Tips to Follow traders/scalpers (who use Stop Loss)

[Silberman]

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

I do not see how anyone can be a good trader without using a stop loss, a stop loss is not really optional, I could understand if a trader had a wider stop loss as they were willing to take a higher risk on their trades and their accuracy on predicting the movements of the markets was higher than average, so it makes sense for you to stay away from them, however you are not being cautious enough as you should stay away completely from copy trading as well.

[1714870523]

1714870523

[1714870523]

1714870523

[1714870523]

1714870523

[Cookdata]

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

You will have plenty of recommendations but I kid you not, that will not do you any good because you will not go far in trading. The reason is this: traders have different views and opinions on the market, how trader A will want to make his trade will be different from how trader B will want to make his own and even you that you are trying to follow a particular trader that gives signal will probably have a another opinion too. When you copy a signal of a trade and along the line, the trader change his views, they might not share it with you leaving you in darkness and loss.

I have noticed another criminal things signal groups do most of the time, they can share you signals all your time with them but a day will come that they will share you pump and dump scheme that if you are not smart about it, you might fall for it. What they do is, they tell you to buy a particular coin or token in an X time and before then, they will have stashed their bags with that coin and as soon as you all buy the coin, they secretly dump it and move on leaving you guys with garbage tokens.

You might not learn something good about trading when you rely on signals when you are supposed to be learning it by yourself. The traders you want to follow-up are not magians, they used their time to learn, understand the market and trading and they are enjoying the benefits of it, you also need to do the same as I have seen you understand what stop loss is about.

[Latviand]

Avoid signal providers. I do not know of copy trading, but it is better as you follow the trades of people, unlike signal providers that you will follow nothing than the providers to find ways to earn money from you without them thinking of you winning or losing.

As for copy traders, I do not know much about it, but there is nothing that is better than learning trading yourself and use the amount of money that you can afford to lose to trade.

I can second that 1st advice, signal providers often only benefits those at the higher level of pecking order in that signal group so better off not be the reason that they're going to make more money, especially those that ask you to pay for their signals, heinous thing to do for them. Copy traders are a pretty good way that you can make money without the worry that you have to think too much about how you will trade because you're hitching on the success of the trader that you're copying and most copytrading features help you identify the best traders to copy so you needn't worry too much which one you should copy trade.

[tjtonmoy]

Don't do it. I say it again, don't do it. Never try to copy other people or follow what other people are doing if you don't have enough knowledge about it. Not every trader sharing their tradings on the platform are pro and not every pro trader only makes wins. When you follow others, you are not learning anything and if you make a loss, you can't blame any of them or ask for a refund. It was your mistake to follow them in the first place.

Make your own analysis and based on that you should learn how to use stop loss on your own. Just imagine you are copying other's work and one day they are gone. You have learned nothing by copying and when they are gone you are left with nothing. How will you plan to continue your journey? So it is better to learn it on your own. Even if it takes a lot of time, in the end you will be in the benefit.

[Bushdark]

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

When you are copy trading, it is very important for us to compare your portfolio to the person you are copy trading so that we can settle the differences between you both. Since the persom is not using stop lose, it is very important for us to use stop lose since your Capital might not be as big as the person's capital. It is very important for us to have good knowledge about trading when we are copy trading so that we can always adjust the way we trade and allow the trade to suit us compared to the actual oerisn we are copy trading their strategies.

[Rengga Jati]

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

They are definitely experienced players, meaning they are experienced traders who are used to it. There are several things that influence them not to use SL when trading. Because they are really active, and their strategy is to analyze the market. Indeed, this is quite risky if the market suddenly turns around quickly and they have to wait for the market to recover again. But of course they also have other tactics that can deal with this possible loss.

But when you follow their signals, is it possible that they will give you this second tactic? I think not many signal providers will give away all the secrets even to people who have paid them. So, this will still be detrimental to you, especially if you really don't really understand market analysis for trading, especially signals for future market trading. Wow, this will be very risky.

[OcTradism]

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

Use DCA and invest is easier for you and it's better for your capital. You will see your portfolio growth if you hold bitcoin and do DCA with time.

Today and coming months will be great time and chances for you to use DCA with Bitcoin and get profit. It's better to DCA in bear market and hold to wait for portfolio growth in a next bull run. The market started to warm up again with many good news about Bitcoin Spot ETFs.

If you are unsure about stop loss order, you can read One of best weapons in trading. Stop loss order can help you but you can use a better order type, Stop limit order.
What is a Stop-limit order?

[gabbie2010]

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

Trading without a stop loss put your portfolio at a risk of getting liquidated, those traders at bitget are very experienced that is probably why they traded without a stop loss they knew when to exit a trade when price reverses, I think you should aim for a higher timeframe trading signal provider where you can take a signal with a wide stop loss, however as it was mentioned it's very risky to follow signal provider service because it is not a guarantee to earn profit consistently, I advice you to take your time learn trading skills so as to acquire enough knowledge in the long run it would worth your efforts.

