Stop loss ?

[stomachgrowls]

how do you use a stoploss

Tons of videos that i do saw about how to use stop loss specially on crypto.
These are the only ones i do see for me to easy to understand (for me).

https://www.youtube.com/watch?v=v3qqpN4mAr4
https://www.youtube.com/watch?v=g1TQpE6Y-Pw

Yeah, same person but different timeframe but the same topic. Stop loss would be that only relevant if you are really that making some price action or day trading
kind of path when it comes to trading on which it will be needed for you to set SL's if specially you are dealing with futures or higher leverage
or even on typical spot position, you will be finding this to be relevant.

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[ItsCrafty]

Stop loss is using due to your brain strategies for example if you are thinking that your buying coin will not chase the target price so you can use stoploss actually the stop loss is using due to save from big loss just use the stop loss where you can save your self from loss I many time use stoploss but some time they ruin the stop loss because from market situation but now market is good

[fauzan Ichsan]

stoploss is used to anticipate a reversal of the market reaction, its use is in accordance with the analysis that we believe in, I usually look for support or resistance as a defense area, and don't forget to give it a distance, because often the market just grabs the stoploss and returns according to our analysis path, so from Of course, many people feel like they are being manipulated by the market

[Rehan Zakir]

Yes. I think stop loss is a very necessary thing in trading. Before 4 years, I don't use a stop loss or even don't know about stop loss. My whole account is liquidated because of high leverage. And I feel imbrassed because I lost all my money in a single trade.
And this thing realize me about the importance of stop loss.

[Timmzzy]

Maybe at least tell us what platform so we can help you? Because It'll totally depend on the exchange you're using. And chances are, whatever platform you're using has an article on how to use their stop-loss function so you're better off Google-ing it first.

To what I see yeah, this O.P basically knows how to use stop loss, let's say he wanna get the attention of members and probably boost up his activities in the forum, which is not a bad idea to me but the o.p asking the question should elaborate the topic more than just throwing a question at us.

[justdimin]

The use of stop loss is generally used to limit the level of loss that will be accepted, usually stop loss is closely related to futures trading. Because of the high level of risk in this market, it is not surprising if losses occur that cause the balance to run out. Stop loss is intended as a loss limiter, we can freely determine the loss limit that we will receive if the market moves not in accordance with our trading position. Usually we will set a stop loss with a loss of funds that is afford to lose.

The amount set in stop loss is the amount that we accept we will lose, just in case our trades didn't go well or the price didn't go as we expected. Stop loss is only just a feature or a tool in trading but futures trading is another variation of trading, so both are not the same or related to each other.

The market itself is only unpredictable but the risk intensity will only depend on what we do. Well if we do trading, especially the futures one, then there is no doubt that the risk is greater than if we will only do a long-term investing. Other than using a stop loss and setting it on a moderate level, it is also better to use funds which we can afford to lose easily.

[lombok]

The use of stop loss is generally used to limit the level of loss that will be accepted, usually stop loss is closely related to futures trading. Because of the high level of risk in this market, it is not surprising if losses occur that cause the balance to run out. Stop loss is intended as a loss limiter, we can freely determine the loss limit that we will receive if the market moves not in accordance with our trading position. Usually we will set a stop loss with a loss of funds that is afford to lose.

The amount set in stop loss is the amount that we accept we will lose, just in case our trades didn't go well or the price didn't go as we expected. Stop loss is only just a feature or a tool in trading but futures trading is another variation of trading, so both are not the same or related to each other.

The market itself is only unpredictable but the risk intensity will only depend on what we do. Well if we do trading, especially the futures one, then there is no doubt that the risk is greater than if we will only do a long-term investing. Other than using a stop loss and setting it on a moderate level, it is also better to use funds which we can afford to lose easily.

