Stop Loss Trading

[ruslan4040]

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

[Mateo123]

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.

[denisaardelean]

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 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.

[atetess]

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

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.

[korong ajem]

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.

[jambul_kribo]

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

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.

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.

[Sadlife]

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.

[sgenuine]

You must use Stop loss for each trade.

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 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

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.

[ervinmadureri]

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 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.

[Fredomago]

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 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.

[Camorra Dev]

 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.

[Telybin]

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.

[weeks65]

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 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.

[megacrypto]

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.

[Lagrood]

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.

[fight-T]

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.

[Main ML]

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.

[developer101dev]

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 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.

[lushlifing]

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

[EXtremeAEX]

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.