Is this also your strategy to avoid hitting your stop loss early?

[tvplus006]

...Is this also your strategy?

The stop loss cannot depend on the size of the leverage. But the leverage is directly related to the order liquidation price. Accordingly, the higher the leverage, the closer the liquidation level is and the higher the chance of losing your deposit.

[el kaka22]

...Is this also your strategy?

The stop loss cannot depend on the size of the leverage. But the leverage is directly related to the order liquidation price. Accordingly, the higher the leverage, the closer the liquidation level is and the higher the chance of losing your deposit.

This means that if you want to do stop loss in there, you need to arrange it according to the whole leverage level. If you are going to lose it all with just 1% drop then make it a quicker and closer thing, like 0.5% for example, or if you are going to lose it all with 5% then you could do it 3% for example.

I still think that if you are in high leverage situation then you would probably not need a stop loss, that is a better thing in spot trading if you ask me. Because in the leverage trading, specially in the high levels like 100x for example, it is obvious that you are risking all of the investment in return of making a decent return in quicker time hence scalping kind of very short term trading is advisable to avoid encountering stoploss situations.

[Ararbermas]

For me before placing an order i would like to see some retest first or a sign that my prediction is accurate in a particular trend to assure that my stop loss would not be hit afterward. Because to be honest its always happened to before when I'm scared to don't miss the right time ro enter, but always hitting my stop loss and end lose. so i made an adjustment..

[Dunamisx]

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Actually it is better to have a start with this method if you're a beginner, firstly it help to cut loss and thereby reducing the extent at which you may loose your coins, but why some people choose this method probably is to participate on many Leverage positions within a day or short period of time, they are the the scalding and sometimes swing traders, but i think the best advice here is for you to discover your own best trading strategies.

[so98nn]

Yes of course. I think you have the right idea to have a lower setting of leverage and have it far away from your liquidation limit. Because if you would be able to do that then you should be able to handle a couple more trades when you are against the thread. You can average your entry price as long as your account can handle it in the right direction. DCA-ing it is going to be okay and that's one of my strategies as well that I use automatically.

It's such a pain to do it manually that's why I use a trading bot like Gunbot. It just makes my life easier and it continues to trade for me 24/7.

Interesting. I need more info from you on Gunbot. I used to read about it a lot earlier but somehow I dropped the idea as it needs proper settings and if we are having set up in wrong way then things could really turn upside down. Though I had this trial earlier I might just start it over again with detailed info. Im not sure but I am hearing a lot about bot trading these days out of know where. Lolz. I might ask you @crwth in pm.

Well as far as stop loss is considered it is close thing to automation but you still need to keep focus on your trades otherwise trouble trouble! Thats why the bot comes in picture for safer and longer trades. 

[GigaBit]

it is definitely a strategy but generally depend on individuals interest. Your assets and experience address how much risk you can carry. Particularly those who are novice in the trading site they should reduce margin as much as possible and set stop loss so that they can survive in the platform.

[Beparanf]

...Is this also your strategy?

The stop loss cannot depend on the size of the leverage. But the leverage is directly related to the order liquidation price. Accordingly, the higher the leverage, the closer the liquidation level is and the higher the chance of losing your deposit.

This is true. If you just open another position to increase the size of your position, the liquidation price will still gonna be the same but only the entry price will adjust base on the average of all the price entry that he made in proportion to the size. Increasing the margin is what makes the liquidity price create space but it will not gonna change the initial size of the investment yet the additional margin will be lose once the new liquidation price will hit.

[AnonBitCoiner]

A stop loss is used in leverage trading such as futures, they are designed to stop you from sustaining heavy losses by setting an exit point for a trade that goes in the wrong direction for you. This is a measure to prevent your position from being liquidated. Best to avoid leverage trading though if you don’t know what you’re doing as it’s easy to get completely wiped out in a single pump or dump. If you do ever get involved in futures trading, ALWAYS set a stop loss.

