A season for stop loss

[RealMalatesta]

Without a doubt they should be aware of what they are doing and the consequences of using such a massive amount of leverage and lose a trade without a stop loss, and yet despite knowing the consequences of their actions a lot of people still decide to use that tactic and then they lose a massive amount of money, and the reason is simple they only think of all the money they will earn and not even once they think about the money they could lose, which without a doubt it is a critical mistake.

There are too many people who do not know the benefits they have when they are doing a leverage trading. They are using something that will allow them to make more money than what they could afford and that is the reason why most people use leverage, and the benefit of it is still beyond them. Look, you could turn your 1k into 10k if you wait long enough and if you have a high leverage and that is understandable and I understand that some people may enjoy that and it's fine.

But the reality is that, people who are veterans do not turn their 1k into 10k with leverage, they turn their 1k to 1.1k and they get out. Because, it is much easier to do that, with high leverage, your 10 dollar profit could become 100 dollar profit and you could keep doing that constantly many times inside just one day and you could make a killing out of that for sure without a problem at all.

[Issa56]

Now is the right time to use this tool. I think that this may well allow the trader to avoid losses.

Even if you use a stop loss, you could still lose money if your analysis is poor. Using a stop loss does not guarantee that you won't lose money, if you don't do you analysis well you will still lose money even if you use stop loss. Let's assume you are trading with $100 and you want to exit the trade when you are at lost of $10, after your stop loss have been triggered, you are left with $90, If you don't do proper analysis and enter another trade with the $90 that is left after your stop loss has been triggered and you set your stop loss to exit the market when you are at $10 lost, if the stop loss is triggered, you will be left with $80 and will be losing money over time. I believe doing proper analysis before entering a trade is the best. Sometimes your stop loss will be triggered then the coin will bounce back.

[shushu9977]

Stop loss is very important and useful for the trader. I use many times to stop loss that's way, I lost my money a little of. I know many of them whom don't use stop loss and the lost their money. I see many of them are going to be much painful for the token Luna which is damaged many people life.

[yhiaali3]

Personally, I do not use stop loss, especially when I trade in bitcoin, stop loss means that you will inevitably lose when the deal hits the stop loss, but for me I prefer to use hold instead of stop loss, stop loss is good when you trade on chitcoin. As for bitcoin, I do not recommend using it at all because bitcoin It will definitely go back up again, it's only a matter of time, you just need some patience, you don't need a stop loss at all because you will be a loser, but with Hold you will definitely be a winner.

[palle11]

Personally, I do not use stop loss, especially when I trade in bitcoin, stop loss means that you will inevitably lose when the deal hits the stop loss, but for me I prefer to use hold instead of stop loss, stop loss is good when you trade on chitcoin. As for bitcoin, I do not recommend using it at all because bitcoin It will definitely go back up again, it's only a matter of time, you just need some patience, you don't need a stop loss at all because you will be a loser, but with Hold you will definitely be a winner.

You don't have to see stop loss as a loser method but a method of trading that helps you not to lose all your money at once. What stop does is to help you leave some part of your money for another opportunity to try and regain your lose incase you lost out in the first trade. Whether bitcoin or not, stop loss is a good tool for stopping your risk to be over stressing to your account.

[sklopan]

It is well worth it to work with this tool. I think that its correct use may well bring the desired result.

[Hamphser]

Personally, I do not use stop loss, especially when I trade in bitcoin, stop loss means that you will inevitably lose when the deal hits the stop loss, but for me I prefer to use hold instead of stop loss, stop loss is good when you trade on chitcoin. As for bitcoin, I do not recommend using it at all because bitcoin It will definitely go back up again, it's only a matter of time, you just need some patience, you don't need a stop loss at all because you will be a loser, but with Hold you will definitely be a winner.

You don't have to see stop loss as a loser method but a method of trading that helps you not to lose all your money at once. What stop does is to help you leave some part of your money for another opportunity to try and regain your lose incase you lost out in the first trade. Whether bitcoin or not, stop loss is a good tool for stopping your risk to be over stressing to your account.