Yes that's right. This is directly related to money management trading. If we use a stop loss but our margin and leverage in one trading position are large, it's the same as lying, especially if we trade without prior analysis and just enter, I think in this case the stop loss functions as a loss-making tool. However, this is different from if we carry out an in-depth analysis before trading, plus minimizing the amount of margin and leverage, for example the margin used is around 5% of the total capital and the leverage is 2x - 3x, then the stop loss can work perfectly. When placing a stop loss, you must also pay attention to the levels of Bitcoin price movement, so that if a price movement occurs it does not trigger a stop loss which in fact, the price direction is still in a continuing trend according to the analysis plan (perhaps using Fibo can help in determining the stop loss point)

[syedakhlaque]

If you are dealing in Bitcoin or Cryptocurrency. So it is impossible for you to avoid risk. In any business there is a possibility of loss. However, this loss can be reduced by various measures and by adopting a cautious attitude. You have to come out of grease for long short.Another way to avoid and minimize losses is to implement a phased approach to the business. And keep some capital for your future business. So that you don't face a severe loss. However, it is impossible to avoid losses completely.

[Xampeuu]

The use of stop loss is generally used to limit the level of loss that will be accepted, usually stop loss is closely related to futures trading. Because of the high level of risk in this market, it is not surprising if losses occur that cause the balance to run out. Stop loss is intended as a loss limiter, we can freely determine the loss limit that we will receive if the market moves not in accordance with our trading position. Usually we will set a stop loss with a loss of funds that is afford to lose.

The amount set in stop loss is the amount that we accept we will lose, just in case our trades didn't go well or the price didn't go as we expected. Stop loss is only just a feature or a tool in trading but futures trading is another variation of trading, so both are not the same or related to each other.

The market itself is only unpredictable but the risk intensity will only depend on what we do. Well if we do trading, especially the futures one, then there is no doubt that the risk is greater than if we will only do a long-term investing. Other than using a stop loss and setting it on a moderate level, it is also better to use funds which we can afford to lose easily.

Yes that's right. This is directly related to money management trading. If we use a stop loss but our margin and leverage in one trading position are large, it's the same as lying, especially if we trade without prior analysis and just enter, I think in this case the stop loss functions as a loss-making tool. However, this is different from if we carry out an in-depth analysis before trading, plus minimizing the amount of margin and leverage, for example the margin used is around 5% of the total capital and the leverage is 2x - 3x, then the stop loss can work perfectly. When placing a stop loss, you must also pay attention to the levels of Bitcoin price movement, so that if a price movement occurs it does not trigger a stop loss which in fact, the price direction is still in a continuing trend according to the analysis plan (perhaps using Fibo can help in determining the stop loss point)

Stoploss actually limits us from giving the opportunity to trade again at another opportunity, because by cutting losses, we still have capital to make the next transaction. and keep in mind that there will be many more trading opportunities to be found. indeed logically we can take a stop loss risk of 5%, so if we experience consecutive mistakes for 20X then we run out of funds, and of course 20X is a lot of opportunity, in this way the possibility of running out of capital becomes smaller

[doomloop]

how do you use a stoploss

That's a very raw question because stop-loss isn't the same in all the exchanges and some don't even have that option at all.

If you are asking should I use stop-loss?
I would say yes because the market swings wildly and you better have some safety in place.

Are you asking what is stop-loss?
Well, in simple words, a safety in place if things go south. For example, if you have a coin that overnight gets zeroes, you can set a stop loss price, at which it will get sold out.

[JunaidAzizi]

how do you use a stop loss

Stop loss is a very effective and profitable tool most used by every trader, whether he is a beginner or a professional because there are no harmful effects of stop loss but instead there are many benefits of using it. Stop loss is like a barrier that you set for something to not contain and restrict it from the area.  Let me explain it through an example,  When you are going to trade for 100$ and you know that the price will go up to 170$ and you don't want any loss if the price goes down,  so you can set your stop loss on 100$,  so if the price goes down and reach to that limit it to automatically stop the trading and will save your find from further loss. 

[goaldigger]

how do you use a stoploss

You can just set-up this every time you trade and know if this feature is available in the platform you are using or you can just do this manually. Having the stoploss strategy can prevent you from losing that much and this is really advisable for every trader so don’t trade without having this. Even if you do long term trade make sure to still have this one and don’t be greedy, you might get trap if you didn’t follow your stoploss level.

[Assface16678]

Maybe at least tell us what platform so we can help you? Because It'll totally depend on the exchange you're using. And chances are, whatever platform you're using has an article on how to use their stop-loss function so you're better off Google-ing it first.

