Quote from: Malsetid on March 26, 2019, 02:02:41 AM

Quote from: BitcoinTurk on March 25, 2019, 04:41:47 PM

Quote from: nattykio on September 06, 2018, 12:37:46 PM

There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?

The stop loss feature is a useful feature that should be used with extreme caution, although it is a useful feature for everyone. Unfortunately, this feature is used incorrectly by many people. The use of very low stop stop loss will often cause damage in sudden price fluctuations and should be used at an ideal price range. Furthermore, it is necessary to be selective in the field and service that it is used in every service since this is not working perfectly.

I agree. I think most of the sudden dumps have been affected as well by trades hitting stop losses without the traders even being aware. It iss helpful for loss control that's for sure. But if not used correctly, it affects the market also. I use stop loss but i check first the suggested percentage on when to use it.

stoploss is very helpful if we rarely see the market because of busy life in the real world. indeed with stoploss can reduce the risk of greater losses, because it will close automatically at the price set if the price is contrary to our analysis