Post
Topic
Board Trading Discussion
Re: Stop Loss, A life saver or a evil?
by
LUCKMCFLY
on 02/03/2020, 02:59:12 UTC
Hello,

I had this question in mind, since many of my trades with an adjusted stop loss got triggered, but then the market goes in the direction I wanted, but since it got triggered basically im out. I know this is due to big fishes messing around.

What do you guys think, is stop loss something or, or not so good?
For me stop loss is a life saver, even though the situation depends on yourself and I often experience that case. When you are in market manipulation, you have to take part in following whales, so you don't experience events like this and you also need to pay attention to the market volume as well.
why do we play stop loss? if you play in the crypto market without using margins. I think, to play in the crypto market, .we must have more assets to buy the prices below

I think that a very direct consequence of not using "Stop Loss" in these times is suicide, mainly when the whole market in general has been affected by a Fundamental such as the coronavirus, and if it had an open position, it would be in a percentage position. of considerable loss, which could have been avoided thanks to a "Stop Loss" therein lies the importance of it in a scenario like the current one.