Stop loss would really be relevant when you are really dealing with active trading but if not then i dont see for it to be necessary but there were people who do make use of SL tools even on long term or price swings

which i dont consider not to be bad but of course there would be its con's on where it would really be considered loss and wont really be having  the chance on breaking even or something talks about recovery

just because it had been triggered then its considered to be a complete loss.Stop loss would be useful if you are actively dealing with the market but if not then it wont really be that necessary
for you to make use.Even myself doesnt set out because if it falls to negative then i would simply really be just wait for the entire market to make some change trend.

[nurilham]

Personally, I do not use stop loss, especially when I trade in bitcoin, stop loss means that you will inevitably lose when the deal hits the stop loss, but for me I prefer to use hold instead of stop loss, stop loss is good when you trade on chitcoin. As for bitcoin, I do not recommend using it at all because bitcoin It will definitely go back up again, it's only a matter of time, you just need some patience, you don't need a stop loss at all because you will be a loser, but with Hold you will definitely be a winner.

Using stop-loss isn't a must, it is optional. If you think stop-loss isn't the best solution for your coin, you don't need to use it. Especially for Bitcoin, that is proven to increase again after the huge dump, no worry to hold it in our wallet. I also never use the stop-loss feature for my Bitcoin because I rarely trade it, I prefer to make it as a long-term asset. It is simple, we just need to keep it in our wallet until the next bullrun. Sure, it requires a patient because we must wait for several years.

[South Park]

Personally, I do not use stop loss, especially when I trade in bitcoin, stop loss means that you will inevitably lose when the deal hits the stop loss, but for me I prefer to use hold instead of stop loss, stop loss is good when you trade on chitcoin. As for bitcoin, I do not recommend using it at all because bitcoin It will definitely go back up again, it's only a matter of time, you just need some patience, you don't need a stop loss at all because you will be a loser, but with Hold you will definitely be a winner.

Using stop-loss isn't a must, it is optional. If you think stop-loss isn't the best solution for your coin, you don't need to use it. Especially for Bitcoin, that is proven to increase again after the huge dump, no worry to hold it in our wallet. I also never use the stop-loss feature for my Bitcoin because I rarely trade it, I prefer to make it as a long-term asset. It is simple, we just need to keep it in our wallet until the next bullrun. Sure, it requires a patient because we must wait for several years.

Everything depends on your trading or investing strategy, and while there are a few people that can make do without a stop loss the truth is that a great deal of the newbies will benefit from having one, as the whole point of the stop loss is to protect yourself from suffering massive losses in a single trade, which is the number one problem of most newbies, only once people have left that stage on their development and have become more refined and knowledgeable then traders could stop using a stop loss on every single one of their trades.

[tvplus006]

Stop loss is very important and useful for the trader. I use many times to stop loss that's way, I lost my money a little of. I know many of them whom don't use stop loss and the lost their money...

If you set the stop loss incorrectly, it will also lead to the loss of the deposit, as if you did not use it. The only difference is that it will take longer. In this case, we must correctly set the level at which we open a long so that the set stop loss is below the support level or above the resistance when opening a short position.

[Finestream]

This is the best time to pick your stop loss and make it an essential part of your trade. The market keeps falling and investors and traders alike keeps crying. It seems some wild prediction of Bitcoin giving those who missed the early opportunity of buying is coming alive. To avoid been caught up and trapped  by the market volatility stop loss should be as useful as every other technical or fundamental tool you can think of. It is better to risk a small fraction of your assets than losing it all

It’s not a good time to sell if you aim for good profits, but if you are selling some of your altcoins for bitcoin, that way it will never be a loss and will be a helpful one. However, it will always be an edge if you prepare enough funds prior to bearish market, and after you have made profits from the bullish market. That way, you will never run out of funds and you can always maximize your purchase particularly if you also do DCA-ing this time.

