Stopping loss is an advantage to who? - Page 5 - Trading - CryptoTalk.Org Jump to content
Abo3laa

Stopping loss is an advantage to who?

Recommended Posts

Just now, Saboor said:

But in term of forex trading, you are in the high risks of losing all your capital without stop loss, this is damn possible and it is better to avoid being ignorant 😉

Is that say as saying, in crypto trading sometimes stop loss could be unnessessary or maybe even at all times?

Share this post


Link to post
Share on other sites

The loss prevention button cannot completely prevent you from losing, it only reduces the loss, no more, it cannot always be relied on, but relying on your skill to trade, this is the right thing to do.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

The stop-loss feature may set many conditions that limit profit and profit sharing as well so I do not use it because I know very well that in trading there is profit and loss and trust and good planning are the only and best solution and I agree with you about the importance of patience


nMvFbuZ.png.51c16eda8c8ae38c7b75b229d1556650.png.3a02f7d6e099d2405ace9af15c23effa.png

Share this post


Link to post
Share on other sites

Stop loss is very good and its for your own advantages because you will be prevent yourself from getting loss. There are many traders who are losing all day because of not setting stop loss of their trading amount.


■   ■   ■   ■   ■   ■     PEER-TO-PEER MULTI-BLOCKCHAIN SYSTEM     ■   ■   ■   ■   ■   ■

 ━━━━━ ━━━━ ━━━ ━━ ━    Free TON    ━ ━━ ━━━ ━━━━ ━━━━━━

|► DECLARATION OF DECENTRALIZATION |   FORUM   |   TON SURF   |► BECOME AN AMBASSADOR |

Share this post


Link to post
Share on other sites
On 2/6/2020 at 11:06 PM, pasha2123 said:

Perhaps the author is right about this. But all these tricks often help a lot when trading and minimize the risk of losing money. So it’s better to trade because it works best for you.

Stop losses can save you a lot of possible future losses. If you are afraid that you may lose, then losing is the right thing to use. Especially for day traders. This is very important to us so we need to be aware of this.

Share this post


Link to post
Share on other sites
On 5/2/2020 at 6:13 PM, halloweed said:

Is that say as saying, in crypto trading sometimes stop loss could be unnessessary or maybe even at all times?

In the aspect of cryptocurrency, I don't used stop loss, it is just unnecessary to used it. It is better to just make entry and wait whenever you feel like selling it

Share this post


Link to post
Share on other sites

I think that this function is an advantage for those who are engaged in perpetual contracts on exchanges such as Bitforex, etc., since there you need to guess the bitcoin exchange rate.

Share this post


Link to post
Share on other sites
19 hours ago, ComeBackIsrael said:

I think that this function is an advantage for those who are engaged in perpetual contracts on exchanges such as Bitforex, etc., since there you need to guess the bitcoin exchange rate.

That true, this trading stop loss is absolutely good and this will avoid any further loss for you, this make you feel free even you are not in the front of your device

Share this post


Link to post
Share on other sites
19 hours ago, ComeBackIsrael said:

I think that this function is an advantage for those who are engaged in perpetual contracts on exchanges such as Bitforex, etc., since there you need to guess the bitcoin exchange rate.

Stop loss is something that you will find on exchanges that have margin trading, so doe that perpetual contracts means somethig like margin trading or something else.

Share this post


Link to post
Share on other sites
On 5/4/2020 at 8:28 AM, wilbertson said:

Yah but for forex trading I agree because there is not just risky of getting loss, but losing all your money to liquidation.

You see the difference between the two, in cryptocurrency I don't mind holding any potential coins because I know it will rise again in another day 

Share this post


Link to post
Share on other sites
On 2/6/2020 at 11:06 PM, pasha2123 said:

Perhaps the author is right about this. But all these tricks often help a lot when trading and minimize the risk of losing money. So it’s better to trade because it works best for you.

You may lose, then loss is the right thing for you to use. Especially for day traders. Stop loss is the most important thing in the reading process. This is very important to us so we need to be aware of this.

Share this post


Link to post
Share on other sites

This feature is an advantage for those who trade daily and who do not want to lose 100 dollars instead of 10 if the price of the coin starts to fall.

Share this post


Link to post
Share on other sites

If the Stop Loss level is chosen correctly, even when the price goes in the opposite direction, the trader’s transaction will be closed with minimal losses without reaching the margin call level, that is, with partial losses

Share this post


Link to post
Share on other sites

In trading it is always important to use a stop loss because it helps minimize further losses if the price goes against your chosen direction and imagin you did not put stop loss and you encounter a network failure or something happens with your computer,I hope you now see that it helps.


