It will save your capital more than you can imagine

[kojektea]

Simply put, this is the science of capital and risk management. you are right this is necessary. It's just that before that, I believe we must first learn to control our emotions, this is even more important because with controlled emotions our decisions will definitely be very wise. we become less anxious about taking any risks. We can always accept the results, usually this method is successful in achieving profits according to the target, this depends on how we can control it all. Be careful with greed, it is very dangerous for our assets.

[Altryist]

Learn to cut your loss, yes I mean it, the are so many rules and skills in trading which in other to succeed in trading you must utilize to the maximum, and one one them is learn to cut your loss if it's obvious that holding your position will do more harm tham good.
Most traders have fail to understand that in trading it's very important to keep your ego aside and admit when you are wrong, cut your loss early so that you can try again .
I have seen so many traders watch there their position run into liquidation because they were stubborn or they believe that it can still reverse to their favour, when it obvious that their is no hope.

In my early days in trading I have my own terrible experience of failing to cut my loss early because I believe that their is still hope, but I learned the hard way when I got liquidated.
You wouldn't know how important this decision is, until you have been liquidated.
Learn to admit that you are wrong, cut your loss, restrategize and have a go at it again.

If a trader relies only on luck or something similar in trading and does not act on the market, then liquidation is only a matter of time. Beginner traders should start with spot trading, but even this will not save you from mistakes if you just rely on luck. There will be bad trades in trading, no one can avoid this, but you are right that you need to avoid big losses, it is better to exit early with small losses than to be stuck in a trade for a long time and miss out on many other profitable trades.

[the rise]

Saving capital from trading seems impossible. this is trade. If you have a lot of capital, the profits you get will also be greater. This applies to all of us traders. I think it is more appropriate to say reduce the risk of loss in the title of this thread. OK, if it's a risk then of course you have to experience it and how each person handles it is different. So there's no need to worry because we will all definitely find it with the many experiences we have.

[michellee]

If you want to cut your losses, you can use the stop loss feature on the exchange. That will prevent your losses and you can start trading again. Yes, it can save your capital so you don't experience big losses.

Stop loss is often used in futures trading to avoid losses. But stop loss is also used in spot trading so you don't have to wait for the price to decline before you close the trade with a big loss.

But usually, what causes traders to experience losses is that they are often late in closing their trades when they have already made a profit. They think the price can continue to rise higher even though the price can quickly reverse direction. And that causes them not to make a profit and instead suffer a loss.

[death69]

Cut losses like strategic war retreats. Not defeat, but wisdom. I've seen traders stick to lost positions, hope blinding them. Like gambling, right? The hope that the folowing roll will change fortunes. Trading is a contest of wits and strategy, not a casino. You share many experiences, including mine. Holding onto a failing trade against hope is risky. Trading requires respect, prudence, and a clear brain, like any high-stakes game. Knowing when to fold, regroup, and recover is key. Basically, we must be brutally honest with ourselves. Admitting we're wrong is sensible and necessary for market survival. Humitity and smart thinking distinguish great traders.

[kentrolla]

I agree as it looks like the same mistake I have made in the past, especially when we see our trade is losing but still we just see it liquidating just because either our ego or emotions takes the lead as instead of losing a percentage of our capital we end up liquidating everything. But, experts don't make this mistake they set SL and TP and adhere to their protocols that's why they cut down on losses.

But we need to select the right coins because trading is not for all because of one choose to leverage with shit coins or coins like USTC or LUNC then regardless of strategy they can lose everything in a blink

[suzanne5223]

Stop loss is not always the answer to everything in trading when it comes to saving one's capital or investment because the type of cryptocurrency and the type of trading you choose for your trading are also important cause they are what will determine your decision.

There are  situations whereby the moment the trader chooses to stop loss or close the deal is when the market will reverse.

That's very true especially if the "trader" chooses to trade low-liquidity shitcoins. The usual situation that happens is, it goes down to your stop-loss, you close the trade, then it surges 3x mere moments later leaving you with a loss and a lot of frustration.

There's probably only 50% of the 10% of profitable traders that truly make money consistently to be a semi-professional bedroom trader. Some of us either become part of the 10% ourselves or lose all of our money.

I agree with what was said about the majority of us being among the 10% and I believe the reason is that crypto traders are involved trader trading against the rich and smartest people in the world. This is why I placed a high priority on the crypto I choose to deal with, the type of trading choose, and the trading platform I use since the market is full of ups and downs. The best practice will always be going for things that already minimize the chance of making losses.
Another thing I do is that I don't day trade and I guess it is because I see trading as gambling.

[boty]

Saving capital from trading seems impossible. this is trade. If you have a lot of capital, the profits you get will also be greater. This applies to all of us traders. I think it is more appropriate to say reduce the risk of loss in the title of this thread. OK, if it's a risk then of course you have to experience it and how each person handles it is different. So there's no need to worry because we will all definitely find it with the many experiences we have.

