Trader's Note To Self: Stop Loss orders are like double edged swords, if set too tight to the open order price it can close out your position too soon due to the volatility of crypto, set too loosely you will suffer more losses when a trade goes against you in a big way. Should traders use Stop Loss orders? Probably, so I will make myself. What is the ideal percentage stop? Only experience will tell, and it will surely vary for each pair.