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Coin_trader
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August 31, 2023, 05:54:46 PM
 #41


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 .

You’re assumption is correct too but you can’t set a stop loss that is way lower than your liquidation price since a big warning will popup or you can’t place the stop loss order since there’s an error.

My assumption to his case was he is using a cross margin trading instead of isolated while he removes some part of his capital that was supposed to increase his liquidation margin. This way, your stop loss can still be set way lower than liquidation price since it was place when the liquidity price is not yet adjusted to the updated capital.

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August 31, 2023, 07:02:09 PM
 #42


You’re assumption is correct too but you can’t set a stop loss that is way lower than your liquidation price since a big warning will popup or you can’t place the stop loss order since there’s an error.

My assumption to his case was he is using a cross margin trading instead of isolated while he removes some part of his capital that was supposed to increase his liquidation margin. This way, your stop loss can still be set way lower than liquidation price since it was place when the liquidity price is not yet adjusted to the updated capital.

The stop loss is almost used by all the future trading trader irrespective of the liquidity.The more liquidity holding people will set the stop loss with more value,the trader with less liquidity will fix the stop loss before the closure of entire involved money.The most important one is you should not do normal trade when you was involved in the future trade.Because the money involved in the normal trade can be used for the liquidity for the future trade.So that the probability of winning from the future trade is possible one.

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August 31, 2023, 10:34:36 PM
 #43


You’re assumption is correct too but you can’t set a stop loss that is way lower than your liquidation price since a big warning will popup or you can’t place the stop loss order since there’s an error.

My assumption to his case was he is using a cross margin trading instead of isolated while he removes some part of his capital that was supposed to increase his liquidation margin. This way, your stop loss can still be set way lower than liquidation price since it was place when the liquidity price is not yet adjusted to the updated capital.

The stop loss is almost used by all the future trading trader irrespective of the liquidity.The more liquidity holding people will set the stop loss with more value,the trader with less liquidity will fix the stop loss before the closure of entire involved money.The most important one is you should not do normal trade when you was involved in the future trade.Because the money involved in the normal trade can be used for the liquidity for the future trade.So that the probability of winning from the future trade is possible one.
Futures traders and to those who do love to scalp on which this kind of tool or thing would really be that relevant on making use on which making your losses would be cut-off once it do able to hit a certain level on those

numbers that you had set on.It is really that relevant to those who do make out short trades but not for those who do have those longer holds types on which there's no way that you would able to recover one those things been hit.  You would really be soon find out on whats the relevance of these things whether it would fit out with your trading ways or methods or not. It is really just that depending on how you would really make use of it.
There are ones who do make use and there are ones who do make out that open trading on which if ever they do have that negative floating then they do simply hold their position.

You would be finding its relevance on the time that you would be making some short trades but if not then its not really that useful but i should say that even
on having not that trading type but you would really be needing to consider whether you do make use of it or not.

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September 01, 2023, 07:27:12 AM
 #44

While I was still carrying out Forex trading, the broker I used then had automatic settings for stop loss and take profit, and you would just need to modify them to the price at which you want the market to automatically close if your loss threshold reached the level you set it to. But when I was carrying out futures trading, I noticed that most of those centralised exchanges don't have any feature that allows you to set your price for stop loss; you have to do it manually. The market is sometimes very volatile, mostly if you are dealing with some unpredictable altcoins. So, depending on how fast the volatility takes place, your asset could even get liquidated before you can close the trade to stop the loss. You are even lucky that your asset was not totally liquidated, as you were able to stop the loss.
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September 01, 2023, 08:56:26 AM
 #45

It is a normal thing because you miss calculate it or your strategy doesn't work. You know a stop loss is where you intend to go down, meaning if the price goes in your stop loss, it goes the other way in your trade, and you need to re-analyze it. Just imagine you keep moving it because you thought it went another way but not because that is really the trend. It is better to have a calculated risk on which, if you are rich, you need to re-strategize where you will be putting your entry again.
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September 01, 2023, 10:36:47 AM
 #46

While I was still carrying out Forex trading, the broker I used then had automatic settings for stop loss and take profit, and you would just need to modify them to the price at which you want the market to automatically close if your loss threshold reached the level you set it to. But when I was carrying out futures trading, I noticed that most of those centralised exchanges don't have any feature that allows you to set your price for stop loss; you have to do it manually. The market is sometimes very volatile, mostly if you are dealing with some unpredictable altcoins. So, depending on how fast the volatility takes place, your asset could even get liquidated before you can close the trade to stop the loss. You are even lucky that your asset was not totally liquidated, as you were able to stop the loss.
We must have an accurate strategy even before we start trading, and in each individual transaction we need to understand what we are doing, when we should enter the trade, and at what levels we should exit the trade if the market behaves differently as we expected.