[CryptoHeadlineNews]

It is better to risk a small fraction of your assets than losing it all

Yeah.. you are actually right on this, because I can remember this recent fall in the price of Bitcoin from $30,000 to $20,000, I lost almost half of my invested asset, because the fall in price happened so quickly that we never knew it won't bounce back so soon. Only had it been I used the stop loss feature, am sure by now I wouldn't have been regretting the way am doing now. But actually this experience have thought me a lesson which I won't forget so soon. So using the "stop loss" feature is the best thing to do now to avoid the tragedy it's volatile market nature today

[LUCKMCFLY]

Stop loss is very important and useful for the trader. I use many times to stop loss that's way, I lost my money a little of. I know many of them whom don't use stop loss and the lost their money...

If you set the stop loss incorrectly, it will also lead to the loss of the deposit, as if you did not use it. The only difference is that it will take longer. In this case, we must correctly set the level at which we open a long so that the set stop loss is below the support level or above the resistance when opening a short position.

In the case of trading, for me, the most important thing is the Stop Loss, of course you have to know how to place it, but the ideal is to be able to trade with the corresponding tools, with stop loss and take profit at the same time, something that not all excahnges have it, in the case of binance if there is a long position the only way to protect is with the stop loss, and if it goes up a lot you have to move the stop loss, but that implies being glued to the chart and that is something that at least to I don't like it, because I like to do other things and not just be involved in trading, so I don't know how to use the stop loss.

[Silberman]

It is better to risk a small fraction of your assets than losing it all

Yeah.. you are actually right on this, because I can remember this recent fall in the price of Bitcoin from $30,000 to $20,000, I lost almost half of my invested asset, because the fall in price happened so quickly that we never knew it won't bounce back so soon. Only had it been I used the stop loss feature, am sure by now I wouldn't have been regretting the way am doing now. But actually this experience have thought me a lesson which I won't forget so soon. So using the "stop loss" feature is the best thing to do now to avoid the tragedy it's volatile market nature today

What happens is that even if you become a full-time trader and you do nothing else it is still unrealistic to think that you are going to be able to watch the markets all the time, and as we know the volatility in this market is so high that the price can change incredibly fast while we are sleeping, so if you do not use a stop loss by the time you wake up you could realize that you have lost a significant amount of money and if you are using leverage you could lose all your capital just because you did not took advantage of one of the best tools we have available to reduce our losses.

[Ziskinberg]

What happens is that even if you become a full-time trader and you do nothing else it is still unrealistic to think that you are going to be able to watch the markets all the time, and as we know the volatility in this market is so high that the price can change incredibly fast while we are sleeping, so if you do not use a stop loss by the time you wake up you could realize that you have lost a significant amount of money and if you are using leverage you could lose all your capital just because you did not took advantage of one of the best tools we have available to reduce our losses.

The purpose of using the Stop Loss strategy is to save us from losing a lot. Many people never appreciate this but that was their opinion. Definitely yes, they will just realize the importance of this when they already suffered big losses.
Well, I don't ask and urge traders to use this but I would encourage them to look into this strategy and even try just for them to know how it helps us in the time that we are not the computer and the time when we left our trade open for selling.

[Silberman]

What happens is that even if you become a full-time trader and you do nothing else it is still unrealistic to think that you are going to be able to watch the markets all the time, and as we know the volatility in this market is so high that the price can change incredibly fast while we are sleeping, so if you do not use a stop loss by the time you wake up you could realize that you have lost a significant amount of money and if you are using leverage you could lose all your capital just because you did not took advantage of one of the best tools we have available to reduce our losses.

The purpose of using the Stop Loss strategy is to save us from losing a lot. Many people never appreciate this but that was their opinion. Definitely yes, they will just realize the importance of this when they already suffered big losses.
Well, I don't ask and urge traders to use this but I would encourage them to look into this strategy and even try just for them to know how it helps us in the time that we are not the computer and the time when we left our trade open for selling.

While using a stop loss is completely optional because each trader is free to trade in whatever way it suits them best, at the same time I find a stop loss to be almost indispensable if you want to become a successful trader, and this is because a great deal of traders are only thinking about the profits that they can make not understanding the money they do not lose is probably way more important, it is because of this you get to know who is a good trader during the bear market and not during a bull market, because during a bull market everyone seems like they are a genius as all the market is going up at same time.

