should not be considered enough to enter a trade. The RSI swings down to form the trough, but then comes back up to top failure swing at a lower level than the first peak.

Having failed to exceed the previous peak, the pattern is completed when the RSI drops below the trough level, as noted, which is when you would consider the trade. I’ve drawn a red line up to the price chart, which confirms that there was a fake move previously, but this would have been a good time to initiate a short position.

In a bullish failure swing the Relative Strength Index crosses over 30, but then pulls back to just above 30, finally moving higher – pushing past the last peak high of the RSI in a breakout.

This emphasizes the point that when using an indicator, you should always keep an eye on the trend. If the indicator is moving in the opposite direction to the trend, as it did when it formed the trough, this is a ‘watch out’ moment which tells you that something may happen shortly.

Constance Brown made a modification to the Relative Strength Index in 1999; instead of using the usual values of 30/70 to indicate oversold and overbought levels she looked at 40/90 as reversal thresholds for a bullish market and 10/60 in a bearish market.

Like most momentum oscillators, the RSI indicator works best when prices are sideways moving inside a range. Sideways markets can be identified when looking at short-term moving averages, like 5 or 10-day simple moving averages – should these flatline or return numerous crossovers in a short timespan. In situations when trending methods don’t work, momentum indicators tend to perform well.

Is an RSI of over 70 a good enough reason to sell? No. If RSI is very high it could be that the market is very strong, and will continue higher. RSI has little predictive value at all. If your market is trapped in a trading range a high RSI reading would be something to pay attention to, but you could just as easily sell at the top of the trading range. The key question to ask is always “are we trending or in a range?” And if you can’t tell you are probably in a range. In a range traded environment try and sell near the top of the range (a quick scalp), and in a trending environment, try and hold for as much of the move as you can get, trailing a stop.


Video Source : https://www.youtube.com/watch?v=wbz5dvY64MQ
Articale Source: http://www.financial-spread-betting.com/course/relative-strength-index.html
4  Bitcoin / Electrum / Download electrum first time how to sure real or fake it. on: July 12, 2019, 04:35:29 AM
First-time download electrum at this Website https://electrum.org/#download how to verified get real or fake?
what is the current version? current Download version Electrum 3.3.8
5  Economy / Trading Discussion / 10 Cryptocurrency Trading Common Mistakes and How To Avoid Them on: July 09, 2019, 01:11:11 AM
To say that cryptocurrency markets are volatile would be an understatement.

To say that cryptocurrency markets are volatile would be an understatement.

Compared to the stock and forex markets, the cryptocurrency market appears to be moving in fast forward. It often experiences significant variance throughout the course of a day.

Being so volatile, it is quite possible to make extraordinary gains over short time frames. However, it is similarly possible to everything in just days.

You have probably heard the phrase: ’90 percent of traders lose money, only 10 percent win.’ Well, in fact, it is estimated that 96 percent of traders lose money and end up quitting. So if 96 percent of traders lose money, what do the 4 percent of profitable traders do differently?

As with all endeavors, mistakes are almost inevitable — particularly in the crypto environment which is both much more volatile and unpredictable than traditional markers.

Today, we will be looking at the cryptocurrency trading mistakes that the four percent of successful traders tend to avoid, helping you avoid the newbie mistakes that might otherwise leave you holding the bag


Indicator Overload

Learning how to use a variety of market indicators is typically one of the first points on any novice trader’s to-do list. However, it’s easy to get lost between the plethora of available indicators. You have the RSI, MACD, SMAs, EMAs, and dozens of others to choose from. It is a common mistake to think that you must fully understand all of these before you can be profitable with trading.

The truth is, some of the most effective traders out there use very little technical analysis, typically relying on just the volume and price candles to make their trades.

The most important indicator is simply the price action. Spend a few hours watching the price, get comfortable with it, and then start applying indicators. (But always bear in mind that no indicator can reliably predict the future, so use them sparingly.)

You might be thinking, “surely there’s never too many indicators?” In actuality, too many indicators can hurt your opportunities — particularly when different indicators paint opposing pictures — hence causing you to skip what could otherwise be a profitable trade.