The main point is to minimize our risks, to reduce losses to a minimum, because there will always be losses, this is an inevitable part of trading, every trader will incur losses, but our main task is to minimize our losses.
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September 01, 2023, 10:44:41 AM
 #47

While I was still carrying out Forex trading, the broker I used then had automatic settings for stop loss and take profit, and you would just need to modify them to the price at which you want the market to automatically close if your loss threshold reached the level you set it to. But when I was carrying out futures trading, I noticed that most of those centralised exchanges don't have any feature that allows you to set your price for stop loss; you have to do it manually. The market is sometimes very volatile, mostly if you are dealing with some unpredictable altcoins. So, depending on how fast the volatility takes place, your asset could even get liquidated before you can close the trade to stop the loss. You are even lucky that your asset was not totally liquidated, as you were able to stop the loss.

Yes I think brokers do have a setting for their trade endpoints  but how will one know if it not even mentioned by the broker or can we say it's a way for them to generate more profit as a company .I even heard some brokers  fold up after covid with millions.

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September 01, 2023, 02:23:30 PM
 #48

We must have an accurate strategy even before we start trading, and in each individual transaction we need to understand what we are doing, when we should enter the trade, and at what levels we should exit the trade if the market behaves differently as we expected.

The main point is to minimize our risks, to reduce losses to a minimum, because there will always be losses, this is an inevitable part of trading, every trader will incur losses, but our main task is to minimize our losses.

Of course, it is always a must-have for traders before they start, beginners or professionals must have at least a few strategies that are highly accurate, because that is what will lead them to real profits. Basically, there are so many things that we have to prepare when we want to start becoming a trader, not only money but mentally is also very important when you are there, and actually if we (traders) learn properly, I mean learning something that suits our needs then surely we will also have a good plan, I realize it is very difficult but it can be gradually learned. In trading it is quite difficult to find the right mentor because every trader has his own way, that means when someone has a strategy that is very accurate for him but it is not necessarily if someone else does it. I think different people have different ways of doing it. That's right, self-control is indeed the main point that must still be emphasized, do not let you be controlled by lust because obviously it will have a bad impact, and it is not uncommon for traders to experience MC there. So keep using any means to minimize your losses.
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September 01, 2023, 05:38:26 PM
 #49

We must have an accurate strategy even before we start trading, and in each individual transaction we need to understand what we are doing, when we should enter the trade, and at what levels we should exit the trade if the market behaves differently as we expected.

The main point is to minimize our risks, to reduce losses to a minimum, because there will always be losses, this is an inevitable part of trading, every trader will incur losses, but our main task is to minimize our losses.
Minimizing the loss is as important as anything else in trading, there will be people who will make some mistakes here and there but as long as you trust it, you are going to be doing fine in the end. I do believe that you are going to end up with a good result one way or another, but that doesn't mean that you are going to end up with a situation that would be difficult and it would be a fine thing if you could end up with a good result.

I think it should be important to make sure that you are growing to be something different, it should not be that simple and you should be careful about what you are doing. Stop loss prevents big losses, and if you have it, then you are going to be ready for any kind of drop that may happen.
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September 01, 2023, 05:58:38 PM
 #50

stop lose is one of the most important for traders, especially when you are in futures trading, before you set your entry, don't forget to put a stop lose, you can liquidate all your money without it, I just advise here always set a stop lose or else your money will burn, put a stop lose on what you are ready to lose

This is true but sometimes I’m not using stop loss if my liquidation price is very far away on the support. I only an amount to my margin that I can afford to lose so that I will just choose whether my position will liquidate or will profit.

I experience many time that my position stop loss triggered while the price action reverse after hitting my stop loss which will give me profit instead of lose if only I don’t have stop loss.
But from the average trade that I did, without using a stop loss it was very terrible if the price did not bounce, and the tone was drained, several times I got an MC, and when I checked it crazier, unless you have a small margin and money You are enough to back up the decline outside of your calculations, it's very good of course.

