Quote from: lixer on October 31, 2021, 09:02:45 PM

Quote from: BIN-BIN on October 16, 2021, 01:21:19 PM

I Am stock in-between the decision to trade and when to go on a break from trading, but I will like to have my capital on a stable trade and am considering using the stop lose features on the exchange to execute trades on my behalf while being away.
So have anyone used the stop lose the feature please share your experience.

Well, if what you’re looking for is a tool that is going to help you to avoid loss in the market when you’re not there to watch your screen, then the stop loss tool is going to do just that for you. But, I do see people who complain that they don’t like the stop loss tool, because it makes them to miss out on opportunities that would have fetched them money after the market quickly goes up after the decrease that activated the stop loss.

Well, what these people are not understanding is the main purpose of this tool, which is simply to prevent your losses from going further when you are not there to watch your screen. If you think the tool will be helpful to you, then you can go ahead and use it.

I see your point and I'm sure is not only you who noticed that. There are traders who hates this tool as they are missing opportunities.

They forgot that the market is highly volatile, a quick spike already made them lose those good chances of earning decently.

Before you use this tool better to make sure that you are well informed about the strategy that you'll going to input, it will help you a lot not

to missed those chances but rather you'll be able to maximize your projected profits.