Using stop loss? Are you in profit?

[Abu-Naim]

I have noticed that most of you people have gone against me anytime I say stop loss is for greedy traders. Do you use stop loss and still earn money from trading since the last 6 months?


Also are you sure you are not a greedy trader?

I used stop loss in one particular trade and I still get liquidated, it makes ask a question that why am I setting stop loss if it can’t prevent me from losing my whole money? And from then, I decided to stop using stop loss and focus on trading using small leverage because high leverage in trading gives no peace of mind, in fact whenever I am trading a highly volatile coin with high leverage, I am always at alert because even my stop loss can’t prevent liquidation, so I have also decided to just trade with no stop loss even anymore for now.

[tvplus006]

I've been profitable in trading not because I know how to trade or because I'm a pro but because I only hold for few months and take profits whenever I'm ready, I've bought coin 4 times within 2 months and then, the 4th month was massive profits. No stop loss, just take profit after several months.
I could agree with you OP that stop loss are for greedy traders, I am never greedy, I just let it be and take whenever it's done.

This is an overly simplified trading scheme and only applies to the bullish cycle, when almost the entire cryptocurrency is growing in value. And what will you do when, after your purchase, the cryptocurrency is constantly decreasing in price and after 4 months only half of the previous value remains?

[Powerjumboo]

You know that I am one of the traders on this forum that have always gone against the use of stop loss, just because I noticed that it does not make sense because the reason I used it in the past was because I use high leverage to open a position.

One of the things I learn about trading is patience, the use of low leverage, not trading highly volatile coins in a way that I can open a position and still be able to sleep conveniently over night.

I have noticed that most of you people have gone against me anytime I say stop loss is for greedy traders. Do you use stop loss and still earn money from trading since the last 6 months?


Also are you sure you are not a greedy trader?

The market is very volatile right now, engaging in futures trading means that the potential for loss is high. Moreover, I don't have much experience in trading, so I don't go into futures trading because it seems too risky to me and I feel that I can lose all my money at any time, because trading based on speculation means relying on luck and trading based on luck can never bring profit. Also, I would say that it is important for a trader to use stop loss, because using stop loss reduces the potential for loss to some extent. It is wrong to say that greedy traders use stop loss, because traders who use low leverage also use stop loss.

[summonerrk]

You know that I am one of the traders on this forum that have always gone against the use of stop loss, just because I noticed that it does not make sense because the reason I used it in the past was because I use high leverage to open a position.

One of the things I learn about trading is patience, the use of low leverage, not trading highly volatile coins in a way that I can open a position and still be able to sleep conveniently over night.

I have noticed that most of you people have gone against me anytime I say stop loss is for greedy traders. Do you use stop loss and still earn money from trading since the last 6 months?


Also are you sure you are not a greedy trader?

Stop loss is one of the most important trading tools, according to many successful traders, including those who trade cryptocurrencies. As for me, I understand the importance of this trading tool, but I have never used it.
The reason is that I was one of those traders who believed that no matter how much a cryptocurrency fell in value, as long as it was purchased on a trading account, it would eventually rise in price. However, time has shown that this rule only applies to Bitcoin and Ethereum. But in general, even just Bitcoin. I don't deny the importance of a stop loss, but it's better to find funds for averaging.

[cryptoaddictchie]

I used stop loss in one particular trade and I still get liquidated, it makes ask a question that why am I setting stop loss if it can’t prevent me from losing my whole money? And from then, I decided to stop using stop loss and focus on trading using small leverage because high leverage in trading gives no peace of mind, in fact whenever I am trading a highly volatile coin with high leverage, I am always at alert because even my stop loss can’t prevent liquidation, so I have also decided to just trade with no stop loss even anymore for now.

This happened to me last time on Binance, I dont know why this happened like it bypass the set up SL. Honestly this is so frustrating when it happened to you. What I am thankful during that time is I only got a very low open order for that, it did hit my stop loss price but the crazy email from Binance send a message about my position getting liquidated.

I actually complain but didnt get a good response that time during a crazy crash when it happened and they said sorry about it.

[Outhue]

You may have forgotten the crash on October 10, 2025. The entire market dropped sharply within just 1–2 hours. If you did not use stop-loss orders on that day, you could have been fully liquidated.
Yes, using low leverage and trading top coins with relatively low volatility can be effective—but only during stable market conditions with limited fluctuations. However, when the market becomes highly volatile, using stop-loss orders is essential to minimize the risk of losing your entire capital.