I had some scenarios of my stop loss being pushed down a little bit incurring  me more loss what could be the possibilities.
What do you think, that market makers will allow you win easily? Nah, not that easy. The big players know how to hunt SLs because they know where retail traders expectedly place their SLs and they want to sweep off those liquidity in corrective manner before heading to the same direction price was headed earlier. I said they know where most retailers place their SL because they look at Support & Resistance and wipe them off. That's what happened to you. To avoid such a scenario, what most traders do is wait for a break of the Support or Resistance level to place their trades and not place them exactly at that spot. Wait for a break and then place your trade.
So maybe what happens to the intended stop loss is not purely from the market movement? There are some incidents that are engineered to take retail traders' money, I don't really understand this, but I respond to being negative about market players who have large capital.
Reading your explanation is quite terrible, but thanks for the tips to avoid it, it's very useful for me.

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September 01, 2023, 06:22:19 PM
 #51

While I was still carrying out Forex trading, the broker I used then had automatic settings for stop loss and take profit, and you would just need to modify them to the price at which you want the market to automatically close if your loss threshold reached the level you set it to. But when I was carrying out futures trading, I noticed that most of those centralised exchanges don't have any feature that allows you to set your price for stop loss; you have to do it manually. The market is sometimes very volatile, mostly if you are dealing with some unpredictable altcoins. So, depending on how fast the volatility takes place, your asset could even get liquidated before you can close the trade to stop the loss. You are even lucky that your asset was not totally liquidated, as you were able to stop the loss.
We must have an accurate strategy even before we start trading, and in each individual transaction we need to understand what we are doing, when we should enter the trade, and at what levels we should exit the trade if the market behaves differently as we expected.

The main point is to minimize our risks, to reduce losses to a minimum, because there will always be losses, this is an inevitable part of trading, every trader will incur losses, but our main task is to minimize our losses.
The thing is there are no really accurate strategy on trading, it's hardly to have one like just what you have said, the market is very volatile. It's very hard to pinpoint the exact or accurate strategy to avoid losses. I agree on most of what you said since the it all boils down into minimalizing the risks as much as possible by finding strategy that can be use on the different kind of situations. One characteristic of a good trader from a new one is the agility of them to adapt to situations like minimalizing losses.
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September 02, 2023, 12:55:30 AM
 #52

We must have an accurate strategy even before we start trading, and in each individual transaction we need to understand what we are doing, when we should enter the trade, and at what levels we should exit the trade if the market behaves differently as we expected.

The main point is to minimize our risks, to reduce losses to a minimum, because there will always be losses, this is an inevitable part of trading, every trader will incur losses, but our main task is to minimize our losses.

You mean a more self-developed strategy that the trader has developed? because even a trading strategy is very accurate, it doesn't absolutely eliminate losses.

The stop-loss strategy was yet derived by someone before it was even added to some of those trading platforms for automatic use. Let's say, for example, that you bought a coin for $500 and your expected profit is $200 (total of $700), but after the price of the coin goes up a little and your profit becomes $180 instead of the expected profit, your profit begins to go down again because the price of the coin keeps falling. Instead of allowing the already-seen profit to melt away, you can just decide to stop the trade. Sometimes the strategy manages to help one earn profit, but not always because the volatility can occur so quickly.

Yes I think brokers do have a setting for their trade endpoints  but how will one know if it not even mentioned by the broker or can we say it's a way for them to generate more profit as a company .I even heard some brokers  fold up after covid with millions.

I cannot really tell about that because I am not sure and haven't heard that those settings can be monitored and altered by those brokers. I know that sometimes some brokers can just add some features to entice users, making them think they can have more success, while it's just a trap that can even cause more losses.
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September 02, 2023, 12:14:41 PM
 #53

We must have an accurate strategy even before we start trading, and in each individual transaction we need to understand what we are doing, when we should enter the trade, and at what levels we should exit the trade if the market behaves differently as we expected.

The main point is to minimize our risks, to reduce losses to a minimum, because there will always be losses, this is an inevitable part of trading, every trader will incur losses, but our main task is to minimize our losses.

You mean a more self-developed strategy that the trader has developed? because even a trading strategy is very accurate, it doesn't absolutely eliminate losses.

The stop-loss strategy was yet derived by someone before it was even added to some of those trading platforms for automatic use. Let's say, for example, that you bought a coin for $500 and your expected profit is $200 (total of $700), but after the price of the coin goes up a little and your profit becomes $180 instead of the expected profit, your profit begins to go down again because the price of the coin keeps falling. Instead of allowing the already-seen profit to melt away, you can just decide to stop the trade. Sometimes the strategy manages to help one earn profit, but not always because the volatility can occur so quickly.

