What Are Your Loss Control Strategies? from crypto currency..✅✅

[yhiaali3]

Yes, that's right. You should always remember that all investments involve risks and cannot be completely avoided. No matter how experienced an investor or trader is in the field, he can be exposed to a loss as a result of a mistake, whether it is a mistake resulting from analysis, emotions, or sudden market fluctuations.

There are many good tips to avoid losses, but I specifically mention diversifying the investment portfolio, as it is better to divide the capital to buy several coins, not one, and it is also better to divide the capital into several portfolios or exchanges.

The last tip is also important, which is to avoid emotional decisions because emotions often cause large losses as a result of rushing to make wrong decisions.

[|MINER|]

Since trading is a very risky activity, there will be a possibility of loss but we have to take care that it is less. There should not be too much leverage in trading. Greed should be restrained. Emotions should be controlled in trading. Repeatedly.  You should refrain from trading. You should trade by understanding the market situation.  You have to make yourself a good market analyst to understand the market situation. You have to do regular monitoring. No decision can be taken on impulse.  If you keep the order setting, the amount of loss will be reduced a lot.  If you want to do trading, you must have adequate understanding about it and then do it.

[Captain Corporate]

I do believe that if you could do trailing stop loss like I mention, then you are going to be making a good chunk of money for a long time. Trailing stop loss once again is just waiting for it to go up, and then the more it goes up the more you do not touch it, just keep staying away from it and just keep ignoring it all together, and eventually you will end up with something much better. Then, if it starts to go down, you sell only in that situation, not towards what you bought, but before, that way you get out in profit thanks to this. This is why the best method for traders is to do TSL, if you do that, you will be fine.

[gunhell16]

I think the stop-loss strategy is one of the good things that all traders in the crypto space should not forget. Because it will greatly help us to limit or control correctly the fund we have in an exchange.

and in this way we can train ourselves not to be greedy when trading here. because a lot of people lose in trading when they don't use the right SL, in my opinion.

[Legion]

I think the stop-loss strategy is one of the good things that all traders in the crypto space should not forget. Because it will greatly help us to limit or control correctly the fund we have in an exchange.

and in this way we can train ourselves not to be greedy when trading here. because a lot of people lose in trading when they don't use the right SL, in my opinion.

Yes, that’s right. Stop loss strategy is one of the most important tools that a trader should use in trading and most of the time traders should not forget about this strategy. It also helps the trader control our funds more effectively, which is essential when it comes to risk management because by placing stop loss; the trader can be sure we will not lose more than the desired amount. Secondly, stop loss also assists an individuals to practice patience and dismiss any thinks and actions influenced by greed. In fact, many traders end upargc giving huge losses due to improper use of this strategy; hence, it is also among the major factors that determine success in trading.

[nakmantu99]

I think the stop-loss strategy is one of the good things that all traders in the crypto space should not forget. Because it will greatly help us to limit or control correctly the fund we have in an exchange.

and in this way we can train ourselves not to be greedy when trading here. because a lot of people lose in trading when they don't use the right SL, in my opinion.

Yes, that’s right. Stop loss strategy is one of the most important tools that a trader should use in trading and most of the time traders should not forget about this strategy. It also helps the trader control our funds more effectively, which is essential when it comes to risk management because by placing stop loss; the trader can be sure we will not lose more than the desired amount. Secondly, stop loss also assists an individuals to practice patience and dismiss any thinks and actions influenced by greed. In fact, many traders end upargc giving huge losses due to improper use of this strategy; hence, it is also among the major factors that determine success in trading.

I don't have a good experience in using stop loss features, so I choose to do it manually and always monitor market movements and always look at the chart. This seems busy, but I am comfortable with this condition.

[Hisbullah]

I think the stop-loss strategy is one of the good things that all traders in the crypto space should not forget. Because it will greatly help us to limit or control correctly the fund we have in an exchange.

and in this way we can train ourselves not to be greedy when trading here. because a lot of people lose in trading when they don't use the right SL, in my opinion.

Yes, that’s right. Stop loss strategy is one of the most important tools that a trader should use in trading and most of the time traders should not forget about this strategy. It also helps the trader control our funds more effectively, which is essential when it comes to risk management because by placing stop loss; the trader can be sure we will not lose more than the desired amount. Secondly, stop loss also assists an individuals to practice patience and dismiss any thinks and actions influenced by greed. In fact, many traders end upargc giving huge losses due to improper use of this strategy; hence, it is also among the major factors that determine success in trading.

I don't have a good experience in using stop loss features, so I choose to do it manually and always monitor market movements and always look at the chart. This seems busy, but I am comfortable with this condition.

If you feel comfortable with the current conditions, you can still do it because in investing we have to do something that suits and is comfortable with us. I also sometimes use stop loss features when I see worrying market movements but if I am sure the market will start to rise and stabilize I also use manual methods like you.

[Legion]

I think the stop-loss strategy is one of the good things that all traders in the crypto space should not forget. Because it will greatly help us to limit or control correctly the fund we have in an exchange.

and in this way we can train ourselves not to be greedy when trading here. because a lot of people lose in trading when they don't use the right SL, in my opinion.

Yes, that’s right. Stop loss strategy is one of the most important tools that a trader should use in trading and most of the time traders should not forget about this strategy. It also helps the trader control our funds more effectively, which is essential when it comes to risk management because by placing stop loss; the trader can be sure we will not lose more than the desired amount. Secondly, stop loss also assists an individuals to practice patience and dismiss any thinks and actions influenced by greed. In fact, many traders end upargc giving huge losses due to improper use of this strategy; hence, it is also among the major factors that determine success in trading.

I don't have a good experience in using stop loss features, so I choose to do it manually and always monitor market movements and always look at the chart. This seems busy, but I am comfortable with this condition.

