One of strong topics i want to write about it for long time ago
TYPES OF STOPLOSS 🛑 :
MANUAL AND AUTOMATIC
FIRST / Manual Stoploss :
Trader wait for the candels to close below support for exit not just hit it !
Example for manual stoploss :
Most common using 15min - 1H - 4H - 1D - 1W candels closing below support area ..it can also used in alot of timeframes
Advantages Of Manual Stoploss :
– The best for investors and long term traders
– Best in spot and small leverage trading
– Coins didnt moved yet and still in accumulation phase
–Avoid manipulation by market makers ...alot of times market makers will try to hit stoploss by wick or flash drop then price get recover fast after,,
This move is very common in certain areas and push the weak hands outside of market by loss
SECOND / Automatic Stoploss :
Trader set Automatic stoploss in exchanges
Advantages Of Automatic Stoploss :
– Good for short term traders (fast food)
– Best in high leverage trading
– Coin pumped high in short time you follow your position by keep moving your stoploss continously
–good in high volatile coins
(example in these days : doge - xrp 😁)
For myself most of times i use the first one manual stoploss
What about you ...what do you prefer ?
TYPES OF STOPLOSS 🛑 :
MANUAL AND AUTOMATIC
FIRST / Manual Stoploss :
Trader wait for the candels to close below support for exit not just hit it !
Example for manual stoploss :
Most common using 15min - 1H - 4H - 1D - 1W candels closing below support area ..it can also used in alot of timeframes
Advantages Of Manual Stoploss :
– The best for investors and long term traders
– Best in spot and small leverage trading
– Coins didnt moved yet and still in accumulation phase
–Avoid manipulation by market makers ...alot of times market makers will try to hit stoploss by wick or flash drop then price get recover fast after,,
This move is very common in certain areas and push the weak hands outside of market by loss
SECOND / Automatic Stoploss :
Trader set Automatic stoploss in exchanges
Advantages Of Automatic Stoploss :
– Good for short term traders (fast food)
– Best in high leverage trading
– Coin pumped high in short time you follow your position by keep moving your stoploss continously
–good in high volatile coins
(example in these days : doge - xrp 😁)
For myself most of times i use the first one manual stoploss
What about you ...what do you prefer ?