Of course, this is not possible if we want bigger profits, so we have to use large amounts of capital in the trading that we will do. The more capital we use in trading, the greater the profits we will get in trading if we can choose the type of crypto. which has the potential to make a profit.
Yes, you said it very right, when trading it is very important to be careful about the risk of loss in trading and we also have to be able to deal with it so as not to experience losses in trading and when we have a lot of experience in trading of course we will be able to anticipate losses that might occur.

[khiholangkang]

Learn to cut your loss, yes I mean it, the are so many rules and skills in trading which in other to succeed in trading you must utilize to the maximum, and one one them is learn to cut your loss if it's obvious that holding your position will do more harm tham good.
Most traders have fail to understand that in trading it's very important to keep your ego aside and admit when you are wrong, cut your loss early so that you can try again .
I have seen so many traders watch there their position run into liquidation because they were stubborn or they believe that it can still reverse to their favour, when it obvious that their is no hope.

In my early days in trading I have my own terrible experience of failing to cut my loss early because I believe that their is still hope, but I learned the hard way when I got liquidated.
You wouldn't know how important this decision is, until you have been liquidated.
Learn to admit that you are wrong, cut your loss, restrategize and have a go at it again.

what do you mean by installing SL? of course installing SL is an important thing in trading because it is your end point before you lose all your money because it is liquidated, and your message notification is only Margin Call, hahaha LOL

just as important as you put TP on your position, because the price fluctuations in the market easily fall after reaching a certain price, so it is important to put TP too, and this is a form of discipline so that you do not have greedy thoughts or profits that are achieved. using SL as a form that you cut your losses or keep your funds from being completely liquidated.

But it needs to be seen also contained in the trend of price movements, some moments rarely after almost reaching the SL area that we determine the price goes back up and even more beyond one's expectations.

[lombok]

Does OP trade futures? If it is liquidated, the OP is still immature in determining take profit and stop loss levels. Take profit and stoploss are important instruments in future trading that cannot be separated.

Pro traders also really pay attention to SL and TP. And they always use it, so that there are no big losses resulting in liquidation, hopefully what OP experienced can be a lesson and OP can carry out better and more mature analysis and trading in the future.

[Julien_Olynpic]

Of course, many traders intuitively understand that they need to cut losses. But no one tells them how to do this. These tips are pretty banal, but it’s surprising how many traders there are who don’t follow these banal tips. For example, it is undesirable to use leverage greater than x3-x5. But it is better not to use a leverage greater than x3. Even if you use x3 leverage, this means something that not all beginners know about. It is enough for the market to move against you by a 30% drawdown of your position for your position to be liquidated. Well, or your stop will be triggered, which you put much further than the liquidation value. But in this case, with large leverage, the stop loss will often be triggered and your deposit will slowly bleed out.

[gunhell16]

Learn to cut your loss, yes I mean it, the are so many rules and skills in trading which in other to succeed in trading you must utilize to the maximum, and one one them is learn to cut your loss if it's obvious that holding your position will do more harm tham good.
Most traders have fail to understand that in trading it's very important to keep your ego aside and admit when you are wrong, cut your loss early so that you can try again .
I have seen so many traders watch there their position run into liquidation because they were stubborn or they believe that it can still reverse to their favour, when it obvious that their is no hope.

In my early days in trading I have my own terrible experience of failing to cut my loss early because I believe that their is still hope, but I learned the hard way when I got liquidated.
You wouldn't know how important this decision is, until you have been liquidated.
Learn to admit that you are wrong, cut your loss, restrategize and have a go at it again.

What kind of trading are you doing here in crypto trading? I usually only do spot trading because this is also where I feel comfortable. Although it is correct that you know how much you can lose in trading,.

The important thing is that whether we make a profit or not, we must learn something from the actual trading we do here in the crypto space. It's a big thing because we have a lesson in trading, and we should never stop learning, as most people say here on the forum platform.

[AicecreaME]

This will depends on how you're confident about your technical analysis and what kind of position you entered in trading.

Though in general, I definitely agree that you need to cut losses in order to prevent your capital from being liquidated too much. Receiving a love letter from your exchanger is pretty depressing and frustrating especially if you're a newbie and chasing your losses instead of stopping for a while and do some research about what you did wrong.

[stomachgrowls]

Stop loss is not always the answer to everything in trading when it comes to saving one's capital or investment because the type of cryptocurrency and the type of trading you choose for your trading are also important cause they are what will determine your decision.

There are  situations whereby the moment the trader chooses to stop loss or close the deal is when the market will reverse.

That's very true especially if the "trader" chooses to trade low-liquidity shitcoins. The usual situation that happens is, it goes down to your stop-loss, you close the trade, then it surges 3x mere moments later leaving you with a loss and a lot of frustration.