Besides this, many indicators overlap. For example, divergences and trendlines can be derived from a single indicator — the RSI.


Trading Too Often

Particularly in the early days of trading, you might be eager to try to complete as many trades as you can. After all, more trades equals more money, right?

Wrong.

To be a profitable day-trader, you don’t have to trade as often as you might think — with typically only a few trades per week being needed to generate a healthy return.

By avoiding over-trading, you can often avoid significant losing streaks that might otherwise severely damage your portfolio. After all, when the market is down, almost all coins tend to go down with it. Never set yourself a goal for a fixed number of trades per day, as this can lead to making less-than-optimal decisions and force you to take unnecessary risks.

Instead, we recommend using a carefully selected set of rules upon which you base the majority of your trades. If you find yourself significantly deviating from these rules too frequently, it may be wise to re-evaluate your trading strategy.


Trading Against the Trend

Although more advanced traders can frequently profit while not following the general trend of an asset, beginners will often have a tough time doing the same. When almost the entire market is in a downtrend, this tends to make profitable trading opportunities fleeting.

For example, Bitcoin (BTC) has been on a downward trend for close to a year, having begun its descent towards the beginning of 2018. As you can see by the graph below, Bitcoin has consistently failed to break the lower highs indicated by the horizontal blue lines, with each peak being lower than the one preceding it.

As you can see, buying Bitcoin at any point in 2018 so far would have more likely than not lead to a net loss, because the overall trend was bearish. In cases like this, it is a safer bet to short rather than going long, as you will tend to come out on top more frequently.

Until you get the hang of it and can recognize opportunities between peaks, it is best to err on the side of caution.

Using Stop Losses That Are Too Tight

The stop loss feature offered by most cryptocurrency exchanges is one of the most valuable tools a trader can use and can protect you against a heavy loss in the right conditions. However, many new traders make the mistake of placing their stop-loss too close to the initial buying price.

As we previously mentioned, Bitcoin and cryptocurrencies, in general, are highly volatile, which can lead to a close stop loss being triggered before the price has had a chance to climb — potentially losing out on an opportunity that had a small dip before a big climb.

It is extremely important to acknowledge support/resistance lines when setting your stop losses, even if it means you could lose more money. These support lines represent points that are difficult to break under normal conditions — typically where a strong buy wall lies.



Using the above graph as an example, if you had purchased Bitcoin at $5,926, you might be tempted to set your stop loss somewhere around $5,900. However, the best stop loss below this entry point is the $5,758 support line. If you had set your stop loss at $5,900, it would have been triggered shortly after entering, preventing you from benefiting from the rally back to $6,200 just moments later.

We recommend using a stop loss for practically every significant trade. It might just save you from an unexpected flash crash. If you do however get hit with a bad beat and end up losing a significant amount of money, we encourage you to avoid making rash decisions in an attempt at a quick recovery.


Avoid Pump and Dump Groups

Shortly after making your first moves in crypto trading, it is likely that you will hear about pump (and dump) groups. These are groups that claim to act in coordination to manipulate the price of a digital asset by massively increasing the buying volume before dumping the coin on unsuspecting traders and bots looking to get in on the action.

However, the reality is not as rosy as it seems. The truth is, pump groups are almost impossible to profit from. Usually, the admins behind the group will buy up large amounts of the asset prior to announcing it to the group. They will then set their sell orders at a price somewhere significantly higher than their entry point, but low enough that it gets caught in the initial buy wave from the pump group members, making a huge profit.

Whilst you may be tempted by the success stories and reviews these groups typically post as evidence of their success, you can just assume these are either outright fabrications or paid shills. While there is technically a tiny chance of making a profit from some of these groups, the odds are overwhelmingly against you.

Test Your Strategy First

As a trader, your strategy is everything. While it’s typically much easier to profit in a bull market, profiting in a bear one is much more challenging and requires a stringent set of rules. One of the biggest mistakes you can make is blindly following a strategy without understanding how it works or how to apply it.

