Stop loss

[mvdheuvel1983]

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.

Usually, ,if you are using trading view you can use the Average True Range(ATR) to be able to set a good stop loss for you. Doing so would ensure that that if takes into cognizance the volatility of the trade. To know the true stop loss, minus the ATR from the stop loss you have set for yourself in the trade.

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[palle11]

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.

Usually, ,if you are using trading view you can use the Average True Range(ATR) to be able to set a good stop loss for you. Doing so would ensure that that if takes into cognizance the volatility of the trade. To know the true stop loss, minus the ATR from the stop loss you have set for yourself in the trade.

I think that such volatility do affect the stop loss also. Volatility is not only in a particular platform or broker, it is global and across all depending on the pair that is volatile at the time. Of course if you are trading btc/usdt in a platform, whatever happens to the price volatility goes across the pair wherever it is traded except the exchange manipulate it

[jossiel]

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.

How that could be if you've already made a stop loss? That does mean that you've set your stop loss and removed it?

Because once you set your stop loss then that's the metric that you've set so that it will control and stop your losses. So how can it incur you more losses if you've done so?

And for a scenario for you to incur more losses is either you removed it or didn't set it. But as long as you set SL, you're good and won't make more losses.

[Quidat]

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.

How that could be if you've already made a stop loss? That does mean that you've set your stop loss and removed it?

Because once you set your stop loss then that's the metric that you've set so that it will control and stop your losses. So how can it incur you more losses if you've done so?

And for a scenario for you to incur more losses is either you removed it or didn't set it. But as long as you set SL, you're good and won't make more losses.

Stop loss would really be a border line on which this is only the amount % of your capital on which you are really that prepared for it to lose on the time that the market would really be going south
or totally opposite on what you had set out on which it would really be just that once those SL's been hit then it would completely be triggered and would stop or cut the line on potential losses
if the price would go down against further. Unlike if its just like that it would be an open trade then negative would really be going down deeper and which is something that we dont really like to see.
Usually this SL's are really that commonly used on day trades and futures but if we are really that doing some swing trades or weekly or monthly positioning before we do snip out profits
then it wont really be that necessary but doesnt mean that you cant use it. It would really be entirely be depending on your risks appetite or on how you do really take the market.

[promise444c5]

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.

How that could be if you've already made a stop loss? That does mean that you've set your stop loss and removed it?

Because once you set your stop loss then that's the metric that you've set so that it will control and stop your losses. So how can it incur you more losses if you've done so?

And for a scenario for you to incur more losses is either you removed it or didn't set it. But as long as you set SL, you're good and won't make more losses.

I don't think I'm the only person that have witnessed  this  besides I only experienced it when I'm trading  spikes . I already gotten some info's already base on liquidity  and brokers too ,I don't think you really get me sir

[Inwestour]

Stop loss would really be a border line on which this is only the amount % of your capital on which you are really that prepared for it to lose on the time that the market would really be going south
or totally opposite on what you had set out on which it would really be just that once those SL's been hit then it would completely be triggered and would stop or cut the line on potential losses
if the price would go down against further. Unlike if its just like that it would be an open trade then negative would really be going down deeper and which is something that we dont really like to see.
Usually this SL's are really that commonly used on day trades and futures but if we are really that doing some swing trades or weekly or monthly positioning before we do snip out profits
then it wont really be that necessary but doesnt mean that you cant use it. It would really be entirely be depending on your risks appetite or on how you do really take the market.

For medium to long term trades, SL is not as common, although that doesn't mean it shouldn't be done. If the trade entry point is not chosen correctly, then the SL can be a lifesaver, since the price can fall very significantly and thus the trader can turn into a forced holder who will wait for the price to return to the previous level, much longer than planned.

SL is a trading culture and if you read the biographies of the great traders who have been successful at it, you will see that almost everyone used stop loss, so it is clear how important this is and what a big role it plays in risk management.

[noormcs5]

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.

Depending on your trade plan you should not move the stop loss below because it will further increase your risk if the market move on against your trade plan. In most cases you will keep the stop loss as it is,  in case the market move against you.  You will incur the loss and get out of the market.

If you want to dollar cost average your future trade then it should be a part of your plan before you initiate the trade. Stick to your plan and you will be safe from big losses.

[jossiel]

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.

How that could be if you've already made a stop loss? That does mean that you've set your stop loss and removed it?

Because once you set your stop loss then that's the metric that you've set so that it will control and stop your losses. So how can it incur you more losses if you've done so?

And for a scenario for you to incur more losses is either you removed it or didn't set it. But as long as you set SL, you're good and won't make more losses.