Not so true, are you really among those who traded on that day? Because all traders that use stop loss on Binance still end up losing their Money, something not funny happened on that day that even stops loss became useless, ask those who really trade on that day not those who think that stop loss could have safe those people, no one was saved, everyone got annihilated.

Thanks to stop loss though I have made some good amount of money from trading, still there are days that are just bad for trading where even stop loss feature can't safe you.

[lizarder]

You know that I am one of the traders on this forum that have always gone against the use of stop loss, just because I noticed that it does not make sense because the reason I used it in the past was because I use high leverage to open a position.

One of the things I learn about trading is patience, the use of low leverage, not trading highly volatile coins in a way that I can open a position and still be able to sleep conveniently over night.

There's nothing wrong with using stop-losses, as they can limit one's risk of loss when trading. Isn't it true that stop-losses can be applied to both high and low leverage? Patience and discipline in trading are two very important things because they prevent one from becoming greedy and always sticking to the initial plan when trading. Most people are too greedy and want quick profits in trading, which often leads them to deviate from their initial plan and strategy.

Using a stop-loss is also a key aspect of risk management, so I believe it's crucial to implement it. Initial predictions don't always pan out. Using a stop-loss makes it easier for people to exit a trade without having to worry about holding a larger floating risk against the losses incurred when opening an order. People may have different opinions about the application of stop loss, but in my opinion, it is much better to use when opening an order position in trading.

[Big Dirams]

You know that I am one of the traders on this forum that have always gone against the use of stop loss, just because I noticed that it does not make sense because the reason I used it in the past was because I use high leverage to open a position.

One of the things I learn about trading is patience, the use of low leverage, not trading highly volatile coins in a way that I can open a position and still be able to sleep conveniently over night.

I have noticed that most of you people have gone against me anytime I say stop loss is for greedy traders. Do you use stop loss and still earn money from trading since the last 6 months?


Also are you sure you are not a greedy trader?

Stop loss is one of the most important trading tools, according to many successful traders, including those who trade cryptocurrencies. As for me, I understand the importance of this trading tool, but I have never used it.
The reason is that I was one of those traders who believed that no matter how much a cryptocurrency fell in value, as long as it was purchased on a trading account, it would eventually rise in price. However, time has shown that this rule only applies to Bitcoin and Ethereum. But in general, even just Bitcoin. I don't deny the importance of a stop loss, but it's better to find funds for averaging.

Stop loss is definitely important but some traders just don’t buy the idea of using it which in my opinion I fell that trading without stop loss just opens privilege of hitting high loss when the market goes sideways. Stop loss saves us from a lot of trauma from market volatility but there are some places which stop loss is quite of no much use to me like when one is scalping but a trader shouldn’t overlook the value of stop loss.
 As a trader practicing the trading tools helps to strengthen our chances of success even if we feel some little tools might be of no importance but to be honest they are all worth using and it helps us in hitting good returns.

 Since we know that trading is all about win or loss and we have accept such facts so why not use stop loss to reduce our loss or are we really afraid to loss?
Either we apply stop loss or not we will make loss so let try to reduce our losses by stop loss and risk what exactly we can afford to loss.

[AYOBA]

The market is very volatile right now, engaging in futures trading means that the potential for loss is high. Moreover, I don't have much experience in trading, so I don't go into futures trading because it seems too risky to me and I feel that I can lose all my money at any time, because trading based on speculation means relying on luck and trading based on luck can never bring profit. Also, I would say that it is important for a trader to use stop loss, because using stop loss reduces the potential for loss to some extent. It is wrong to say that greedy traders use stop loss, because traders who use low leverage also use stop loss.

Every traders are dealing with the stop lose because that is what save at times to prevent them from losing big amounts of momentum for trading, and that’s trading is not for everybody if you don’t have know tactics to keep your trading strategies to the point where you can get the best possible outcome in a market that; you can never achieve anything from trading.

That’s why always run from it as I know that it involves of too much risks, i think some that involves themselves in a futures trading thinking that the risk is not that high whereby the potential of get loss easily is very high as you said earlier that how the future trading goes.

[gunhell16]

You know that I am one of the traders on this forum that have always gone against the use of stop loss, just because I noticed that it does not make sense because the reason I used it in the past was because I use high leverage to open a position.

One of the things I learn about trading is patience, the use of low leverage, not trading highly volatile coins in a way that I can open a position and still be able to sleep conveniently over night.

I have noticed that most of you people have gone against me anytime I say stop loss is for greedy traders. Do you use stop loss and still earn money from trading since the last 6 months?


Also are you sure you are not a greedy trader?

