Bitcoin Forum
May 06, 2024, 03:41:31 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: Stop loss  (Read 624 times)
AnonBitCoiner
Sr. Member
****
Offline Offline

Activity: 1386
Merit: 326


Eloncoin.org - Mars, here we come!


View Profile WWW
September 21, 2023, 04:56:51 PM
 #61

Stop loss in trading is very useful but major concern is how to use it properly. As for me i have most of the time bad experience with stop loss and i missed very good profit because of the stoploss. The coins sky rocket after hitting my stoploss and this happen with me many times so it force me to ignore the use kf stoploss but sometimes it save me from big loss too. I remembered that when btc crashed from 42k to 30k I was holding some altcoins in the Binance and set stoploss due to which I didn't lost big.

I think we should use stop loss with more than 30% loss because small volatility is possible everytime and sometimes btc just dump and then sudden pump to liquidate future traders and this sudden change in btc price leads to 20%-25% volatility in the altcoins price. If we put stoploss less than 20% than chances of losing is high. This strategy is for altcoins and for btc big changes in price are very rare



 

 

 

 

 

 


▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715010091
Hero Member
*
Offline Offline

Posts: 1715010091

View Profile Personal Message (Offline)

Ignore
1715010091
Reply with quote  #2

1715010091
Report to moderator
1715010091
Hero Member
*
Offline Offline

Posts: 1715010091

View Profile Personal Message (Offline)

Ignore
1715010091
Reply with quote  #2

1715010091
Report to moderator
Wapfika
Hero Member
*****
Offline Offline

Activity: 1260
Merit: 560


Bitcoin makes the world go 🔃


View Profile
September 21, 2023, 05:01:24 PM
 #62

I think we should use stop loss with more than 30% loss because small volatility is possible everytime and sometimes btc just dump and then sudden pump to liquidate future traders and this sudden change in btc price leads to 20%-25% volatility in the altcoins price. If we put stoploss less than 20% than chances of losing is high. This strategy is for altcoins and for btc big changes in price are very rare

You should not only rely on the percentage of your loss but rather on the price positions you will setup. Ideally, you should put your stop loss at price near the support and resistance which can see on the chart candles.

This is the reason why you always experience bad trading since you are using percentage on loss as sole basis for your stop loss price without considering the price position. You will always triggered stop loss if you are opening position away from support and resistance while setting your stop loss in the middle because the price usually don’t stop on insignificant price level which is the middle of high and low.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
crwth
Copper Member
Legendary
*
Offline Offline

Activity: 2758
Merit: 1251


Try Gunbot for a month go to -> https://gunbot.ph


View Profile WWW
September 21, 2023, 05:02:28 PM
 #63

Your question is quite confusing. These are my takes.

What you said = "pushed down a little bit"
  • The stop loss adjusted down and then when it reached, it gave you more losses
  • The stop loss was reached without any movement of the stop loss but still gave you losses

So what is it OP? Both things could've happened but the first one is more unlikely because of the unexpected movement of a stop loss. It's either you have dynamic wise or you've been hacked or something but still, it wouldn't move by itself.

Basically, the reason that you lost is that the price just reached, and unfortunate for you because it hit your SL. That's volatility.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
2double0
Legendary
*
Offline Offline

Activity: 2618
Merit: 1105


View Profile
September 21, 2023, 06:29:08 PM
 #64

That is called slippage as far as I know.
If any asset goes into dangerous volatility, then the spread becomes bigger and due to it, if it goes near your SL with a big wick, then if the orders kept there are not met at the net price that we put and the price slips down and we suffer bigger loss than our expected final loss.
Bushdark
Sr. Member
****
Offline Offline

Activity: 882
Merit: 262


Eloncoin.org - Mars, here we come!


View Profile
September 21, 2023, 07:00:22 PM
 #65

That is called slippage as far as I know.
If any asset goes into dangerous volatility, then the spread becomes bigger and due to it, if it goes near your SL with a big wick, then if the orders kept there are not met at the net price that we put and the price slips down and we suffer bigger loss than our expected final loss.
We need to look at slippage whenever we trade in the market and it is very good for us to trade with high Capital and using a small lot size when we enter the market. Sometimes it is greed that do make some trade to enter the market with small capital and use lot size that is not suitable for there Trading.

 Trading need to be very skill and market conscious or else things might goes wrong and it will lead to loses. We can incur loses in the market but we need to make sure that we make good plan and analyse the market before we ever think of going to trade with to earn profits. Stop lose is good when we trade but it is also important if we know how to use it appropriately.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
Cryptoababe
Member
**
Offline Offline

Activity: 707
Merit: 18

Do it For Better Humanity


View Profile
September 21, 2023, 11:56:20 PM
 #66

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

Seems you set it like that. Or maybe that depends on the trading tool you are using. Cos ive not seen where stoploss can go down or be pushed down without your authority
palle11
Sr. Member
****
Offline Offline

Activity: 2310
Merit: 332


View Profile
September 22, 2023, 01:34:29 PM
 #67

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.