[Zigabel]

Trading without stop loss is a very risk way of trading and not advisable, it can aswell be considered not been professional enough because without stop losses, your risk are not pre-defined and this will make you panic trade because you are not aware of how much you are risking and you may aswell loose your portfolio if there's high volatility in the opposite direction with your trade.

Some of those traders who trade without stop losses actually gamble, because they will have unpredefined risk and eventually get some losses which they sometimes don't bring to the public. sometimes it's also not very safe using signal providers because some of these people trade with different strategy that may not be suitable with you, while they profit, it's possible you loose because you didn't apply certain patterns which they use, it much more better and safer you study and become your own signal provider.

[slaman29]

Trading without a stop loss put your portfolio at a risk of getting liquidated, those traders at bitget are very experienced that is probably why they traded without a stop loss they knew when to exit a trade when price reverses,

The thing is, believe it or not, majority of trades don't use limits (that means not just stop loss but limit order for buy and sell either).

People start trading and calling themselves scalpers or day traders but then, they act like long term traders, they think of targets, but they don't put it in as limits.

Experienced traders only use limits.

[Bushdark]

Trading without a stop loss put your portfolio at a risk of getting liquidated, those traders at bitget are very experienced that is probably why they traded without a stop loss they knew when to exit a trade when price reverses,

The thing is, believe it or not, majority of trades don't use limits (that means not just stop loss but limit order for buy and sell either).

People start trading and calling themselves scalpers or day traders but then, they act like long term traders, they think of targets, but they don't put it in as limits.

Experienced traders only use limits.

As a scalper it is a must for us to use stop lose or else we can end up losing big from the market. It is only position traders that don't use stop loses most time because they trade for a very long time. Position traders can be in the market for a very long time lasting upto 6 months or more. As a scalpers it is very important for us to stop trading without using a stop lose so that when we make loses we can be proud that we had a bad day than becoming greedy to the level of not using a stop lose which can prevent us from not making severe loses just like many traders in the market for long at learnt from the own mistakes.

[Hamza2424]

Trading without stop loss is a very risk way of trading and not advisable, it can aswell be considered not been professional enough because without stop losses, your risk are not pre-defined and this will make you panic trade because you are not aware of how much you are risking and you may aswell loose your portfolio if there's high volatility in the opposite direction with your trade.

Dear to some level I can agree with your point that trading is risky if you do not have proper stop loss and risk management, but the stop loss should not be random it should also be placed after a proper analysis and market scenario, even if you should consider the stop loss adjustment according to the market sentiments.

I have seen many new traders complaining about their stop loss that the market hit their stop loss price and bounced back, such type of cases happen when the stop loss is placed randomly, to make the stop losses more efficient a trader must focus on leaning about the market psychology to respond with market accordingly.

[Beparanf]

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

Afaik, Stop loss feature is available on your own settings when you copy trade someone. I’m using Bybit copy trade feature before and it allows me to setup my own stop loss percentage as default to all my copy trades as safety precautions on copying someone.

Also, Most of the professional trader that available on copy trade use stop loss with their trade. I believe you only saw high risk trader on Bitget that’s why they don’t use stop loss but pro trader always use stop loss. Don’t even bother copy someone that doesn’t use stop loss no matter how good his portfolio.

[Silberman]

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

Afaik, Stop loss feature is available on your own settings when you copy trade someone. I’m using Bybit copy trade feature before and it allows me to setup my own stop loss percentage as default to all my copy trades as safety precautions on copying someone.

Also, Most of the professional trader that available on copy trade use stop loss with their trade. I believe you only saw high risk trader on Bitget that’s why they don’t use stop loss but pro trader always use stop loss. Don’t even bother copy someone that doesn’t use stop loss no matter how good his portfolio.

When people are looking for traders they can copy on those platforms they often take a look at those that are producing the highest profits, and a trader that is not using a stop loss will most of the time be at the top of such list, since they are willing to take a higher risk and deal with the volatility of the market and this strategy can produce great results on the short term, however eventually a trader like that will make a bad trade and lose a great deal of money, but once this happens they have been replaced already at the top by other traders doing the same, which may cause more conservative traders to be ignored by those looking to copy them.

[kingvirtus09]

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

One of my friends who even introduced me to crypto is also a trader and scalper. But I haven't seen or communicated with him for a long time. But as a scalper, it seems he also often uses stop losses. Because he often tells me that it is important to always set a profit target and place a stop loss entry. Because fast-scale trading is usually carried out on trading pairs that have high volatility. Like coins with projects that are holding events or something like that. I personally am not a scalper. Because I once tried to become a Scalper but I didn't seem suitable or mentally ready. Because scalping looks easy, it turns out to be much more difficult than regular trading.

To be honest, it's hard to be a scalper if you're not sure about entering it. It's okay if you have deep experience here or extensive knowledge of crypto trading. There are also others who are newbies who are too eager to make a profit here in cryptocurrency.