In being traders, we should really know or get used to putting a stop loss as much as possible; this is what most traders in this field of the crypto industry always say, which is really good
and right. Though, on my part most of the time I don't put a stop; instead most of the time it's just TP.

But when I'm about to sleep, I put a stop loss, because the risk is already big if we don't do it; unlike when we're awake, we can at least peek at it once in a while.
This is the way I do it mostly.

[Johnlomape]

The market is very volatile right now, engaging in futures trading means that the potential for loss is high. Moreover, I don't have much experience in trading, so I don't go into futures trading because it seems too risky to me and I feel that I can lose all my money at any time, because trading based on speculation means relying on luck and trading based on luck can never bring profit. Also, I would say that it is important for a trader to use stop loss, because using stop loss reduces the potential for loss to some extent. It is wrong to say that greedy traders use stop loss, because traders who use low leverage also use stop loss.

Every traders are dealing with the stop lose because that is what save at times to prevent them from losing big amounts of momentum for trading, and that’s trading is not for everybody if you don’t have know tactics to keep your trading strategies to the point where you can get the best possible outcome in a market that; you can never achieve anything from trading.

That’s why always run from it as I know that it involves of too much risks, i think some that involves themselves in a futures trading thinking that the risk is not that high whereby the potential of get loss easily is very high as you said earlier that how the future trading goes.

We may not know the importance of trading using stop losses now until one or two persons become a victim of market volatility and lose huge sum of money from trading. I have known already that experience is the best teacher and if you really want to know how it feels when you are on the wrong path, you can decide to hope to have the same experience with someone that has gone through the same path in yhe past. The reason for using stop loss is to prevent sudden losses that can happen at anytime when trading.
The market is not smiling like the way it has been due to the bear market and traders need to be very careful.

[tygeade]

There's nothing wrong with using stop-losses, as they can limit one's risk of loss when trading. Isn't it true that stop-losses can be applied to both high and low leverage? Patience and discipline in trading are two very important things because they prevent one from becoming greedy and always sticking to the initial plan when trading. Most people are too greedy and want quick profits in trading, which often leads them to deviate from their initial plan and strategy.

Using a stop-loss is also a key aspect of risk management, so I believe it's crucial to implement it. Initial predictions don't always pan out. Using a stop-loss makes it easier for people to exit a trade without having to worry about holding a larger floating risk against the losses incurred when opening an order. People may have different opinions about the application of stop loss, but in my opinion, it is much better to use when opening an order position in trading.

I've asked so many traders about why they don't use stop-loss, and almost all of them said one thing; whenever we use stop-loss, the market goes only as much in the opposite direction as it requires to hit our stop-loss, and then it goes back up again, and if we had not used a stop-loss with our trade, it wouldn't have gotten liquidated and would have been in profit by now. Even though I agree that this happens sometimes, I don't think that using stop-loss actually makes you lose money all the time, because it usually saves you from big market swings.

For example, if you have not used a stop-loss with your long futures trade on ETH, and the market starts going down after going up a little, and you feel that it will start going up again very soon, but it keeps going down and down. Even if you increase the size of your trade, or add margin to push the liquidation price further down, if the market keeps going in that direction constantly, your trade will eventually get liquidated and you will lose all your money. However, if you had used a stop-loss with the trade, you would only lose the specified percentage at which the stop-loss was to get hit.

[RewFrew]

You know that I am one of the traders on this forum that have always gone against the use of stop loss, just because I noticed that it does not make sense because the reason I used it in the past was because I use high leverage to open a position.

One of the things I learn about trading is patience, the use of low leverage, not trading highly volatile coins in a way that I can open a position and still be able to sleep conveniently over night.

I have noticed that most of you people have gone against me anytime I say stop loss is for greedy traders. Do you use stop loss and still earn money from trading since the last 6 months?


Also are you sure you are not a greedy trader?

Futures trade is a kind of hobby saw. Once you enter this trade, I think you will continue to lose. Because that's how my experience is. I have never been able to return from futures trades. The experience of taking more loss is more than a small profit.

Stop loss protects the account from destruction, but if you hit the stop loss repeatedly, then the account will be twelve o'clock. My account has been zeroed several times in the last six months to hit my stop loss.

My confidence in this futures trade has been completely lost.