[crwth]

Interesting. I need more info from you on Gunbot. I used to read about it a lot earlier but somehow I dropped the idea as it needs proper settings and if we are having set up in wrong way then things could really turn upside down. Though I had this trial earlier I might just start it over again with detailed info. Im not sure but I am hearing a lot about bot trading these days out of know where. Lolz. I might ask you @crwth in pm.

Gunbot has been innovating a lot because for sure there's a learning curve in order to completely use it correctly but with the Gunbot School and how it became social, it has become a lot easier to learn it because there would be people to guide you throughout the journey with Gunbot.

You could also PM me if you have any questions, I would be willing to assist you for sure.

[pawanjain]

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Why not try trading with spot at first place and then become a pro at it.
After that may be you can try using leverage and try to increase it from 2x to 5x as and when you progress at your trading skills.

[zaesvlas]

This is a kind of reinsurance, a very cautious strategy.

[Silberman]

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Why not try trading with spot at first place and then become a pro at it.
After that may be you can try using leverage and try to increase it from 2x to 5x as and when you progress at your trading skills.

That makes too much sense, today newbies do not want to go through the trouble of learning how to walk and they want to run from the beginning and reach their goal as soon as possible, the truth is that very few people should be using leverage because as we know if you happen to make even a single mistake while you are using it then the consequences for you can be terrible, it is better to master spot trading first and once you have been profitable for years then you could try leverage trading, but it seems no one wants to take their time during their trading journey anymore.

[sana54210]

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Actually it is better to have a start with this method if you're a beginner, firstly it help to cut loss and thereby reducing the extent at which you may loose your coins, but why some people choose this method probably is to participate on many Leverage positions within a day or short period of time, they are the the scalding and sometimes swing traders, but i think the best advice here is for you to discover your own best trading strategies.

The method is usually helpful if you are a regular trader, like maybe if it is your full time job. That way you would be a trader anyway and you should be good at it, if you are not good at it then why are you doing it as a full time job. This results with a situation where you would be making a profit a bit bigger and would allow you to profit a lot more.

This is how people approach leverage, it is a method where you know you should be right because it is your job and if you are right then why not make a bit more profit. Not everyone makes a profit, but that is the type of thinking they do before then join in. All others who do i,t do it because they have no idea.

[Yamifoud]

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Why not try trading with spot at first place and then become a pro at it.
After that may be you can try using leverage and try to increase it from 2x to 5x as and when you progress at your trading skills.

This becomes hard for OP as he is trying to put himself in a place where he is not yet fully gain knowledge about trading. It is better for OP to start learning spot trading first before stepping up on leverage and margin trading. I'd presume, in this way this makes him fully understand how trading works. No rushing OP and have to be aware that leverage trading is somewhat difficult for the beginner and those who just have limited knowledge. It is found to be the best to start from the basic (spot trading) and make use of that experience for the next level.

[Kimonoe]

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Why not try trading with spot at first place and then become a pro at it.
After that may be you can try using leverage and try to increase it from 2x to 5x as and when you progress at your trading skills.

That makes too much sense, today newbies do not want to go through the trouble of learning how to walk and they want to run from the beginning and reach their goal as soon as possible, the truth is that very few people should be using leverage because as we know if you happen to make even a single mistake while you are using it then the consequences for you can be terrible, it is better to master spot trading first and once you have been profitable for years then you could try leverage trading, but it seems no one wants to take their time during their trading journey anymore.

leveraged trading we usually fight with lots, many of the novice traders can't count lots so they trade with over lots, which can result in margin calls. therefore for novice traders must be able to train psychology, or if not using spot trading it will be safer for the capital used. the most important thing is that if we want to learn then we will gradually understand by itself, and also determine the attitude of ourselves it is very important to know our progress in trading

[nur rochid]

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Actually it is better to have a start with this method if you're a beginner, firstly it help to cut loss and thereby reducing the extent at which you may loose your coins, but why some people choose this method probably is to participate on many Leverage positions within a day or short period of time, they are the the scalding and sometimes swing traders, but i think the best advice here is for you to discover your own best trading strategies.