To what I see yeah, this O.P basically knows how to use stop loss, let's say he wanna get the attention of members and probably boost up his activities in the forum, which is not a bad idea to me but the o.p asking the question should elaborate the topic more than just throwing a question at us.

True, if you look into his profile, you will see most of his created topics only consist of 1 sentence and a direct question, but the thing is, they lack information. At least he provides information on what platform he is using so we can say how to set up a stop loss elaborately. Anyway, setting up a stop loss is easy. When you are about to open a trade on some trading platforms, the stop loss and take profit are usually at the bottom of the screen, and they are side by side. Setting up stop loss and take profit should be calculated because you can't set up a stop loss and take profit with a big difference or huge gap. Also,  setting up a stop loss is not always necessary in trade. If you are a short-term trader, then it is unnecessary to use a stop loss, but it depends on the trader, of course.

[cute nmp]

Sure we all need stop loss when it comes to trading .I remember when my account was blown away in a few minutes during the BTC dump in 2021 at that time i was a newbie in trading don't know the importance of stop loss or how to protect my capital at all. From that time i learn the concept of stop loss and apply it to all my trades now to secure my capital.

[TelolettOm]

how do you use a stoploss

The way to use stop loss is actually probably almost the same from one exchange to another. However, to be more clear, you can read articles from the exchange you use so that your practice and understanding can be more specific. In this case, there are several ways to use SL or CL. Now what you need to pay attention to is your ability to analyze the market, how far the market will move and the possibility that it will not match expectations. So we can predict at what rate we should install SL, or in what percentage we should take into account. Because it's not as easy as just putting numbers on the SL.

[AnonBitCoiner]

The price of market continuously pumps and dumps therefore setting of stop loss can help to decrease your losses as if you set some order then you will not see more dump than settled value. Sometimes you don't know that what you have to do because you don't have any idea about market condition so in such situations only stop loss can help you to reduces your losses otherwise your coin will go to zero worth and you will loss all your money.

Short term traders often uses stop losses as nobody wants to loss whole part of their money but those who are new to market will have no idea of stop loss setting therefore it is must to know all the things about trading before Initiation.

[goldkingcoiner]

how do you use a stoploss

A stop loss is a trading function which can be used to automatically sell your crypto/stock when the current price goes beyond a certain number. Traders use this to manage the risk of unexpected price movements. Basically it does as it sounds: "stops loss".

But I have found that stop loss is not worth it in most cases, in the world of cryptocurrency. Because cryptocurrencies are just too volatile. You will just be losing money if you put stop losses without a big enough spread, because even Bitcoin can go up/down 10%+ in a matter of minutes....

[Bravut]

Stop loss is used to reduce or limit your loss on a trade,but it most be align with your risk appetite that means you risk what you can afford.
It is mostly placed on the ERL or below the OB or from a zone price react.
Stop loss is a good practice..

[Oneandpure]

Using stoploss depends on you risk to reward ratio.
If you have a risk to reward ratio of 1:3, then you need to place your stoploss at a distance that corresponds to one-third of the potential profit target,
this will be profitable because your risk exposure is limited while allowing the trade sufficient room for price fluctuations within that established risk parameters.most people lose in trading because they don't follow their plan trade according to their risk to reward ratio. and trade emotionally which cause them to close many trades without gaining significant profit.

I like with stop loss feature and my limitation using stop loss when coins dropping under 20%, its not much problem for me have losses 20% of my capital because I can buy back with lower price and get recovery with my losses as soon possible. Long term holding some time not profitable yet exactly for short term holding, if not use stop loss get more longer time need waiting with our capital recovery but stop loss can be alternative how faster recovery with our capital.

Many trader get difficult choose have to stop loss exactly the current coins price drop drastically, I think difference when using stop loss under 20% and coins up recovery still has chance get faster or potential earn much profitable than keep hold it.

[tvplus006]

...This is why I don't like trading, I let it lose if I'm holding because eventually it's going to recover without doing anything and no need to be pressured by the market.

Not all coins recover in price to the level at which they were bought, and there are plenty of examples of this. And for other coins, you have to wait several years for the price to return to its previous value. So in my opinion, it is better to sell and buy at a reduced price than just expect another bull run.