I don't think I'm the only person that have witnessed  this  besides I only experienced it when I'm trading  spikes . I already gotten some info's already base on liquidity  and brokers too ,I don't think you really get me sir

Yeah, probably I'm not getting you and I haven't experienced that. But if you've seen it and witness it, then so be it mate. 

Usually this SL's are really that commonly used on day trades and futures but if we are really that doing some swing trades or weekly or monthly positioning before we do snip out profits
then it wont really be that necessary but doesnt mean that you cant use it. It would really be entirely be depending on your risks appetite or on how you do really take the market.

I'd still use it if I'll leave it there for months and I'll be back just for assurance that I'll be able to cut loss if the market goes in turmoil.

[Xcode7]

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.

Depending on your trade plan you should not move the stop loss below because it will further increase your risk if the market move on against your trade plan. In most cases you will keep the stop loss as it is,  in case the market move against you.  You will incur the loss and get out of the market.

If you want to dollar cost average your future trade then it should be a part of your plan before you initiate the trade. Stick to your plan and you will be safe from big losses.

Actually, we don't always have to stick to the initial planning, sometimes indeed on the way there will be many unexpected things that make our plans have to be changed, that's not too bad and we could even turn things around.
There will be many scenarios that we can run and there will be many steps that will help to reduce the risks that will arise in the middle of the trade that we are doing to determine the stop loss point, it is beyond control or initial planning (these are things that may happen) or we could just do a stop loss like the initial planning, but I think both are not a problem as long as we know what is likely to happen and the risks we will face.

[Zoomic]

I had some scenarios of my stop loss being pushed down a little bit incurring me more loss what could be the possibilities?

Therefore, to resolve this, and if you are using the Binance platform to trade, there is a button that Binance added to their trading platform to solve this problem which is called price protection, This prevents your stop-loss and take-profit setup from going way above the set price level,  you can make use of it by switching on.

I have read and many people said many things about this scenario and many said about liquidity and more things. You are the person that gave a solution to it and for people using binance platform. I have decided to visit this place to see if I can start earning from day trading. I have seen people complain about stop loss that it is a tool that makes them lose money. I was surprised because we all know that stop lose is there to help us stop or curtail our losses but I was surprised when I heard the reverse about stop lose. I know I have more things to learn and I will get them with time.

[Bananington]

Therefore, to resolve this, and if you are using the Binance platform to trade, there is a button that Binance added to their trading platform to solve this problem which is called price protection, This prevents your stop-loss and take-profit setup from going way above the set price level,  you can make use of it by switching on.

The price protection feature is every trader wanting to use a trading platform should ensure that the platform has so that they can be protected from severe market movements and conditions. If a trading platform you want to use do not have the feature, it will be good that you look to use another trading platform to avoid slippage. Price protection feature is not only good for people who just started trading, it is also good for the long time traders who already have market experience.

[Smartvirus]

Therefore, to resolve this, and if you are using the Binance platform to trade, there is a button that Binance added to their trading platform to solve this problem which is called price protection, This prevents your stop-loss and take-profit setup from going way above the set price level,  you can make use of it by switching on.

The price protection feature is every trader wanting to use a trading platform should ensure that the platform has so that they can be protected from severe market movements and conditions. If a trading platform you want to use do not have the feature, it will be good that you look to use another trading platform to avoid slippage. Price protection feature is not only good for people who just started trading, it is also good for the long time traders who already have market experience.

Stop lose and take profits is an initiative put in place to ensure you aren’t going above your trading plans as this aids you to keep yourself in check even in the event that your not focused on the charts which is presumably a bad idea and a very exhausting activity to carry out. The stop lose and take profit jumps into swift action to keep you off unendurable loose or safe guide you against your own greed in the event of making profit.
This makes it an awesome tool to be used by not just beginner but experienced traders to push where the instincts don’t let you.

Still, there are those who don’t or don’t let the activations do its job. It’s bad practice that develops into an uncontrollable behavior. You ought to be comfortable about the speculations from an analysis especially when it’s good then, you let the tools do it’s job.

[promise444c5]

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.

Depending on your trade plan you should not move the stop loss below because it will further increase your risk if the market move on against your trade plan. In most cases you will keep the stop loss as it is,  in case the market move against you.  You will incur the loss and get out of the market.

If you want to dollar cost average your future trade then it should be a part of your plan before you initiate the trade. Stick to your plan and you will be safe from big losses.

I get what you aid but the case her if have targeted an amount of loss in a trade incase market goes against me but instead it should be executed at the point of stop-loss it's being shift to incur more losses before trade finally closes

[justdimin]

For medium to long term trades, SL is not as common, although that doesn't mean it shouldn't be done. If the trade entry point is not chosen correctly, then the SL can be a lifesaver, since the price can fall very significantly and thus the trader can turn into a forced holder who will wait for the price to return to the previous level, much longer than planned.