The method is usually helpful if you are a regular trader, like maybe if it is your full time job. That way you would be a trader anyway and you should be good at it, if you are not good at it then why are you doing it as a full time job. This results with a situation where you would be making a profit a bit bigger and would allow you to profit a lot more.

This is how people approach leverage, it is a method where you know you should be right because it is your job and if you are right then why not make a bit more profit. Not everyone makes a profit, but that is the type of thinking they do before then join in. All others who do i,t do it because they have no idea.

by using a small leverage in order to have a small risk too, then this seems to be an exercise. but we should not be tempted to immediately use large leverage, because if we succeed with small leverage in a row, it will come to mind to use large leverage in the hope of getting big profits soon. the wrong way for things like this, because they have not been able to control their own psychology. even though it is patience that must be maintained until we understand market habits work

[wxa7115]

by using a small leverage in order to have a small risk too, then this seems to be an exercise. but we should not be tempted to immediately use large leverage, because if we succeed with small leverage in a row, it will come to mind to use large leverage in the hope of getting big profits soon. the wrong way for things like this, because they have not been able to control their own psychology. even though it is patience that must be maintained until we understand market habits work

I have not really thought about it but this is an additional risk, if people use a small amount of leverage and they happen to do well just out of random luck then they are bound to try to increase the level of leverage they have been using thinking they have master it already, and then when they do happen to make a mistake and they read the market wrong then that is when they can lose massive amounts of money.

So I still stand by my previous recommendation, only expert traders should make use of leverage and most of the time those that choose to not listen to this simple advice will have to find out the hard way why this was  a bad idea.

[Lanatsa]

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Test it out for yourself if it does work because you wouldnt know if it does work until you do apply it into  your trades.Putting up shallow Stop losses could really easily be triggered or hit up because of volatility and since we

know that we arent dealing with forex or indices or stocks which does have minimal movements but here on crypto space where 5-10% movement is really just like default thats why monitoring your stop losses would be

good or much better if you dont set anything at all specially if you are just dealing with active trading then it wont really be that necessary.

[CaVO32]

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Test it out for yourself if it does work because you wouldnt know if it does work until you do apply it into  your trades.Putting up shallow Stop losses could really easily be triggered or hit up because of volatility and since we

know that we arent dealing with forex or indices or stocks which does have minimal movements but here on crypto space where 5-10% movement is really just like default thats why monitoring your stop losses would be

good or much better if you dont set anything at all specially if you are just dealing with active trading then it wont really be that necessary.

Also, it depends on the coin itself. Because each coin has their degree of trading activity. Some move faster than the others, depending on how it is heavily traded and how much volatility is involved. Because for example, in small cap coins, the movement is easy to manipulate even with the injection of small funds, hence, you will see a large percentage of change. You can always try your hypothesis in this market. But better use small funds if you are not ready with the outcome.

[Silberman]

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Test it out for yourself if it does work because you wouldnt know if it does work until you do apply it into  your trades.Putting up shallow Stop losses could really easily be triggered or hit up because of volatility and since we

know that we arent dealing with forex or indices or stocks which does have minimal movements but here on crypto space where 5-10% movement is really just like default thats why monitoring your stop losses would be

good or much better if you dont set anything at all specially if you are just dealing with active trading then it wont really be that necessary.

Also, it depends on the coin itself. Because each coin has their degree of trading activity. Some move faster than the others, depending on how it is heavily traded and how much volatility is involved. Because for example, in small cap coins, the movement is easy to manipulate even with the injection of small funds, hence, you will see a large percentage of change. You can always try your hypothesis in this market. But better use small funds if you are not ready with the outcome.

Or even better before you use any strategy in a live market it is necessary to paper trade the strategy and if it does work then it makes sense to begin to use a little bit of money at real markets to see if we can make it work for real, however if the paper trade test indicates that this is not a reliable strategy then you have saved yourself the trouble, time and money you could have lost, something that is not small in a market in which the competition is so high and it is difficult to obtain profits from it.