Recently, there has been a proliferation of online trading platforms that allow you to test strategies without actually risking any money, known as ‘paper trading.’

Rigorously test your strategy before applying it with real money. Doing so will see you better prepared for many market events and will likely lead to a better return on your investment over time.

Follow The News and Check Your Confidence

Confidence is important in trading. Overconfidence is not.

While it is important to be confident about any moves you make, being overconfident can put you in a tough spot when things don’t go as planned. With all trades, we recommend only acting if you have a reasonable degree of certainty. Avoid 50/50 bets, as these will achieve little in the long run.

One of the best ways to make confident trades is by doing your homework regularly. The markets can change at the flip of a coin and so to must the strategies you use to trade with. What works in a bull market might not necessarily work in a bear one, so be prepared to toss your strategies to the curb if your results are less than desirable.

The general market sentiment matters more than your own. If the sentiment looks bearish, be vigilant and only trade when you are highly confident. If the market looks bullish, then you likely have more freedom in your trades, as making a losing trade becomes more difficult.

Due to its relatively small size, the cryptocurrency market can be heavily influenced by the news — whether this is cold hard facts or just rumors. Sentiment analysis is just as important as technical analysis, and the best way to get a grasp of this is by keeping on top of the news.

Using Terrible Risk-to-Reward Ratios

A proper risk-to-reward ratio is one of the most important aspects of trading.

Beginners tend to think that the only way to profit in trading is by having more winning trades than losing ones. However, it is quite possible to lose more often than you win and still come out with a profit.

For example, having a 90 percent winning strategy with a poor risk-reward ratio can actually see you lose money overall, while a 40 percent winning strategy with a 3:1 risk-reward ratio can generate a healthy profit. In the previous example, in 4 out of 10 trades you’ll win 3x your investment. If each trade is $10, then you’ll have earned $120 after risking $100 in 10 trades.

Compare this to a 90 percent winning strategy with a 1:1 risk reward ratio. With this strategy, although you win more often, you will still be down an average of $10 after 10 bets. Because of this, it is important to focus on achieving good risk-to-reward ratios, rather than winning every single trade.

Trying to Make Absurd Amounts Of Profit

By nature, humans are designed to be greedy. However, being greedy in trading can have disastrous consequences and seriously hurt your ability to profit long term.

How many times have you entered a position, gained a significant profit, and then thrown it all away because you held too long? Sometimes, it is a wise move to take profits even when a position is still growing in value, simply because a downtrend is almost inevitable.

The truth is, achieving the huge portfolio growth seen in previous years is nearly impossible in 2018. The market simply isn’t as profitable right now. However, there are still plenty of opportunities to take advantage of — you just have to be realistic with your goals.

Expecting to double your portfolio within a month is unrealistic. Although theoretically possible, to achieve it consistently would require extraordinary dedication and more than a little luck. As such, try to set realistic benchmarks that are relative to the amount of money you invest. Think in terms of percentage improvement, rather than absolute gains.

Adding to Losing Positions

Perhaps one of the most difficult cycles to break, adding to losing positions can also be one of the most devastating mistakes a trader can make. While it is good to be confident in your choices, adding additional value to losing positions is not a tactic we recommend — particularly when the evidence is against you.

We all have cryptocurrencies or digital assets that we believe in, regardless of how they have suffered in the 2018 bear market. However, belief should always be based on the evidence, rather than intuition. Don’t let your personal biases cloud your judgment, particularly when the stakes are high.

One of the more common pieces of advice beginners often hear is “buy the dip.” However, if you had bought Bitcoin’s dips through its crash from $20,000 to its low of $5,800, you would have found yourself in a serious hole.

The truth is, if a digital asset is in a general uptrend, the buying the dip might just work. Otherwise, it is best to only buy into positions of strength.

Did we miss any big ones from the list? What was the single biggest mistake you made whilst trading cryptocurrencies? Let us know in the comments below!