SL is a trading culture and if you read the biographies of the great traders who have been successful at it, you will see that almost everyone used stop loss, so it is clear how important this is and what a big role it plays in risk management.

It is true but you need to make sure you set it at the right place and do not lose money. There are two cases where SL could be terrible, first of all if you set at the wrong place, the price could drop there and then bounceback to higher prices, which would leave you with sold and missed your profit chance, make sure you know the resistance and support levels like back of your hand to follow where you should put your stop loss.

Second version is the price going up too much after you set it, if you are not careful, your SL will be far away, but the price could go up and down in the future and you miss out on your profit chance, instead of making 100% return, you make a 20% return because you forget to reset your SL.

[Bushdark]

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.

Usually, ,if you are using trading view you can use the Average True Range(ATR) to be able to set a good stop loss for you. Doing so would ensure that that if takes into cognizance the volatility of the trade. To know the true stop loss, minus the ATR from the stop loss you have set for yourself in the trade.

I think that such volatility do affect the stop loss also. Volatility is not only in a particular platform or broker, it is global and across all depending on the pair that is volatile at the time. Of course if you are trading btc/usdt in a platform, whatever happens to the price volatility goes across the pair wherever it is traded except the exchange manipulate it

Volatility is what make the difference in the market. A project that has frequent volatility will attract investors and traders to always consider that can of coin as a good one for trading. There are so many projects that are trying hard to keep the volatility of there project steady so that more traders can find it more active and attracting which will increase the upward and downward movements.
Projects that do not have volatility are seen as a dead one or a ranging market. The difference in the volatility of a particular market is what will determine whether we are going to make profits from the market or not.

[Fivestar4everMVP]

In all my years of trading, I have never experienced such that my stop loss will be pushed down below what or amount I initially set as my stop loss, though the scenerio or chances is very possible, and like other people have explained, it mostly occurs when the market moves down sharply, based on what I have read about it, I think the best way to avoid such scenario is to constantly monitor the market even after having set a stop loss, though the chances of such thing happening is very rare,  but then , it still happens sometimes.

[armanda90]

Stop loss is important feature  for trader not only spot trading but also in future trading, when using stop loss you still have second chance entry with lower price and secure few percent of your capital. Ever get bad position with trading future, I forget use stop loss and all my capital loss after getting liquidation. Can't predictable when market up and down suddenly but with stop loss feature we can manage well how to secure our capital than loss all.

But some time not effective with stop loss in Binance, ever when short position open in future trading my stop loss can't filled yet until all my capital loss due get liquidation notification.

[promise444c5]

In all my years of trading, I have never experienced such that my stop loss will be pushed down below what or amount I initially set as my stop loss, though the scenerio or chances is very possible, and like other people have explained, it mostly occurs when the market moves down sharply, based on what I have read about it, I think the best way to avoid such scenario is to constantly monitor the market even after having set a stop loss, though the chances of such thing happening is very rare,  but then , it still happens sometimes.

I don't know if you trade spike it mostly occurs while trading spikes ,haven't experienced it in other markets though in a spike market that's not too volatile  though

[palle11]

But some time not effective with stop loss in Binance, ever when short position open in future trading my stop loss can't filled yet until all my capital loss due get liquidation notification.

I think what could cause this is when you don't have sufficient capital to take your losses when the price is hunting your stop loss and that could render it ineffective and the price could run over it. I don't know if you understand what I'm saying, this happens all the time when you don't have running capital to leverage on your loss. I believe that can be the cause of what usually happens in such case .

[HONDACD125]

Stop loss is important feature  for trader not only spot trading but also in future trading, when using stop loss you still have second chance entry with lower price and secure few percent of your capital. Ever get bad position with trading future, I forget use stop loss and all my capital loss after getting liquidation. Can't predictable when market up and down suddenly but with stop loss feature we can manage well how to secure our capital than loss all.

But some time not effective with stop loss in Binance, ever when short position open in future trading my stop loss can't filled yet until all my capital loss due get liquidation notification.

Of course, using a stop loss is very important in all types of trading. I have often seen people who trade without a stop loss and suffer huge losses when the market or the price of that coin falls. Due to this we can minimize our losses. You are right we also save some of our money and get a chance to buy again at a lower price. This is the crypto currency market, what can happen next moment, no one knows, the market can go up and down. Whenever we place a stop loss, we protect our capital from further losses due to market fluctuations and consider ourselves safe. It has happened to me many times that I did not use a stop loss and I lost a lot of money, and many times I used it to protect my capital from a huge loss and I got a great result. The market never moves according to our will, often our analysis and predictions are proved wrong. So I think all day traders should always use stop loss all the time to minimize their losses.