/biz/ - Business & Finance

my friend tika suggest: NONE

a stop loss, is a contract you sign between you and the exchange that officially declares you a cuck.

>>16834527
stop loss is for pussies

>>16834527
Depends on your risk tolerance, and if you’re smart, the amount you’re trading. In general, I’d say about 10% (or whatever your personal risk threshold is, but be realistic, a stop loss of 1% is gonna hurt more than help you.) If you’re trading your last grand, you shouldn’t be trading, but I’d place stop loss on 15, but that’s only because I’d be willing to loose $150 of my hypothetical $1,000.

Stop loss?? more like Profit loss!

>>16834527
-90% is usually where I pull the plug

Ive been looking at the volumes of the different coins.
Only the top 5 coins have a somewhat decent volume.
The market is as dead as this board.
Anyways ill set my stop loss at 10%
>>16834736
Funny you should say that.
I kind of am down to my last grand.
1.5k to be exact.
I just wanted to reach 0.2 btc.
But it looks like im wasting my time and money, literarily.

>>16834527
you don’t need stop loss unless you are a degenerate margin trading gambler l
crypto with fundamentals will go up, no matter what

>>16834848
>crypto with fundamentals will go up, no matter what

>>16834527
5-10%, or less is low volume / high vol.

Now buy Kleros and GET OUT!

>>16834799
>I kind of am down to my last grand
Then dont invest. Its still a bit of a gamble and since you only have 1.5k I can asume you're not that great with money. Get a healthy saving going before go throw it into the wind. 20% of saving is a healthy investment and since that puts you at $300, thats not worth it

>>16834872
I’m in for the tech

I usually average last 10 candles -3%

if you followed the advice "only put in what youre willing to lose" then you dont need a stop loss

:^)

>>16834527
Get out and get UOS to recover your loss

Sell and cut your losses right now. As someone who makes a living day trading, I can tell you that pick really good companies that have gone through bad dumps. Put crazy amount of options on it, then sell at x2 or x3 or x4. Is that simple.
I've been making a killing.

>>16834527
>He is currently gambling
>He wants to use stop losses
>He doesn't use Options to fix his losses

>>16835317
i dont know much about options.
But id have to convert my crypto into fiat and learn about it.
I might sell though.

>>16835352
>But id have to convert my crypto into fiat and learn about it.
You don't, use Deribit, its a btc/eth options platform among other things.If you're a Mutt, Then I would say renounce.

>>16835352
to keep them simple its buying/selling insurance an asset, valid to a certain date.