Main article Source: https://beincrypto.com/cryptocurrency-trading-mistakes-and-how-to-avoid-them/
6  Economy / Trading Discussion / 5 Stop Loss Mistakes To Avoid on: July 07, 2019, 02:23:07 AM
This is not financial advice and I am not a financial advisor. I’m sure there’re plenty of licenced professionals in your jurisdiction. Speak to them, not strangers on the internet with Hyman Minsky avatars.

A stop loss order is an order to close a position at a certain price point/percentage in order to limit one’s losses.
As the name suggests, one uses a stop in order to limit one’s losses where a trade idea is unsuccessful.
Using a stop loss is an important pillar of risk management. This is why any (sensible) book, webinar, mentorship, guru, and so on will emphasise the importance of using a stop when trading.
Somewhat paradoxically, poor stop placement and management can cost you a lot of money.
We’ve all been there: a candle wick triggers your stop, knocks you out of a trade, and price proceeds to hit your exact target but without you on board.
In this article, I’ll cover five common errors pertaining to stop placement and management to avoid (in no particular order).


1. Not Determining your Stop Placement in Advance

You should know where your stop is going to be before you open a trade.
The same goes for your entry and target(s).
As soon as the trade is live and you’re seeing your p&l fluctuate, you’ll find every single reason in existence to stay in the market.
The benefit of ascertaining your stop before you open a trade is that it removes any emotions from the decision, because you haven’t yet risked any of your capital. You’re simply looking at a chart.
Additionally, if you don’t have a predetermined stop and the market starts moving against you with the full threatening force of big, scary Japanese candlesticks, there’s a much higher likelihood that you market puke the position without considering whether your trade idea has actually been invalidated.
There’s no point ‘winging’ your stop — decide where you’re wrong before you open a position.



2. Placing your Stop Based on Arbitrary Numbers

The market doesn’t care about your R:R, some magic number 2% away from your entry, or some other bullshit figure.
One of the gravest errors you can commit is to try to make the market fit your framework as opposed to fit your framework to the market.
While it’d be very convenient if there were some magic number or equation one could apply to get pristine stop placement, no such thing exists (to my knowledge).
Therefore, when it comes to deciding where to place your stop loss, that decision should be predicated on technical analysis.
Stop placement should not be predicated on some magic price level which meets a certain percentage or gives you your desired R:R. The market doesn’t care for that.


3. Moving your Stop to Break Even/Marginal Profit ASAP

The purpose of a stop is to protect you if your trade idea doesn’t work out. The purpose of a stop is not, I submit, to render a trade “risk-free” the moment it moves in your favour.
This is a logical corollary to the argument that your stop ought to be based on technical analysis.
Most people would agree that one’s stop should be based on technicals, yet happily move their stop to break even/marginal profit if it moves in their favour.

This is contradictory.

Moving your stop to break even/marginal profit is similar to calculating your stop placement based on arbitrary numbers (the argument preceding this one).
The market doesn’t care where you entered and where you’re break even. The moment you arbitrarily move your stop to be “safe” you also abandon a technical-based approach to the position (unless, of course, your break even happens to coincide with a technically significant level).
Why would you abandon or alter your trade idea simply because it locks in a break even/slight profit?
The question to ask yourself is this: if I didn’t have a position, and price moved to my break even/marginal profit stop, would I consider that to be a key area/invalidation level?
If the answer is a resounding no (as it often is) then you have just demonstrated that getting out of the trade at that point is an arbitrary decision.

Instead, your stop loss should go where you’re decisively wrong on your trade idea. If you’re making an entry, you should be able to point and tell me “if price goes above/below X, then my reasons for entering the trade will have been disproved by the market and then I am almost certainly wrong on my idea”.

If you can’t do that, you probably shouldn’t be taking an entry.



Stick to your guns, believe in your original trading plan, and let the market prove to you that you’re wrong by hitting your original stop loss if it moves against you.
Unthinkingly moving to break even all the time is lazy trading and effectively abandoning your own technical analysis.


