Using stop loss vs. margin adjustment

[Alisha-k]

Stop loss is pretty more easier to use and it reduces the stress of constantly monitoring your trade giving you enough time for other activities. I don't really know how margin adjustment works and haven't used it before but will still like to give it a try to get a taste of it so I can fully decide which suits my strategy best

[LUCKMCFLY]

hello,

I am not a stop loss fan, I'm using margin adjustment instead, I accept the risk of market crash or pump but I use the right leverage that in general fits the day/week evolution for a particular coin.
What about you? Did you use both methods for keeping your position in profit? Which one you consider better?

Thanks

Margin adjustment is an excellent tool, but I think it is very risky, because the market due to its volatility is likely to go against movements and if you do not react quickly, the losses could be very large, however I always advise the correct use of Stop Loss, although if you have good experience in trading and want to be in the market and never exit, what can be done is to leave a Long and enter at the same time with another position in leveraged Short, taking care that the market does not go against, if you go against you will be protected, but of course this is a unique option for expert traders.
This technique was done by the great stock trader named Jesse Livermore, who protected his entries in that way for the years 1800-1900, today it can be done but with great care.

[aoluain]

I'm not a regular trader but after the recent hash ribbon flash last month I decided
to put in a leverage trade on bybit which is still looking quite healthy with a mid $30k
liquidation price.

I didnt use a stop loss and actually dont like the idea, for me its just a way for the
platforms to cancel your trade.

looking at yesterdays and todays market moves it looks like "stop loss hunting"

Margin adjustment keeps your trade alive IMO.


EDIT - here is that Hash Ribbon buy signal from July

https://www.tradingview.com/chart/BTCUSD/oXBM6kA5-BITCOIN-Massive-HASH-RIBBON-Buy-Signal-Incoming-The-NEXT-TIMES/?utm_source=amp-version