There's probably only 50% of the 10% of profitable traders that truly make money consistently to be a semi-professional bedroom trader. Some of us either become part of the 10% ourselves or lose all of our money.

I agree with what was said about the majority of us being among the 10% and I believe the reason is that crypto traders are involved trader trading against the rich and smartest people in the world. This is why I placed a high priority on the crypto I choose to deal with, the type of trading choose, and the trading platform I use since the market is full of ups and downs. The best practice will always be going for things that already minimize the chance of making losses.
Another thing I do is that I don't day trade and I guess it is because I see trading as gambling.

Trading as gambling? It would really just that matter on how you do treat it up on the first place, because if you do have that kind of mindset on which trading is gambling then this is something on what you are currently
doing. There are people who do changed up their lives because of trading on which they could having that another source of income aside from their main jobs. Yes, its not that easy but its not something that impossible
or simply it can be attained and it would really be just that basing on how well you do make out your own trades and this is something that would really differ into each trader because not all would really be
successful into this field but doesnt mean that you wont really be trying it out. Someones success will really be determined on how well they do deal up with things and get engaged into it.

On trading, you would really be able to witness all the possible scenarios that you could really be able to encounter. Your instinct and common sense would really be telling you
that you should really be that needing to adjust and adapt accordingly for you to be able to sustain on the things that you are currently dealing with.
It is really just that usual or casual stuff that you would be needing to do.

[bluebit25]

The truth is that following discipline in trading will help us minimize the risk of liquidating all assets and leave opportunities to recover losses, but honestly most people experience the feeling of daydreaming. The amount of capital may be enough to make them re-establish everything. Only when we receive the liquidation notice email do we see the mistake. Yep, the money will continue, I also had a long time to follow the trend and persist in the bear market period, I also had to pay a lot for that stupidity, and when it changed direction, I also was no more capital to continue. So learning how to manage capital and follow a clear strategy, whether the profits are low or large, requires being ready for loss, and we still have a chance to continue.

[suzanne5223]

Stop loss is not always the answer to everything in trading when it comes to saving one's capital or investment because the type of cryptocurrency and the type of trading you choose for your trading are also important cause they are what will determine your decision.

There are  situations whereby the moment the trader chooses to stop loss or close the deal is when the market will reverse.

That's very true especially if the "trader" chooses to trade low-liquidity shitcoins. The usual situation that happens is, it goes down to your stop-loss, you close the trade, then it surges 3x mere moments later leaving you with a loss and a lot of frustration.

There's probably only 50% of the 10% of profitable traders that truly make money consistently to be a semi-professional bedroom trader. Some of us either become part of the 10% ourselves or lose all of our money.

I agree with what was said about the majority of us being among the 10% and I believe the reason is that crypto traders are involved trader trading against the rich and smartest people in the world. This is why I placed a high priority on the crypto I choose to deal with, the type of trading choose, and the trading platform I use since the market is full of ups and downs. The best practice will always be going for things that already minimize the chance of making losses.
Another thing I do is that I don't day trade and I guess it is because I see trading as gambling.

Trading as gambling? It would really just that matter on how you do treat it up on the first place, because if you do have that kind of mindset on which trading is gambling then this is something on what you are currently
doing. There are people who do changed up their lives because of trading on which they could having that another source of income aside from their main jobs. Yes, its not that easy but its not something that impossible
or simply it can be attained and it would really be just that basing on how well you do make out your own trades and this is something that would really differ into each trader because not all would really be
successful into this field but doesnt mean that you wont really be trying it out. Someones success will really be determined on how well they do deal up with things and get engaged into it.

On trading, you would really be able to witness all the possible scenarios that you could really be able to encounter. Your instinct and common sense would really be telling you
that you should really be that needing to adjust and adapt accordingly for you to be able to sustain on the things that you are currently dealing with.
It is really just that usual or casual stuff that you would be needing to do.

It not trading as gambling.
I said I see trading as gambling because only you are against the world most smartest, wealthiest people and the market volatility which makes it more complex for an ordinary trader to thrive in the market. I believe this is the reason why the stats of traders that quit trading along these lines are many traders who keep trading and making a profit.
If you perceive my point you'll that it's just like gambling where the player is playing against a supercomputer machine.
I am glad you also said it's not easy but it's something that impossible. Nevertheless, the possibility of it is small if the market is in bear and there's a high chance of the possibility when the market is in the bull run.

[cafter]

Learn to cut your loss, yes I mean it, the are so many rules and skills in trading which in other to succeed in trading you must utilize to the maximum, and one one them is learn to cut your loss if it's obvious that holding your position will do more harm tham good.
Most traders have fail to understand that in trading it's very important to keep your ego aside and admit when you are wrong, cut your loss early so that you can try again .
I have seen so many traders watch there their position run into liquidation because they were stubborn or they believe that it can still reverse to their favour, when it obvious that their is no hope.

