sedahan13
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Activity: 462
Merit: 10
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June 28, 2018, 02:06:33 AM |
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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.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Google+
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June 28, 2018, 05:45:41 AM |
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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.
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cydrix
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June 28, 2018, 05:57:12 AM |
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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
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.
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dungthuy
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Activity: 224
Merit: 0
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June 28, 2018, 06:47:37 AM |
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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
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Soranith
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June 28, 2018, 06:58:46 AM |
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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
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.
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rickadone
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Activity: 1176
Merit: 1024
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June 28, 2018, 03:17:35 PM |
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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
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. 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.
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Adrin
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Activity: 294
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June 29, 2018, 03:41:55 PM |
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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.
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SexForCryptos
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June 29, 2018, 10:41:34 PM |
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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.
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zelda131292
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June 29, 2018, 10:55:21 PM |
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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
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In bitcoin we trust!
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denisaardelean
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June 29, 2018, 11:00:40 PM |
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Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.
ricseb
I believe that with a market that is in a bear market in the long run, it is very important for you to place a stoploss in every trading plan. You can see that bitcoin prices are dropping sharply over the last few days and the recovery is weak, currently correcting at $ 6200. I think that at this time, when the market is gradually falling into crisis, you should only short-term trading and always have stoploss to be able to zone the damage.
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Maximo1
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June 30, 2018, 12:16:58 AM |
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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
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.
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Bearks71
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June 30, 2018, 12:23:52 AM |
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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%.
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btcmmo9314
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June 30, 2018, 12:46:44 AM |
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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
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%
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laravuemaster
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Activity: 378
Merit: 100
When Football meets Crypto
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June 30, 2018, 04:23:27 AM |
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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
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.
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Catwoman13
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June 30, 2018, 04:35:35 AM |
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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
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Putunembah
Jr. Member
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June 30, 2018, 04:58:19 AM |
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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
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. 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.
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naidray
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June 30, 2018, 07:13:29 AM |
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If you dont want to loose to much is better to use such features cryto-trading is half way risky so you can just bee gaining one minute and the next you loose everything
That is usually the idea of not losing too much but this is not just about losing too much, as you need to know exactly where the possibility of a further downtrend could come into play and like some have said, you will need to identify the break of support and most especially with volume so it would not end up being a fake breakout. In that case, it is always necessary to always plot out the profit to loss ratio before even entering any trade and for that, you must make sure at least the risk ratio tends towards the profit side than the loss side.
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legenduim
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June 30, 2018, 06:03:13 PM |
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stop loss trading you can just by holding the assets you have and do not be easily affected by the existing situation because if you can not control your patience you will be difficult to get a profit.
Yes, it is the easiest variant but it works. I know that most of the traders that have chosen to hold their cryptocurrencies did not lose much even during the bloodbath period. Also, try to choose top-20 alts.
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speedy1987
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June 30, 2018, 06:44:51 PM |
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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
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.
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apityeh71
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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July 01, 2018, 09:31:39 AM |
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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 .
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