Yes I think brokers do have a setting for their trade endpoints  but how will one know if it not even mentioned by the broker or can we say it's a way for them to generate more profit as a company .I even heard some brokers  fold up after covid with millions.

I cannot really tell about that because I am not sure and haven't heard that those settings can be monitored and altered by those brokers. I know that sometimes some brokers can just add some features to entice users, making them think they can have more success, while it's just a trap that can even cause more losses.
okay I might have misquoted  you I get it some enticing features 

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September 02, 2023, 03:46:09 PM
 #54

We must have an accurate strategy even before we start trading, and in each individual transaction we need to understand what we are doing, when we should enter the trade, and at what levels we should exit the trade if the market behaves differently as we expected.

The main point is to minimize our risks, to reduce losses to a minimum, because there will always be losses, this is an inevitable part of trading, every trader will incur losses, but our main task is to minimize our losses.
The thing is there are no really accurate strategy on trading, it's hardly to have one like just what you have said, the market is very volatile. It's very hard to pinpoint the exact or accurate strategy to avoid losses. I agree on most of what you said since the it all boils down into minimalizing the risks as much as possible by finding strategy that can be use on the different kind of situations. One characteristic of a good trader from a new one is the agility of them to adapt to situations like minimalizing losses.

Yes, that's right, and in my opinion it is also very difficult to be able to find or make a strategy that is 100% accurate, almost impossible, but for 75% accuracy there may be, even if for example you have a strategy that you think is very accurate so that it makes you spend most of the capital you have. have, still it's not that great, as you said the market is very volatile and no one can predict 100% correctly. So therefore every trader is obliged to have a correct trading plan such as stop loss and take profit, this is none other than to minimize our losses, and apart from that self-control is also very important there, because even though you may have a good plan, if something happens when you experience emotions due to loss, it is likely that you will experience greater losses or even experience MC. It is very possible. Something that is based on emotions will never work, therefore let us learn to further improve our mentality and psychology so that we can be at peace with ourselves in whatever conditions exist. Basically, no matter how good a strategy you have, it's useless if you can't control yourself, because once you win or lose there is no limit to what you can do to minimize your risk.
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September 02, 2023, 08:05:29 PM
 #55

Stop loss orders are a risk management tool and can help protect your investments from significant losses. They are commonly used in volatile markets to minimize the impact of sudden price declines.

If you have specific questions about using stop loss orders or would like more information about them, please feel free to ask.
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September 03, 2023, 10:29:20 AM
 #56

Of course, it is always a must-have for traders before they start, beginners or professionals must have at least a few strategies that are highly accurate, because that is what will lead them to real profits. Basically, there are so many things that we have to prepare when we want to start becoming a trader, not only money but mentally is also very important when you are there, and actually if we (traders) learn properly, I mean learning something that suits our needs then surely we will also have a good plan, I realize it is very difficult but it can be gradually learned. In trading it is quite difficult to find the right mentor because every trader has his own way, that means when someone has a strategy that is very accurate for him but it is not necessarily if someone else does it. I think different people have different ways of doing it. That's right, self-control is indeed the main point that must still be emphasized, do not let you be controlled by lust because obviously it will have a bad impact, and it is not uncommon for traders to experience MC there. So keep using any means to minimize your losses.
I will tell you that you need to learn not from those who want to teach you how to trade, especially if they want to get paid for it, but you need to learn from those traders who do not want to share their knowledge, I think that such knowledge will be especially valuable.

Each of us is able to develop his own strategy, or several strategies that will work differently in different periods, but there are a number of rules that we cannot violate, like stop loss. Yes, this is just one of many rules, but it can really save our money, so you should never neglect it, you should not make any exceptions to this rule, otherwise you increase the risks very significantly and in some cases you will lose control over trading.
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September 03, 2023, 02:48:20 PM
 #57

Of course, it is always a must-have for traders before they start, beginners or professionals must have at least a few strategies that are highly accurate, because that is what will lead them to real profits. Basically, there are so many things that we have to prepare when we want to start becoming a trader, not only money but mentally is also very important when you are there, and actually if we (traders) learn properly, I mean learning something that suits our needs then surely we will also have a good plan, I realize it is very difficult but it can be gradually learned. In trading it is quite difficult to find the right mentor because every trader has his own way, that means when someone has a strategy that is very accurate for him but it is not necessarily if someone else does it. I think different people have different ways of doing it. That's right, self-control is indeed the main point that must still be emphasized, do not let you be controlled by lust because obviously it will have a bad impact, and it is not uncommon for traders to experience MC there. So keep using any means to minimize your losses.
I will tell you that you need to learn not from those who want to teach you how to trade, especially if they want to get paid for it, but you need to learn from those traders who do not want to share their knowledge, I think that such knowledge will be especially valuable.