In my early days in trading I have my own terrible experience of failing to cut my loss early because I believe that their is still hope, but I learned the hard way when I got liquidated.
You wouldn't know how important this decision is, until you have been liquidated.
Learn to admit that you are wrong, cut your loss, restrategize and have a go at it again.

it's hard to cut loss when the position is going against the trader, because the psychology is in this way first we tend to hold losing trade in hope. and take profit when our position is in little profit because of fear.
so keeping emotion aside while trading is very important. also if a trader realizes that he is wrong in that trade then he need to close the trade. but sometimes it get in profit after going toward the stoploss.
when i trade i don't have "ego" or something because I mostly hold for losing trade in hope of a reversal.

[stomachgrowls]

Stop loss is not always the answer to everything in trading when it comes to saving one's capital or investment because the type of cryptocurrency and the type of trading you choose for your trading are also important cause they are what will determine your decision.

There are  situations whereby the moment the trader chooses to stop loss or close the deal is when the market will reverse.

That's very true especially if the "trader" chooses to trade low-liquidity shitcoins. The usual situation that happens is, it goes down to your stop-loss, you close the trade, then it surges 3x mere moments later leaving you with a loss and a lot of frustration.

There's probably only 50% of the 10% of profitable traders that truly make money consistently to be a semi-professional bedroom trader. Some of us either become part of the 10% ourselves or lose all of our money.

I agree with what was said about the majority of us being among the 10% and I believe the reason is that crypto traders are involved trader trading against the rich and smartest people in the world. This is why I placed a high priority on the crypto I choose to deal with, the type of trading choose, and the trading platform I use since the market is full of ups and downs. The best practice will always be going for things that already minimize the chance of making losses.
Another thing I do is that I don't day trade and I guess it is because I see trading as gambling.

Trading as gambling? It would really just that matter on how you do treat it up on the first place, because if you do have that kind of mindset on which trading is gambling then this is something on what you are currently
doing. There are people who do changed up their lives because of trading on which they could having that another source of income aside from their main jobs. Yes, its not that easy but its not something that impossible
or simply it can be attained and it would really be just that basing on how well you do make out your own trades and this is something that would really differ into each trader because not all would really be
successful into this field but doesnt mean that you wont really be trying it out. Someones success will really be determined on how well they do deal up with things and get engaged into it.

On trading, you would really be able to witness all the possible scenarios that you could really be able to encounter. Your instinct and common sense would really be telling you
that you should really be that needing to adjust and adapt accordingly for you to be able to sustain on the things that you are currently dealing with.
It is really just that usual or casual stuff that you would be needing to do.

It not trading as gambling.
I said I see trading as gambling because only you are against the world most smartest, wealthiest people and the market volatility which makes it more complex for an ordinary trader to thrive in the market. I believe this is the reason why the stats of traders that quit trading along these lines are many traders who keep trading and making a profit.
If you perceive my point you'll that it's just like gambling where the player is playing against a supercomputer machine.
I am glad you also said it's not easy but it's something that impossible. Nevertheless, the possibility of it is small if the market is in bear and there's a high chance of the possibility when the market is in the bull run.

Doesnt matter on how you would really be making yourself that handles on the market on which this is something that would really be that depending into you. There are ones who do make out those realizations and there are ones who dont really able to survive and become that impulsive and to those who do able to survive and able to sustain are the ones who would really be able to make themselves that profitable but of course loses
wont really be that something that can be avoided. Speaking about cutting losses then there are really moments on which you would really be needing to cut loses unless if you are dealing with
those coins or projects on which it is really just that worthy on holding up for long term then it wont really be that a problem or an issue.

There are really people who cant really be able to assess on what are t he right actions on that should be made because it would really be pointless if we do make use of SL
when we do have plans for long term. It would really be just that good if you do touch up yourself with futures.

[Husires]

It cannot be a general rule for all your trading, as what is constant in trading is that it is variable. Sometimes the stop loss order is an order to achieve a certain loss and then the price rises. Therefore, determine the level of risk, which must be different for each cryptocurrency, and from there decide which currencies in which the loss should be stopped and what. These are the currencies that must be waited until a profit is achieved, and they are the currencies that are impossible to reach zero or continue to decline.

[crwth]

Isn't that what you call regret, OP? The part where you were supposed to cut your losses but instead decided to HODL your position and then got liquidated? I think a lot of the members here have this kind of experience unless they are keen on reading about the experiences of the traders. There are a lot of people who would be in favor of it and could continue to be. It's just being strong and being consistent with how you handle your positions because in the end, you can never be 100%. You would always get losses and wins, hopefully, you would always win so you could be positive. That's just what I think.