trading A little technical reasoning in trading (Stop loss uses)

[Donslens10 0]

A very common and very serious mistake, which I must admit that I made in my beginnings, is to adjust the Stop Loss to the size of the position and the risk I am willing to assume.
Example: I am willing to lose $ 100. I determine that each point that moves the price is worth $ 10,
therefore my Stop I put it to 10 points of the entrance. I have not put it there because it is the right place that the previous analysis has indicated to me. In these cases, what happens is that the price touches your
Stop 9 out of 10 times, even if your analysis is correct and you are in the right direction.
It is psychology rather than technique.
Another example to finish: with respect to the previous one, if you know that the stop will be flown 90% of the time, understand that the Market Maker seeks to liquidate "high leverages", and hunt stops, that is why your stop has to be related with your entry more than everything in the wick and adjust it to a price that is far away, so that if your trade goes wrong it will be really invalidated and not hunted by the creators of the market.

[Donslens10 0]

Market Makers dont need it.

[vivek jain 308]

The stop-loss order is one of those little things, but it can also make a world of difference. Just about everybody can benefit from this tool in some way.you can prefer google to learn more about it.

[Yanadia 1517]

In trading, of course we want to profit and to avoid loss with the easiest technique of choosing a coin is that the coin has reached the lowest price and at least has increased by one level.  This can be known by looking at the history of the coin from the beginning of the launch.

[Crypto123 0]

This is very complicated, frankly, the introduction of trading psychology. It is true that the psychological analysis of traders plays a big role in their decisions, but these things are difficult for most people. I prefer simple trading that is far from all these complications. Simply buy when price goes down and sell when it goes up. If it does not raise, wait for some time, and in the end if it does not return to rise, I sell with some loss. its very easy.

[Shaza Ahmad 1682]

Very valuable advice and information, my friend, I think I am trying to implement it, but I make some mistakes, but I will learn from my mistakes to improve my trading performance in the future.

[MuhammadSh 3067]

really useful and valuable thing should every trader know it !

there are other important technicals too we should learn about all of them!

[Razan alikac 1899]

Thank you my friend, this is important information we should apply and avoid making mistakes and stop our loss in the right time

[bliznec 22268]

You need to be able to use stop loss, and thereby control profits and fix. For those who do not know how to use Stop Loss, it is better not to do this and not get into trading. 

[Sasaki 171]

I didn't know about stop loss, but I know trading need some psychological skills because crypto is changing by time to time because of it's volatility so if you know what you're doing you will not loss your crypto. 

[Jhadhasan 872]

The market is moving violently and it is hardly without repercussions. You have to place the stop loss order safe from the violent repercussions that try to get rid of many open positions.

[jacker 1095]

I know how to stop a loss, but I have learned a bit about it and I think it will help and stop losing money as much as possible. but I chose to leave if the opportunity was not good and did not come to me.

[khan188 536]

Well, I love to use Stop Loss. But I never moved my SL at any cost. Because I put my SL using my technical analysis. 

If the Price reached to my SL, That's means I was wrong and my analysis didn't worked out. 

As I always saying, Trading without SL like driving a car without breaks. 

 

thank you..

[cryptousd20 141]

The use of stop loss in trading is not present in the cryptocurrencies on the entire platforms, but you can be present in the market daily and you manually stop the loss by selling the currencies that you saw that reflected on you in a big way. This is the solution that relied on in the market

[bentayebsalah 2280]

For me, I don't use the stop loss almost completely and whenever the deal is lost I put it in the archive until the time comes and I open a new deal but the method needs patience And good capital

[Thekingcallme 1975]

Yes, I use stop loss on the binance platform and use at 2% if there is a decrease in the currency in this percentage, the system automatically exits and stops the loss

[Brushless4500KV 4214]

1 hour ago, Mishadima said:

In every way you trade you will still face risk and you have to use it sometime before you can succeed but you can minimize the stop loss in binance exchanger it will automatically exist when there is fall in the price of your coin.

Those traders who constantly need to use stop-loss features are not good traders. A professional trader trades in a way that he rarely loses and doesn't need to cut anything. If veteran traders find themselves in a losing situation, they don't exit their positions easily. They first think about alternative solutions to keep growing their assets instead of selling them. Selling is the last option when all other options don't work. A good trader will not leave the market without some profit. He always searches for upward movements even in the middle of bear runs. If you surrender soon, you lose faster.

[Abdulrahman3 1252]

I do not prefer to use stop loss option at all , because I tried it at the beginning of my way in the field of trading and it led to a big loss for me, because the currency I was trading in after falling to the stop loss point returned to rise by 300 percent over a period of days, so I regretted it very much and decided not to Use this option again.

[KarlJohn1 56]

On 10/14/2019 at 7:15 PM, Donslens10 said:

Market Makers dont need it.

I do not get this point, market maker do not make use of stop loss? You are wrong. You post is also pointless. Both market taker or market maker can make use of stop loss. 

[Adrian Atiencio 156]

The stop loss should be considered as our best friend, it is the only thing that will make our losses stop so we have to have much appreciation for it. Learning to place good stop losses will make our trading path better and we will lose less money from our accounts.

Edited January 20, 2021 by Adrian Atiencio