Stop loss importance

[Babycornershop]

Stop loss bagi saya yang pemula sangat penting... Karena saya belum bisa memprediksi kemungkinan yang akan terjadi.

[Kohatiiboy]

I think those who added stoploss in 19 may 2022 realize the importance of stoploss.

[Seerge]

I think it is too late to make a stop loss at this point in view of the very poor market conditions.  Wait for the price to rise a little, because if we do stop loss now the losses we experience may be too big. Stop loss is a way to minimize our losses, but we also have to do stop loss at the right time so that we don't regret it.

[Traderbtcc]

Well there is nothing much here to debate any longer because this bear market has given a judgment to this debate. As for many traders who didn't use the stop loss and were not present to close trade when this sudden deep happened, their account must have gotten liquidated, this simply shows no matter how good you are with technical analysis always use stop-loss.

[Limabd]

The crypto market is very volatile. So to trade here you need to have a good idea about it. And those who trade cryptocurrencies here. It would be better for them to use stop losses. Because with this, even a little bit of business loss can be reduced and profit can be made.

[Papusha20]

Whatever you do anywhere, there will be two gains and losses.  In a cryptocurrency, just as you have a simple profit, you can also make a loss.  That's why everyone should have a good experience about losses.  Because you must face losses if you want to understand profit.

[Vx1]

That's right, and one of the best ways to minimize losses is to do a stop loss even though this method is not liked by some people. For me, it's better to lose a little by making a stop loss than to lose our asset completely because the price continues to decline.

[KryptoBull]

Perhaps now many new traders can understand the value of stop loss in trading. The price of BTC dropped suddenly on May 19 and only those who put a stop loss were able to protect their assets in USDT. The same is true for Altcoins, if there is a stop loss before May 19th, we can buy Altcoins at cheaper price 55%-75%.

[Hassan50]

From the little experience am having I believe one of the first thing you should do after buying a coin is to set your stop loss I believe after buying a coin anything can happen nobody can predict the market and to avoid losing your money stop loss is very important.

[Rishab777]

According to me it has a very important place in field of futures trading as whenever i knew about the btc news which can be negative or positive we usually got late about to take trades which can take us to a big loss but with stop loss we are worry free about any negative news in the market and whenever btc move to downward direction we will see our trade is automatically closed bcz of stop loss so its very useful in my case

[Callisto]

Of course, stop losses are simply necessary for a real trader, but when the market is really volatile and when huge candles without a stop loss, trading is simply strictly prohibited, for your own safe deal. I think these rules should be passed by all newcomers entering the exchange.

[Callisto]

I think it is too late to make a stop loss at this point in view of the very poor market conditions.  Wait for the price to rise a little, because if we do stop loss now the losses we experience may be too big. Stop loss is a way to minimize our losses, but we also have to do stop loss at the right time so that we don't regret it.

Stop loss is necessary for a competent trader, this is a fact, in order not to lose money, especially with such drops as they were this week, it is necessary to set a stop loss. An experienced trader will never trade without a stop loss, especially for large amounts.

[Cleanerbd]

I haven't used stop loss yet, but it's best to sell when the price of the coin starts to go down. As a result, we will be free to lose. However, stop loss should be used while trading.

[xeroz]

By using Stop loss, traders are able to limit unwanted losses, if there is a loss that is too deep, then the trader can limit the losses that have been determined. Setting a stop loss is much more important than determining a profit target. Selection and installation of the ideal STOP LOSS is very important for the viability of your account. Always pay attention to the Margin you use and also make sure your account Margin Level remains in the "SAFE ZONE".

[pacar_tiri]

By using Stop loss, traders are able to limit unwanted losses, if there is a loss that is too deep, then the trader can limit the losses that have been determined. Setting a stop loss is much more important than determining a profit target. Selection and installation of the ideal STOP LOSS is very important for the viability of your account. Always pay attention to the Margin you use and also make sure your account Margin Level remains in the "SAFE ZONE".

You're right, By using stop loss, trader can limit unwanted loss.
I see several traders using it.
I'm not professional trader, But try to use it to reduce the loss.
I think you can use it, for your trading mate.