Each of us is able to develop his own strategy, or several strategies that will work differently in different periods, but there are a number of rules that we cannot violate, like stop loss. Yes, this is just one of many rules, but it can really save our money, so you should never neglect it, you should not make any exceptions to this rule, otherwise you increase the risks very significantly and in some cases you will lose control over trading.

Yes, that makes a little sense, but maybe there are two people here, there are those who share their knowledge in exchange for money and there are also those who really value the knowledge gained from their learning so they are not at all interested in giving it away. to others. or even sell it. Therefore, I have also told my friends that it would be better if they did it themselves without asking other people directly, because everyone's way of trading is different and I really don't recommend you to ask anyone. I understand this is very difficult to do, I mean carrying out the process of learning to trade is very difficult, but I'm sure you can do it. Please, if you want to look for references from other people, don't overdo it, don't underestimate other people's mistakes because we can use them as reference material to avoid losses.

If you continue to learn on your own consistently, including learning from your mistakes, then I am sure you will be able to create various strategies that you think are accurate when applied to your method. And yes, that's right, apart from strategy, we also have to think about several other very important factors, namely trading planning, as you said, stop loss and take profit and also your psychological calm must be used because only that can help you to minimize losses. .

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promise444c5 (OP)
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September 05, 2023, 05:29:13 PM
 #58

Of course, it is always a must-have for traders before they start, beginners or professionals must have at least a few strategies that are highly accurate, because that is what will lead them to real profits. Basically, there are so many things that we have to prepare when we want to start becoming a trader, not only money but mentally is also very important when you are there, and actually if we (traders) learn properly, I mean learning something that suits our needs then surely we will also have a good plan, I realize it is very difficult but it can be gradually learned. In trading it is quite difficult to find the right mentor because every trader has his own way, that means when someone has a strategy that is very accurate for him but it is not necessarily if someone else does it. I think different people have different ways of doing it. That's right, self-control is indeed the main point that must still be emphasized, do not let you be controlled by lust because obviously it will have a bad impact, and it is not uncommon for traders to experience MC there. So keep using any means to minimize your losses.
I will tell you that you need to learn not from those who want to teach you how to trade, especially if they want to get paid for it, but you need to learn from those traders who do not want to share their knowledge, I think that such knowledge will be especially valuable.

Each of us is able to develop his own strategy, or several strategies that will work differently in different periods, but there are a number of rules that we cannot violate, like stop loss. Yes, this is just one of many rules, but it can really save our money, so you should never neglect it, you should not make any exceptions to this rule, otherwise you increase the risks very significantly and in some cases you will lose control over trading.

This is very true, when you learn on your own to some extent,you will start having some strategy which is being developed by you. I know of a friend  who developed a snipe strategy Grin it's  crazy right haha,don't let me dive into it . However, the main point is Learn till you create somethingnew

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September 09, 2023, 07:18:00 AM
 #59

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

Stop loss orders can be a bit tricky, because they don't guarantee our price is the stop loss target. In case of high volatility and limited active trading in your particular coin there can be a big gap between the price you wanted and the actual market price. When the coin drops below your stop loss your sale order is triggered, but it still requires someone to buy your coin. Also in case of a large number of stop loss orders there can be other people see their orders being filled first. That is why I am cautious in using stop loss in less actively traded markets. The risk of the stop loss being triggered in a big price drop is too high and could lead to a big loss if prices recover again. I would stick to using stop loss orders in very liquid markets and to make sure you constantly adjust the stop loss level to price movements.
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September 09, 2023, 04:48:18 PM
 #60

Stop loss orders are a risk management tool and can help protect your investments from significant losses. They are commonly used in volatile markets to minimize the impact of sudden price declines.

If you have specific questions about using stop loss orders or would like more information about them, please feel free to ask.
Since trading is very risky we need to make sure we use stop loses regularly or we might become a loser if the market spike up and could cover all our entire capital. Stop lose keep helping us to trade easily in the market without so much trouble and overcoming unnecessary loses.

The cryptocurrency market is very volatile and if we choose not to use a stop lose to trade in the market, we can suddenly end in loses creating a big lose if we enter the market with a big capital. We can only trade in the market easily when we are scalping because this does not really require a stop lose since we don't spend more than a minute in one trade. I'd we are unfortunate the market can go the contrary direction giving us loses.









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