[LUCKMCFLY]

It is better to risk a small fraction of your assets than losing it all

Yeah.. you are actually right on this, because I can remember this recent fall in the price of Bitcoin from $30,000 to $20,000, I lost almost half of my invested asset, because the fall in price happened so quickly that we never knew it won't bounce back so soon. Only had it been I used the stop loss feature, am sure by now I wouldn't have been regretting the way am doing now. But actually this experience have thought me a lesson which I won't forget so soon. So using the "stop loss" feature is the best thing to do now to avoid the tragedy it's volatile market nature today

For those people who are only dedicated to placing certain types of signals, without taking into account their own and meaningful analysis, the stop loss should be placed without any debt, but for a person who has made their respective analysis, although it may be very Well, I recommend using the stop loss a lot, but you really have to know how to place it, because sometimes for not knowing how to place it well, the stop loss was not activated and I kept losing, I think this is one of the things that cannot fall into error, because it translates into loss of money.

[Franctoshi]

This is the best time to pick your stop loss and make it an essential part of your trade. The market keeps falling and investors and traders alike keeps crying. It seems some wild prediction of Bitcoin giving those who missed the early opportunity of buying is coming alive. To avoid been caught up and trapped  by the market volatility stop loss should be as useful as every other technical or fundamental tool you can think of. It is better to risk a small fraction of your assets than losing it all

Good advice for day-traders who are involved with leverage and spot trading to have their trading account get protected while dealing with the volatile market Bitcoin ,but the stop lose in my view do not have anything to bother the long time holder / investors as they got nothing to do with stops loses. So for every day trader it is always good you ensure you use stops in order to protect yourself from blowing out your entire portfolio. The best thing one should do now is stay away from leverage trading or any form that will liquidate you, rather the best thing one should do now is to accumulate more of Bitcoin and wait for future ,do not be in ghast to make money rather it's time you engage yourself with other sources of income and then from there you sustain yourself.

[abel1337]

This is the best time to pick your stop loss and make it an essential part of your trade. The market keeps falling and investors and traders alike keeps crying. It seems some wild prediction of Bitcoin giving those who missed the early opportunity of buying is coming alive. To avoid been caught up and trapped  by the market volatility stop loss should be as useful as every other technical or fundamental tool you can think of. It is better to risk a small fraction of your assets than losing it all

Good advice for day-traders who are involved with leverage and spot trading to have their trading account get protected while dealing with the volatile market Bitcoin ,but the stop lose in my view do not have anything to bother the long time holder / investors as they got nothing to do with stops loses. So for every day trader it is always good you ensure you use stops in order to protect yourself from blowing out your entire portfolio. The best thing one should do now is stay away from leverage trading or any form that will liquidate you, rather the best thing one should do now is to accumulate more of Bitcoin and wait for future ,do not be in ghast to make money rather it's time you engage yourself with other sources of income and then from there you sustain yourself.

I don't why would an investor or a holder will do a stop loss. They are having their coins to hold it for a long time and will not care how low will the price go, They are just accumulating and accumulating on different price points. Traders are the one that should use a stop loss, I've seen many liquidation because of not having a stop loss this is why I don't forget to have a stop loss on every trades I am having whether it's a spot or in futures. For the season we are having right now, I can agree that adding other source of income and to start accumulating is the way to go.

[teosanru]

This is the best time to pick your stop loss and make it an essential part of your trade. The market keeps falling and investors and traders alike keeps crying. It seems some wild prediction of Bitcoin giving those who missed the early opportunity of buying is coming alive. To avoid been caught up and trapped  by the market volatility stop loss should be as useful as every other technical or fundamental tool you can think of. It is better to risk a small fraction of your assets than losing it all

I agree with you on this. Especially for traders it's very important to keep a stop loss always. You always should make your trades with risk and reward in your mind and if some uncertain volatility just magically kicks in, it should not disturb your whole calculation so it's best to always have a stop loss on the system itself than just keeping a mental stop loss because sometimes market would fall so rapidly that you won't be able to put your mental stop loss in the system in time.