 

■   ■   ■   ■   ■   ■     PEER-TO-PEER MULTI-BLOCKCHAIN SYSTEM     ■   ■   ■   ■   ■   ■

 ━━━━━ ━━━━ ━━━ ━━ ━    Free TON    ━ ━━ ━━━ ━━━━ ━━━━━━

|► DECLARATION OF DECENTRALIZATION |   FORUM   |   TON SURF   |► BECOME ANAMBASSADOR |

Share this post


Link to post
Share on other sites

Stop loss either limit or market both are beneficial for all traders, if you are in market long enough you had at least one experience of a huge change in market condition in a very short period of time, for example an altcoin could be at +20% one day and just 7-8 hour later you can wake up to -10% on the same altcoin, because of this huge volatility you should use stop loss every time.


YOUengine-cryptotalk.png

Share this post


Link to post
Share on other sites
On 2/9/2020 at 3:59 PM, bliznec said:

It is difficult to answer who the loss is for when trading a particular cryptocurrency. I think that the loss goes to the cryptocurrency on which you traded.

Stop losses can save you a lot of possible future losses. If you are afraid that you may lose, then losing is the right thing to use. The most important is knowing how to use and where to use and define our numbers

Share this post


Link to post
Share on other sites
14 minutes ago, phizusiki said:

Stop losses can save you a lot of possible future losses. If you are afraid that you may lose, then losing is the right thing to use. The most important is knowing how to use and where to use and define our numbers

Stop loss on cryptocurrency trading can be determined on short positions, which is characteristic of profit. There is a definition of stop loss and is profitable for trading with cryptocurrency. But I try to take a different approach.


■   ■   ■   ■   ■   ■     PEER-TO-PEER MULTI-BLOCKCHAIN SYSTEM     ■   ■   ■   ■   ■   ■

 ━━━━━ ━━━━ ━━━ ━━ ━    Free TON    ━ ━━ ━━━ ━━━━ ━━━━━━

|► DECLARATION OF DECENTRALIZATION |   FORUM   |   TON SURF   |► BECOME AN AMBASSADOR |

Share this post


Link to post
Share on other sites

I disagree, stop losses is a advantage to me. Many times it has protected me from huge loss. One more advantage of using this feature is there is no need to monitor your holding daily.

Share this post


Link to post
Share on other sites
On 3/6/2020 at 8:44 PM, Treat1234 said:

It is very good advantage to us to have a stop loss, because it will serve as an advantage to reduce the loss of our capital

with a limit that's right for me, I think it will help you minimize your money loss. Beginners tend to be short patient and think that if they hold it for too long, they can lose more than they have lost. We must be familiar with how and where it has been used and added modifications that we should label as a stop-loss as a significant issue in the whole process.

Share this post


Link to post
Share on other sites

In trading just always remember that you can't earn as always there are times that you might loss your earning because it happens normally in trading. And i believe even the best traders in the cryptoworld experienced loss of funds. So that never loose hope always continue on what goal you want to achieve even you loss there's a time you will win the success by pursuing and not by quiting so easily always work hard.

Share this post


Link to post
Share on other sites

The stop loss is used to enter into another profitable trade rather than waiting for a long time for the currency to rise again


 

Life is great and enjoy it

Share this post


Link to post
Share on other sites
On 1/31/2020 at 3:48 PM, Abo3laa said:

I think all traders who use stop loss in their trades don't have the patience to practice trading 

By using this option, we can take advantage of more opportunities. This option is also particularly effective in the event of bearish periods (which can be very long): your funds will have been converted before reaching a too low level so you will be able to buy at the lowest price while the other traders will have to wait for a possible rise in price...

Share this post


Link to post
Share on other sites
19 hours ago, phizusiki said:

with a limit that's right for me, I think it will help you minimize your money loss. Beginners tend to be short patient and think that if they hold it for too long, they can lose more than they have lost. We must be familiar with how and where it has been used and added modifications that we should label as a stop-loss as a significant issue in the whole process.

Newbies are always in panic in trading, sometimes they will be too eager to takeout their Profits and whenever they found themselves at loss, they prefer to sell it and have the little capital left, instead of holding it still the market recover

Share this post


Link to post
Share on other sites

Sometimes patience does not work with the price of the currency because it continues to go down for long months, including using the stop loss early and getting your money out the best thing to do.

Share this post


Link to post
Share on other sites

I agree with you but all this is for high trading coins like BTC,ETH,LTC. But cut loss is best for dump coins. We know dump coin didn't get up so early. I bought Atomix and yet i am waiting for it's price up but it's price going down and down.


 

   ■   ■   ■   ■   ■     PEER-TO-PEER MULTI-BLOCKCHAIN SYSTEM     ■   ■   ■   ■   ■   ■

 ━━━━━ ━━━━ ━━━ ━━ ━    Free TON    ━ ━━ ━━━ ━━━━ ━━━━━━

|► DECLARATION OF DECENTRALIZATION |   FORUM   |   TON SURF   |► BECOME AN AMBASSADOR |

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...