To monitor the market after you have set your stop loss for the purpose of checking if volatility will push it down is just a waste of time because that doesn't happen all the time and I doubt that was the reason for op's complaint. He may have been the one that set the stop loss there but now he forgot. But except the market was manipulated but if that is not so, a reason could be maybe the volatility caused the spread to increase thereby reaching his stop loss faster but not that it was shifted which I doubt.
bitgolden
Legendary
*
Offline Offline

Activity: 2800
Merit: 1128


Leading Crypto Sports Betting & Casino Platform


View Profile
September 23, 2023, 05:23:45 PM
 #68

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.
To monitor the market after you have set your stop loss for the purpose of checking if volatility will push it down is just a waste of time because that doesn't happen all the time and I doubt that was the reason for op's complaint. He may have been the one that set the stop loss there but now he forgot. But except the market was manipulated but if that is not so, a reason could be maybe the volatility caused the spread to increase thereby reaching his stop loss faster but not that it was shifted which I doubt.
I would guess that it is definitely not profitable to keep checking because you may end up making a difference on the long run, it shouldn't really have that much of a change on the long run. I believe that we are going to end up with something that would make sense one way or another, and should be something that we could end up with on the long run.

I hope that we could make the changes soon enough, and that shouldn't really be a problem for us if we just ignore all the movements and just let it be. If we have stop loss, that means if it goes down stop loss will sell it for us anyway, if it goes up then we do not have to keep checking it, we are already on the profit anyway. So we should try to ignore it as much as we can.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Inwestour
Hero Member
*****
Offline Offline

Activity: 994
Merit: 947



View Profile
September 23, 2023, 06:08:38 PM
 #69

I would guess that it is definitely not profitable to keep checking because you may end up making a difference on the long run, it shouldn't really have that much of a change on the long run. I believe that we are going to end up with something that would make sense one way or another, and should be something that we could end up with on the long run.

I hope that we could make the changes soon enough, and that shouldn't really be a problem for us if we just ignore all the movements and just let it be. If we have stop loss, that means if it goes down stop loss will sell it for us anyway, if it goes up then we do not have to keep checking it, we are already on the profit anyway. So we should try to ignore it as much as we can.
Stop Loss is needed to minimize our losses, because without it we can lose much more, and we cannot leave this to chance, we must adhere to risk management. We can also raise stop loss as the price rises to lock in profits if the market turns around and starts to fall. Sometimes a series of losing trades may follow, we cannot be immune from this, it is part of trading. Otherwise, we must control our every step in trading to avoid large losses.

I know that there are traders who trade without a stop, because they believe that in this way money can be taken from them, but it seems to me that if we neglect this rule, the danger increases very significantly, that if there is a big collapse in the market, who will not be able to recover for a long time? You will need to become a holder or record losses.
armanda90
Hero Member
*****
Offline Offline

Activity: 994
Merit: 552



View Profile
September 23, 2023, 07:14:48 PM
 #70

Stop Loss is needed to minimize our losses, because without it we can lose much more, and we cannot leave this to chance, we must adhere to risk management. We can also raise stop loss as the price rises to lock in profits if the market turns around and starts to fall. Sometimes a series of losing trades may follow, we cannot be immune from this, it is part of trading. Otherwise, we must control our every step in trading to avoid large losses.

I know that there are traders who trade without a stop, because they believe that in this way money can be taken from them, but it seems to me that if we neglect this rule, the danger increases very significantly, that if there is a big collapse in the market, who will not be able to recover for a long time? You will need to become a holder or record losses.
Right, function of stop loss for minimizing our losses when outside controlling with some altcoin or bitcoin price suddenly drop, but not all trader want loss few percent by adapting with stop loss and prefer waiting price recovery and need moment for taking profit later. Actually is not fatal mistake when adopting with stop loss, we can recovery with how many percent loss later after reinvesting in lower price and selling after raising or recovering our loss.
Depend on holding and need longer time how to get back recovery price up better use stop loss and buy back with lower price, some stop loss feature some time not working with future trading and many cases happening liquidation after stop loss can't anticipation after have touch with stop loss set up price.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
ScamViruS
Hero Member
*****
Offline Offline