[hafiztalha]

Yes use a stop loss but personally I go off of candle closes and NOT wicks so if price were to wick to my stop but not close past it then I would not be stopped, this has saved me lots, with discipline you will be golden

Stop loss is important for the people who are trading a huge amount of money and they are losing huge amount of money and they don't want to pay anyone who is expert in that because they think that it is a waste of money but actually learning is an asset because you will earn continuous income from that and if you will invest more money there will be chances to lose more money because you didn't invest your time on useful things which could be beneficial for you. Trading expert can guide you who to stop loss because more people are greedy in thr market and they are in loss because they don't know market always work opposite to their thinking and they have to think smartly if they want to get money online from investment which they did in a day.

[barbara44]

Are you sure you can make profits without using stop loss in these volatile markets? Even if the volatility has reduced, we still see wicks which can liquidate the entire account in just a matter of few seconds and any open trade without a stop loss in this situation can make us lose the entire account to liquidity.

If you are always active and have the charts open 24x7, you can take a risk to trade without using stop loss but it can only be recommended to seasoned traders who knows how to close the trade in a matter of few seconds if the market is going in a reverse direction. For new people, stop loss is a life saver and any trade without stop loss is as dangerous as jumping into a river full of crocodiles without knowing how to swim. I would never suggest anyone to trade without stop loss.

Sometimes, I have had to bear loss just because the stop loss was hit way sooner than I thought. But even in situations like those, I would keep my calm and would set a stop loss the next time I open any other trade. I would only consider trading without a SL while I am scalping and closing the positions in just a few minutes.

[summonerrk]

You know that I am one of the traders on this forum that have always gone against the use of stop loss, just because I noticed that it does not make sense because the reason I used it in the past was because I use high leverage to open a position.

One of the things I learn about trading is patience, the use of low leverage, not trading highly volatile coins in a way that I can open a position and still be able to sleep conveniently over night.

I have noticed that most of you people have gone against me anytime I say stop loss is for greedy traders. Do you use stop loss and still earn money from trading since the last 6 months?


Also are you sure you are not a greedy trader?

Stop losses are one of the most controversial tools for trading. Because many professional traders with 20 years of experience say that stop loss is the only trader's weapon that is effective, unlike averaging tactics or the usual expectation when things get bad in the market. By bad deeds, I mean a situation where the price falls below what the trader assumed. And as they say, in this case, many traders become forced holders. Until additional funds are found to eliminate the position. This is also a controversial action, as it can lead to a worsening of the situation.

[Issa56]

Are you sure you can make profits without using stop loss in these volatile markets?

Yes you can be making profits even without stop loss during volatile market. When the market is so volatile, you don’t have to make use of stop loss before you will be able to make profits, as long as you are always on your system or your mobile phone to monitor your trade, then you can still be making your profits if you really know what you doing. I just think most people that do make use of stop loss are the people that are not always so active online to monitor their trade, stop loss is going to help them reduce their loss Incase if the market goes against their trade.

[tvplus006]

...I just think most people that do make use of stop loss are the people that are not always so active online to monitor their trade...

You will not be able to sit in front of the terminal around the clock, in any case, you will need time to rest. In addition, there may be unforeseen events such as a power outage, during which unforeseen scenarios may occur in the cryptocurrency market and you will not be able to close your position in a timely manner.

[knowngunman]

You may have forgotten the crash on October 10, 2025. The entire market dropped sharply within just 1–2 hours. If you did not use stop-loss orders on that day, you could have been fully liquidated.
Yes, using low leverage and trading top coins with relatively low volatility can be effective—but only during stable market conditions with limited fluctuations. However, when the market becomes highly volatile, using stop-loss orders is essential to minimize the risk of losing your entire capital.

Perhaps, Op is among the people that hold this belief "if I perish, I perish". They believe in making wholly profit and at the same time losing wholly once they open the trade as the case maybe.

I don't know what others may think but I will call that greed and lack of risk management at play. There's no better risk management than managing how your account avoid liquidation and stop loss is the most workable way to prevent your account from sudden liquidation.

If that's not risk management, it's not greed either. To me, it means I can control the amount I can afford to lose per trade.

[Dareo]

-snip-
Sometimes, I have had to bear loss just because the stop loss was hit way sooner than I thought. But even in situations like those, I would keep my calm and would set a stop loss the next time I open any other trade. I would only consider trading without a SL while I am scalping and closing the positions in just a few minutes.

Yes, it is true that stop loss works like a safety net for beginners. However because even if you use stop loss all the time, there are problems. Many times the market deliberately hunts stop loss with a small wick, then goes back to the previous direction we see this many times, So in my opinion it is not only important to set stop loss, where you set it is also very important. Many people set SL very close, and it is cut there repeatedly. I personally sometimes use manual exit, especially when the market behavior seems a little unusual.