If you feel comfortable with the current conditions, you can still do it because in investing we have to do something that suits and is comfortable with us. I also sometimes use stop loss features when I see worrying market movements but if I am sure the market will start to rise and stabilize I also use manual methods like you.

Risk management is enhanced if an approach appropriate for the conditions of the market and this individual’s comfort is used. There always comes a time that some strategies need to be changed as they do not meet market demands any longer; this is why market-strategy analysis is crucial in ensuring clients get the best services. Thus, it is possible to say that on the basis of the outcomes mentioned above we will be more prepared with regard to different options.

Of course, the chosen strategy can offer sufficient outcomes and it is appropriate to long-term investment plans. Indeed, there is need to make changes and keep on learning to do things right for success in investing.

[Chilwell]

  4. **Regular Monitoring:** Regular monitoring of market movements and making necessary changes.

4. **Regular Monitoring:**

Regular trading is very important for a successful Trader. Regular trading is the ability of simultaneously checking, analyzing or examining your trades and market condition to ensure that you are on the right way to meet your goals.

It is crucial for traders to monitor market movements and changes. This enables them to determine whether market fluctuations are positive or negative, allowing them to take necessary actions accordingly.

To succeed, traders must stay informed about market news and trends. They should also be able to manage and control risks, making informed decisions based on prevailing market conditions.

[bayu7adi]

the most common experienced by most traders is related to emotions... it is really the main gate for novice traders and filters out people with a brave mentality....

This emotion usually arises together with FOMO,... where when he sees the price of Bitcoin rise to $105k he immediately buys it without looking at some analysis data... and when the price of bitcoin drops to $95k he sells it because he is afraid it could fall even deeper... but it turns out that it was just a correction that made the asset bounce back higher.... usually traders with unstable emotions will be forced to take losses when the correction moment... and I have also experienced this

So maybe it can be said that this is quite normal for all new traders.

[milewilda]

I think the stop-loss strategy is one of the good things that all traders in the crypto space should not forget. Because it will greatly help us to limit or control correctly the fund we have in an exchange.

and in this way we can train ourselves not to be greedy when trading here. because a lot of people lose in trading when they don't use the right SL, in my opinion.

Yes, that’s right. Stop loss strategy is one of the most important tools that a trader should use in trading and most of the time traders should not forget about this strategy. It also helps the trader control our funds more effectively, which is essential when it comes to risk management because by placing stop loss; the trader can be sure we will not lose more than the desired amount. Secondly, stop loss also assists an individuals to practice patience and dismiss any thinks and actions influenced by greed. In fact, many traders end upargc giving huge losses due to improper use of this strategy; hence, it is also among the major factors that determine success in trading.

I don't have a good experience in using stop loss features, so I choose to do it manually and always monitor market movements and always look at the chart. This seems busy, but I am comfortable with this condition.

Stoplosses will really be that only relevant on the time or moment that you do make out some futures trading but on the moment that you are dealing up with spot then i dont see this relevance since you could really just that simply holding up your coins until the market will really be having its recovery. It will really be that depending on you about on how you would be setting out your limits because this is something that be depending into someones control and emotions on which we know that this is something that really needs up to consider.

[Findingnemo]

I don't trade random coins so I can say that whenever the price crash happens I just wait until it recovers which may happen sooner or take a while but technically we are not in loss until we sell those so I just cancel the trades and keep the funds to myself for future. Apart from that I guess stop loss and money management plays vital role which is not essentially a strategy but kind of basic tool.

[bitterguy28]

I don't trade random coins so I can say that whenever the price crash happens I just wait until it recovers which may happen sooner or take a while but technically we are not in loss until we sell those so I just cancel the trades and keep the funds to myself for future. Apart from that I guess stop loss and money management plays vital role which is not essentially a strategy but kind of basic tool.

dont this strategy apply more to longer term of investing? a lot of traders i see have a set price below their target price in which they can take out their money when the price hits that specific amount so that they can still get profit even if the market is crashing and they are quite in a tight spot especially for traders of altcoins where they do not know if the market will still recover so it is really very vital that they take profit as soon as they can

[taufik123]

I don't trade random coins so I can say that whenever the price crash happens I just wait until it recovers which may happen sooner or take a while but technically we are not in loss until we sell those so I just cancel the trades and keep the funds to myself for future. Apart from that I guess stop loss and money management plays vital role which is not essentially a strategy but kind of basic tool.

Holding back is the best way not to lose and it provides an opportunity for those who are stuck in high prices,
but of course rebuying slowly at the dip price will help to raise the buying average.

The strategy of waiting for the price to start to correct and arrive at the base price is the best strategy that can be applied, but you must also have a qualified analysis and strong psychology to manage money well so that you will not miss the opportunity to buy even cheaper.

[Findingnemo]

I don't trade random coins so I can say that whenever the price crash happens I just wait until it recovers which may happen sooner or take a while but technically we are not in loss until we sell those so I just cancel the trades and keep the funds to myself for future. Apart from that I guess stop loss and money management plays vital role which is not essentially a strategy but kind of basic tool.

dont this strategy apply more to longer term of investing? a lot of traders i see have a set price below their target price in which they can take out their money when the price hits that specific amount so that they can still get profit even if the market is crashing and they are quite in a tight spot especially for traders of altcoins where they do not know if the market will still recover so it is really very vital that they take profit as soon as they can

Traders are eventually a type of investors too, and there's nothing wrong with having flexibility when the market take unexpected turns so holding seems to the less chance of losing our capital instead of selling it 20 or 30% lower than we bought initially and this is the same mistake done by most newbies they entered the market at peak and suddenly there will be a drop they can't hold for various reasons eventually exit the market with loss.