Do we need to have a stop loss if we are 100% positive about a trade?

[Hamphser]

Is depends on your setup if your liquidation price is far enough and your are 100% confident that you will not be liquidated but if you are a risk taker going all in at 50x leverage with a very close liquidation then you need to use stoploss else goodluck to you, might get liquidated very quickly. About your question being 100% positive how can you say that? Looks like you are too confident market behavior changes from time to time be careful.  

Yes, there is no 100% confidence that the situation will move according to what we planned. it all depends on the assets being traded as well. if the asset being traded has very rapid market fluctuations, the use of a stop loss would be more advisable. especially for those who are used to using stop losses, I think those who have experienced difficult situations in the market will be more careful in determining their targets and trading decisions.

Unfortunately not that many newbies understand this, every single trade, every single purchase, all has a doubt, and if you feel like you trust it 100% then anyone who believes like that is a fool, they should never consider that at all.

We need to arrange something that would be a lot smarter and we need to make sure that we could make some good returns one way or another, that would allow everyone to get a better hang of things. I get that life is not all that confusing and we could have some trouble, but the reality is that we are going to end up with a bit of a doubt and that's a good thing, doubt makes sure you are on your toes and doing your best ,having full confidence means you will not be ready when something goes wrong.

It's better to be ready than sorry, if you keep on doing anything wrong then you would be ready to fix it right away or prevent it getting any worse. I hope that we could get to a point where people realize stop loss is a must.

If you are someone who do comes into a point that you are already wary about into those tools and indicators then it would really come naturally whether you should really be making use of stop loss or not basing up on the trade that you are currently dealing with. If you do see that it would really be relevant on having one then you should set it out but if its not and you dont like on getting liquidated or hitting up those SL's then you wouldnt really be making use of it. No one would really be forcing you to on what to do because it would really just that all matter on the things that you would really be doing.

You would really be seeing whether it would really be that relevant or not. For me then making use of SL would really be just that useful if you do make out some hedging or scalping
in shorter time frames but if you are that someone who do really love on engaging with swing or long trades then it wont really be that necessary.
because once it would triggered out or be touched upthen it would be ending up on realized loss comparing into those unrealized ones when you do have that negative.

[Bushdark]

Using stop lose is an essential tools for us yhabarr traders to prevent unnecessary loses. Trading is difficult and unpreventable so we have to use stop lose because there is no trade that is 100% sure or positive. We don't have to be dump as a trader, we need to be confident about the trades we take but that should not make us to be ignoranclt of what the market is capable of doing.
If we are not smart enough, we can keep incurring loses in the market and not know what could be the problem.

[gabbie2010]

Though for newbie traders I think it's better to use a Stop Loss to be on a safer side and to protect their account, however experience trader just like OP might not necessarily needed to use it, personally I use it occasionally because I have a virtual kind of Stop Loss that is I marked some zones on the chart if price goes against me and reach that zone I close the trade with a loss and move on thus I sat down to monitor all my trades, however in a case of going to bed or leaving the chart for another assignment definitely I placed my Stop Loss  to avoid liquidation of my account, moreso I do avoided using a tight Stop Loss this can be very risky due to high volatility of the prices.

[bhadz]

It's always recommended to use stop loss when you've got active trades even if you are 100% positive of the trade, why? because you are unsure of the market and it's 100% unpredictable. But if you have been trading for so long and it didn't helped you out and you have other strategies that works well to you without the use of stop loss, then forget about it and just stay to the typical strategy that you've been used to. There's no need for you to go along with stop loss, I hope that I can be like you though. 

[bocyaj]

Unfortunately not that many newbies understand this, every single trade, every single purchase, all has a doubt, and if you feel like you trust it 100% then anyone who believes like that is a fool, they should never consider that at all.

We need to arrange something that would be a lot smarter and we need to make sure that we could make some good returns one way or another, that would allow everyone to get a better hang of things. I get that life is not all that confusing and we could have some trouble, but the reality is that we are going to end up with a bit of a doubt and that's a good thing, doubt makes sure you are on your toes and doing your best ,having full confidence means you will not be ready when something goes wrong.

It's better to be ready than sorry, if you keep on doing anything wrong then you would be ready to fix it right away or prevent it getting any worse. I hope that we could get to a point where people realize stop loss is a must.

The trader should not do the random trade in the exchange,because some coin just listed in the reputed exchange to make the money and fly with your money.So it was essential for the traders to check the background of each and every project to make the good difference in the trading.Many people became a millionaire in the trading by choose to trade with some analytical skills.Some trader had made the trading and loss the money.Finally they was went away from the trading with the loss,if the trader was get away from the loss.Then the possibility of trader to get back to trading was very low.The confidence is essential for the trader to make some good money in the trading using the trading skills.

It's always recommended to use stop loss when you've got active trades even if you are 100% positive of the trade, why? because you are unsure of the market and it's 100% unpredictable. But if you have been trading for so long and it didn't helped you out and you have other strategies that works well to you without the use of stop loss, then forget about it and just stay to the typical strategy that you've been used to. There's no need for you to go along with stop loss, I hope that I can be like you though. 

