stop loss and take profit

[Jawhead999]

I am confused whether are you shilling bitget exchange or want to learn about stop loss.

Your skepticism aren't wrong because I've read multiples of his posts only talk about bitget, though there's a thread he asked about which exchange is good, no one recommend bitget, but now in this thread he's still talking about bitget and didn't care anything with anyone suggestions.

I think sooner or later, we will see another thread in this section that mention bitget again

Hello I have about 4 dollars in litecoin in bitget

Hi, I would like to start copytrading with Bitget and I have a couple of questions.

So the alternative I was thinking about was to make the transfer to another exchange and then transfer the balance from that exchange to bitget.

Lately I have been using bitget futures, and I was using take profit and stop loss orders.

[Zilon]

And is it possible with the sell limit orders in bitget to open a trade that is like a bybit stop loss?

also last question it seems that is not possible to do trailing stop loss in bitget spot, right?

Sell limit doesn't mean stop loss it simply means If the price gets to that limit it should open a sell trade for your account. It is used basically when you miss out of a new trend and you still believe there will always be a retracement and so you place a sell limit so that once the retracement occurs you simply join the sell from there.

I haven't used bitget platform for trading before so i don't know if trailing stop is available on their spot trading option

[el kaka22]

If you are a newbie and asking these questions I would highly suggest going to Binance, they have a much easier setup that you can use plus they are the most used one and that is why they are considered the best. I know that bitget could offer something to you to attract customers but the reality is that we are in a world where crypto is a risky thing and it will be quite tough to keep it going like that for a long time.

Just erase the fact that marketing looked great on bitget, and go to Binance and see how much easier it is and know that it is much safer there at the same time as well, there is a reason why they are number one and others are not.

[Peanutswar]

Better to make an execution with the stop loss and take profit with the futures trading because in spot trading you only make a simple trade of limiting the orders where you will make a buy or sell with your assets. Also if you want to learn more in crypto one of the most underrated to use platforms is with the use of the binance academy. and if you want to make an execute a trade why not use first with the paper trade of the trading view. The OP-given platform is not known to me and Binance is the most recommended I guess.

[lixer]

Dear in future trades stop loss and book profit works very well you should always go with them to avoid high volatile market run as to avoid losses, i would like to say in Binance and other pro trading apps you can make Take profit to be split on different price tags and same thing you can do with the Stop loss, it will highly increase your post efficiency. Sometime in worst cases of a trade these small tools help a lot to avoid losses and if price increase for minimal time there these Stop position books profits for you.

He know these things already but what he wants to use for now is the spot trade because it has a running promotion but the problem is that the spot trade on bitget doesn't have a stop loss and take profit feature. Not a pro trader here but I think it is always possible to trade manually without using those tools not unless if he is too busy to not monitor the price actively but if that is the case then he can just forget this promotion.

I am sure that the earnings he will be getting in this promotion will still be earned in a regular way of trading. If not now then it can always be done soon as soon as he greatly improves his skills in crypto trading.

[sana54210]

If you are a newbie and asking these questions I would highly suggest going to Binance, they have a much easier setup that you can use plus they are the most used one and that is why they are considered the best. I know that bitget could offer something to you to attract customers but the reality is that we are in a world where crypto is a risky thing and it will be quite tough to keep it going like that for a long time.

Just erase the fact that marketing looked great on bitget, and go to Binance and see how much easier it is and know that it is much safer there at the same time as well, there is a reason why they are number one and others are not.

I agree. Binance is just way too awesome for a newbie to ignore, if you keep on looking for places that offer something extra and you are tricked by it, there is a good chance you could be tricked by a scamming website eventually too. Stick with Binance and do not work with any other place, that way you could be certain that you are going to make a profit.

I mean the best thing about the current situation is that we could end up with a good profit in the long run. The situation is that we can't really be exactly sure if the places we work with are good or not, and Binance is, meaning bitget could be decent, but why risk it with that when you have a better option?

[|MINER|]

snip

I am also agree with that. I also wouldn't suggest any newbie to waste their money on the lure of a little offer. If I am talking about the exchangers then Binance is on the top of list and on the others hand bitget is on 82th place. It is natural to understand what the difference between the exchanger at number one and the exchanger at  82th will actually be source . I would also suggest to the op that if there is a possibility of loss for that cause then do trade on Binance without taking risk.

[Digital_Lord]

Actually  i am not familiar with bitget because i do not have used it yet but i want to share that using stop loss and set some special order is better to beaten your collapse it never matters that in which platform you are involved it will always give you profit and i have heard that bitget has provided insufficient profit to its users.