Stop Loss Trading

[thichtieuthuong]

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.

[Yatsan]

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.

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.

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.

[asyakashi]

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.

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

[karungbitcoin]

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.

[MRY]

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

[Fury Road]

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.

[chibimanau]

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.

[yugyug]

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.

[harleymasters]

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

[Resident Evil]

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

[Soyen]

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.  

[BayAngelo]

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.

[syamster]

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

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.

[nelson4lov]

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.

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.

[wayancrypto]

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.

[iMark]

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.

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

[Viscore]

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%................

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.  

[NewRanger]

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%................

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.

[RokokGudangGaram]

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

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

[kkgfhj123]

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

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.