The trader can use the stop loss option in the trading using the trading exchange help,So the trader can get away from the trading complete loss.The stop loss trading technique was used in the future trading in many exchanges,So the traders get away from complete loss in the future trading.

[bhadz]

It's always recommended to use stop loss when you've got active trades even if you are 100% positive of the trade, why? because you are unsure of the market and it's 100% unpredictable. But if you have been trading for so long and it didn't helped you out and you have other strategies that works well to you without the use of stop loss, then forget about it and just stay to the typical strategy that you've been used to. There's no need for you to go along with stop loss, I hope that I can be like you though. 

The trader can use the stop loss option in the trading using the trading exchange help,So the trader can get away from the trading complete loss.

A trader won't get away with complete loss, it's just a way for the trader to at least contain the damage that might be done to him for lessening the loss. But this is a good strategy when you're actively trading for you to understand how it goes with the market and if you're still profitable or not. Someone who's conscious with his trades is good to use this feature for him to avoid further losses.

The stop loss trading technique was used in the future trading in many exchanges,So the traders get away from complete loss in the future trading.

Mostly, this is being done to avoid getting liquidated but in any type of trade which it is possible to use, just use it for your own sake and preference because it automatically helps you avoid the biggest potential loss that you may have.

[Fara Chan]

Using stop lose is an essential tools for us yhabarr traders to prevent unnecessary loses. Trading is difficult and unpreventable so we have to use stop lose because there is no trade that is 100% sure or positive. We don't have to be dump as a trader, we need to be confident about the trades we take but that should not make us to be ignoranclt of what the market is capable of doing.
If we are not smart enough, we can keep incurring loses in the market and not know what could be the problem.

Any feature that can prevent us from experiencing losses actually needs to be used, because we as traders always target quite large profits by using any method as long as it can prevent us from experiencing losses. So the use of stop loss is not wrong for everyone to use, even if that person is very experienced in the market field and also in seeing current market trends, especially when buying cryptocurrency which is quite good.

[poodle63]

Using stop lose is an essential tools for us yhabarr traders to prevent unnecessary loses. Trading is difficult and unpreventable so we have to use stop lose because there is no trade that is 100% sure or positive. We don't have to be dump as a trader, we need to be confident about the trades we take but that should not make us to be ignoranclt of what the market is capable of doing.
If we are not smart enough, we can keep incurring loses in the market and not know what could be the problem.

Any feature that can prevent us from experiencing losses actually needs to be used, because we as traders always target quite large profits by using any method as long as it can prevent us from experiencing losses. So the use of stop loss is not wrong for everyone to use, even if that person is very experienced in the market field and also in seeing current market trends, especially when buying cryptocurrency which is quite good.

using stop loss never hurt, just set the stop loss lower if we are so sure with our trades to prevent anomaly from occurring such as the sudden dump that quite literally dumps the coin into a fraction of its value stop loss would help though surely our money aren't gonna spared that much but I guess it doesn't hurt to have some preventive measure, if the money a drained, we got some left that we can use to build our way up again in the future anyway.
regardless some people might judge stop loss as somewhat gimmick and just don't want to go into that extra steps of saving our own capital and add some measure but I guess those kind of people are quite rare.
Im sure many of us are setting stop loss just in case, things could go wrong with trading and if things go wrong gravely, it could quite literally turn our big fat saving into some empty wallet.
just use stop loss whenever you can and thats golden.

[wxa7115]

It's always recommended to use stop loss when you've got active trades even if you are 100% positive of the trade, why? because you are unsure of the market and it's 100% unpredictable. But if you have been trading for so long and it didn't helped you out and you have other strategies that works well to you without the use of stop loss, then forget about it and just stay to the typical strategy that you've been used to. There's no need for you to go along with stop loss, I hope that I can be like you though. 

I suppose there could be some traders that could make do without a stop loss, however they are a minority as you will have to monitor the market all the time and your level of experience will need to be very high to get away with it.

But the rest of the traders cannot really afford to even try, as if the market crashes when they were not giving it its full attention and they did not had a stop loss in place, those losses can wipe out months or even years of efforts.

[Barikui1]

I have been into trading for many years but I have never used stop-loss myself because I believe that stop-losses won't help a trader to improve his/her trading abilities. The stop-losses are something that will protect a trader from losing a lot of money in a trade but if a trader doesn't conquer the fear then that's the worst thing I guess.

I have won many trades and I've also lost many trades but I have never used a stop-loss for a single time and that has helped me as a trader to improve the areas that needed that improvement. I'm not really against stop-losses but I believe they can cause fear in the mind of a trader and the trader might not take risks if he/she fears about the losses that take place if the trades go wrong.

I would like to know that what you guys think about stop-losses, and how often you guys use stop-losses to avoid getting huge losses in your trades?

When trading it's very important that you manage your risk properly if you want to be successful, risk management is paramount if you want to be profitable, no trades is 100% certain, things can go against you very fast, when something like bad news again the asset you are trading, it can reverse and liquidate your fund instantly, In such situation, it's only proper risk management application ( stop loss and stop limit order) that can save your account.
So in all you do while trading, never forget to protect your capital, so that you can try again when you spot any opportunity in the future.