Those who think it's a rich, quick scheme—that's not possible in the field of crypto space, actually. That's why others immediately join signal provider groups without even doing research on things like this. That's why there are usually many people who are fooled due to a lack of knowledge.

[Jatiluhung]

One of my friends who even introduced me to crypto is also a trader and scalper. But I haven't seen or communicated with him for a long time. But as a scalper, it seems he also often uses stop losses. Because he often tells me that it is important to always set a profit target and place a stop loss entry. Because fast-scale trading is usually carried out on trading pairs that have high volatility. Like coins with projects that are holding events or something like that. I personally am not a scalper. Because I once tried to become a Scalper but I didn't seem suitable or mentally ready. Because scalping looks easy, it turns out to be much more difficult than regular trading.

To be honest, it's hard to be a scalper if you're not sure about entering it. It's okay if you have deep experience here or extensive knowledge of crypto trading. There are also others who are newbies who are too eager to make a profit here in cryptocurrency.

Those who think it's a rich, quick scheme—that's not possible in the field of crypto space, actually. That's why others immediately join signal provider groups without even doing research on things like this. That's why there are usually many people who are fooled due to a lack of knowledge.

But what sometimes makes me pity beginners who are in a hurry to make quick profits is that sometimes they scalp with all the capital they have. The point is that some of them don't even share their capital. They do not divide their capital as most of it is for long-term, medium-term investments and the rest is for short-term investments such as becoming a day trader or even a scalper. But they sometimes put it all in on a quick trade. Which makes them more risky in trading. But the crux of the problem is that from an emotional or psychological perspective, those who just want a get-rich-quick scheme. or a quick profit scheme. They make trading like gambling. However, these two things must be distinguished. Well trading is for business and financial growth, while gambling is just for fun.

But many beginners eventually become experts after they learn from experience. Sometimes experience in trading will not immediately produce profits. But if we continue to learn then getting benefits will be much easier to obtain.

[slaman29]

Experienced traders only use limits.

As a scalper it is a must for us to use stop lose or else we can end up losing big from the market. It is only position traders that don't use stop loses most time because they trade for a very long time. Position traders can be in the market for a very long time lasting upto 6 months or more. As a scalpers it is very important for us to stop trading without using a stop lose so that when we make loses we can be proud that we had a bad day than becoming greedy to the level of not using a stop lose which can prevent us from not making severe loses just like many traders in the market for long at learnt from the own mistakes.

The funny thing I mentioned is that you use limits as a rule, no matter wht kind of trader you are. Even long-term people set max limits for TP and max limits for loss.

You're still discussing that scalpers "must" and how important it is. Experienced traders know this is non-negotiable

The fact most people discuss importance as if it's optional says a lot about the amateur mentality of most crypto traders.

[kentrolla]

We are discussing two things here one is copy trading, even I have not seen any copy traders having stop loss because it will be recorded against their name as a lose which will hamper their profile, for example you will see copy traders they would be running the algo for over an year and so but they never use stop loss and it makes sense because let's say they are trading with $100 and let's see they have a risk margin of 20% then stop loss will be applied at $80, but if they don't apply stop loss then the asset will lie in their wallet until the sell price hits and there is very rare chance of coin going zero unless it goes bankrupt.

I have intentionally ignored to mention anything about signal providers as they are the most widely used scam where someone who have limited knowledge about crypto recommends us on what to buy and sell.

[Woodie]

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

As much as we try to avoid losing money by following other traders who have been trading for several years as a way to make some money, I wouldn't advice going through this route as it's a waste of money and if they lose you lose but they still get paid.. meaning you are more exposed to risk!

Let's invest some time to learn the skill and trade on our own.

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

If you don't over leverage your account, you can take somedraw as sometimes the markets are after those stop losses which is called liquidity in other circles, so trading without a stop loss can sometimes be rewarding.

[gunhell16]

We are discussing two things here one is copy trading, even I have not seen any copy traders having stop loss because it will be recorded against their name as a lose which will hamper their profile, for example you will see copy traders they would be running the algo for over an year and so but they never use stop loss and it makes sense because let's say they are trading with $100 and let's see they have a risk margin of 20% then stop loss will be applied at $80, but if they don't apply stop loss then the asset will lie in their wallet until the sell price hits and there is very rare chance of coin going zero unless it goes bankrupt.

I have intentionally ignored to mention anything about signal providers as they are the most widely used scam where someone who have limited knowledge about crypto recommends us on what to buy and sell.

If you are not really aware of the signal providers, you will really fall into their traps, thinking that you will have an opportunity to earn cryptocurrency. So extra caution and wisdom are needed in such instances.

Now, in copy trading, I have not seen any ads here that promote influencers who say that they can make money from copy trading and that even if you don't know how, you can make money. say such things because they are paid.

Then another thing: copy trading has a paring risk that can be given to any investor here in truth if they only find out about it.