4. Setting your Stop at Pockets of Liquidity
There are certain price structures that are regularly raided for liquidity before the market reverses.
In order to gain an understanding of how order flow, liquidity, and all that fun stuff operates in markets, I humbly suggest watching my video on order flow.
The summary is this: avoid placing your stop loss directly above/below: key swing highs/lows and clean equal highs/lows, because there is a good chance the market will trade through them before reversing.
You can do this exercise yourself: open a price chart of the market(s) you trade and mark out the key swing points, range high/lows, and clean equal highs/lows.
In most cases you’ll see that price has a tendency to trade through those structures before moving in the opposite direction. Traders with stops above/below such structures get knocked out of their positions before the market continues in their expected direction without them.

How do you protect yourself from being hunted?

There’s no easy way to do it, which is part of the reason it’s so effective in every market.
This is especially true if you mostly use self-executing orders and you’re not at your screen watching price as it comes into those key areas.

The tip can be summarised thus: don’t place your stop in really obvious places.

Deep and obvious swing points, range boundaries, and equal wicks stand out like a sore thumb, and that is why they’re often targeted during runs on liquidity — because it is tempting to use them as a reference point when leaving orders in the market.
So, the least you can do for yourself is to leave some space between your stop and one of the aforementioned structures, to allow price to wick through the high/low without knocking you out alongside it.
Give it some breathing room (especially if your market spikes often) and certainly avoid, where possible, leaving your stop right on top/under an alluring wick.



5. Never Moving your Stop


As mentioned, the purpose of a stop is to protect your account if your trade idea is incorrect. However, once the market proves to you that your trade idea may be accurate as it moves in the expected direction, your stop can be used protectively to maintain a good R:R as price heads towards target.
Wait, Cred. Isn’t that a contradiction? You’ve just told me to trust my stop and that I’m an asshole if I move it, and now you’re telling me to move it?
Yes I am, and there’s no contradiction.
If you blindly move your stop to break even/marginal profit as soon as you can, that’s an arbitrary decision which isn’t based on technicals or the market proving anything to you.
If you move your stop as the market proves that it’s moving in the expected direction e.g. as it starts to break down, that’s a decision based on technicals and a way to maintain a good R:R as price heads towards your target.
The difference should be clear. The former is an emotional decision to feel “safe”. The latter is taking active measures based on technicals to maintain a good R:R as price moves towards target.
For example: it is common to start moving one’s stop after a thrust move/momentum candle in the expected direction in acknowledgement that buyers/sellers have stepped in at that area, and that price has no real reason to go back below/above it. This is quite different from moving to a break even/marginal profit stop as soon as price moves away from entry.

So let’s get to the substance.

By moving your stop I mean moving it stop up (if you’re long)/down (if you’re short) as price makes its way to your target.
The reason for doing so is relatively simple: the market has no obligation to hit your exact target for the trade, and by moving your stop you preclude a winning trade from turning into a break even or losing one.

Take the example above.

When entering the outlined trade, you have an R:R of 2:1 (or 2R). As price starts to break down, let’s assume you move your stop to break even/marginal profit to be “safe”. Price comes close to your target , but you don’t get filled and it starts reversing (blue circle). At that point (blue circle area), you can recalculate your R:R to see if it is at least reasonable.
As you can see in the example, if you do not move your stop at all, you risk giving back ~1.8R to the market for a reward of just 0.2R. In other words, if you do not move your stop at all, your R:R becomes disproportionately poor if price fails to reach target and comes back to take out your break even stop.
There is no such thing as a free trade — that’s simply money you’re giving back to the market.
Just like before, the market has no obligation to hit your target. Moving your stop is how you still make money even if your target selection is imperfect, as will often be the case.
Don’t be arrogant — it’s foolish to let a good trade turn into a break even just because you were waiting for your exact target. The market owes you nothing, and it doesn’t care where your exact target is.
Be dynamic with your stops as the trade progresses, maintain a reasonable R:R throughout the trade, and you can still make money without timing the exact point where the market turns.


I'm not the author of this article I confused some trend (use stop-loss)first you decided How much percent you profit and lose to make.
If you have a Better idea about uses stop-loss, then you can share.

Main article Source:  https://medium.com/@cryptocreddy/5-stop-loss-mistakes-to-avoid-bea274857371
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