Activity: 1750
Merit: 720


Top Crypto Casino


View Profile WWW
September 23, 2023, 07:30:16 PM
 #71

That is called slippage as far as I know.
If any asset goes into dangerous volatility, then the spread becomes bigger and due to it, if it goes near your SL with a big wick, then if the orders kept there are not met at the net price that we put and the price slips down and we suffer bigger loss than our expected final loss.
When the market has extreme levels of volatility, stoplosses cannot protect against losses due to lack of liquidity. Even after I set my stoploss while trading, my stoploss did not trigger at my expected price due to the extreme volatility of the market, which made me realize that I had suffered a huge loss after further dips in the market. So from there I realized that even stoploss can't save traders from losses at times, which is a good move to avoid bottom selling by manually trading when there is volatility in the market.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
tvplus006
Legendary
*
Offline Offline

Activity: 2296
Merit: 1655


To the Moon


View Profile WWW
September 23, 2023, 10:10:52 PM
 #72

...When the market has extreme levels of volatility, stoplosses cannot protect against losses due to lack of liquidity. Even after I set my stoploss while trading, my stoploss did not trigger at my expected price due to the extreme volatility of the market, which made me realize that I had suffered a huge loss after further dips in the market. So from there I realized that even stoploss can't save traders from losses at times, which is a good move to avoid bottom selling by manually trading when there is volatility in the market.

In most cases, this happens on small exchanges where there is insufficient liquidity. I almost regularly have this happening on the Bitget exchange, but I must say this has never happened on the Binance exchange. So, despite the fud around Binance, it is still the best exchange to trade.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
terrific
Hero Member
*****
Offline Offline

Activity: 2128
Merit: 506


#SWGT PRE-SALE IS LIVE


View Profile
September 23, 2023, 10:41:46 PM
 #73

Actually is not fatal mistake when adopting with stop loss, we can recovery with how many percent loss later after reinvesting in lower price and selling after raising or recovering our loss.
That's available for the others but those that don't want to make a redeposit so that they can add more quantity to the tokens or coins that they're about to trade, they won't do that.
They will wait until the recovery has come for the price and that's how they're going to make their own trades. Likely, it's just going to be a little bit enough for them and if there's a little profit margin, they'll take that instead of the losses.


.SWG.io.













..Pre-Sale is LIVE at $0.15..







..Buy Now..







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
..CONFIRMED..






ScamViruS
Hero Member
*****
Offline Offline

Activity: 1750
Merit: 720


Top Crypto Casino


View Profile WWW
September 24, 2023, 08:00:31 PM
 #74

...When the market has extreme levels of volatility, stoplosses cannot protect against losses due to lack of liquidity. Even after I set my stoploss while trading, my stoploss did not trigger at my expected price due to the extreme volatility of the market, which made me realize that I had suffered a huge loss after further dips in the market. So from there I realized that even stoploss can't save traders from losses at times, which is a good move to avoid bottom selling by manually trading when there is volatility in the market.

In most cases, this happens on small exchanges where there is insufficient liquidity. I almost regularly have this happening on the Bitget exchange, but I must say this has never happened on the Binance exchange. So, despite the fud around Binance, it is still the best exchange to trade.

It is true that traders in smaller exchanges always face this problem, because the liquidity in those exchanges is very low which makes it easy for whale traders to trap small traders. However, many times traders have to face such problems even in big exchanges, but the number is less, when the market is very unstable, all the exchanges face liquidity crisis, as a result of which the stoploss trigger is delayed in those exchanges and the traders face losses. Binance is currently going through many crises, time will tell whether such activities will increase within Binance as well or not in the coming days.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Usasauki2004
Jr. Member
*
Offline Offline

Activity: 42
Merit: 1


View Profile
October 04, 2023, 09:59:58 PM
 #75

Have seen cases where some traders don't use stop loss I just laughed. Stop loss is a key when it comes to trading because it minimize the loss. Without stop loss, trades taken are porous because you can never tell where the market might find the possible support or resistance (either on a buy or sell).
It's a good thing to adhere to use of stop loss, make it a habit if possible because is a necessity as far as am concern and at the same time the experience I have. Just imagine your trades doesn't have stop loss and there's fundamental news. A huge blow because market tends to be more volatile.
Timmzzy
Member
**
Offline Offline

Activity: 784
Merit: 34

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc


View Profile
October 04, 2023, 10:56:17 PM
 #76

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

According to some post I have come across so far, the Market makers are there to make money by hitting stops, and most likely our brokers are also involved in this too, they manipulate even if you place it away from price action they still can see it. These made me at times it's better to cut my losses than Use stops.

▀██▀ ▀▀▀▀▀  ▄██████████▀          T O N U P          ▀██████████▄ ▀▀▀▀▀  ▀██▀
THE ULTIMATE LAUNCHPAD ON TON CHAIN
▀████▄     [      Twitter      ]    [    Telegram    ]    [     Medium     ]     ▄████▀
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!