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Stoploss

THE POWER OF STOP LOSSHello again! Here I prepared for you what I consider the most important tool when it comes to risk management and developing a discipline, which helped me a lot in my trading journey: stop loss! At first, I have to admit that I found it truly frustrating to see how 2 pips can trigger the stop loss and right after that my position reaches my target, but in time, I realised that in order to stick to my trading strategy and become profitable, I have to also accept the losses, even when I consider them "unfair". Using the stop loss order not only that it helps cutting the losses, but can also help you lock in the profits. What helped my account the most was, after a while when the price goes in the desired direction, to move the stop loss at the entry point (so whatever happens, there will be no loss), and it honestly eliminates a lot of stress, especially during night. Hopefully you will find this information as useful as I did, and feel free to ask anything in the comments section!
Education
by m_maia14
MATIC / USDT 1D chart Targets and StoplossHello everyone, let's look at the 1D MATIC to USDT chart. As you can see, the price is moving above the local downtrend line. Let's start by setting goals for the near future that we can take into account: T1 = $0.9158 T2 = $0.9619 T3 = $1.0112 T4 = $1.0759 and T5 = $1.1616 Now let's move on to the stop loss in case the market goes down further: SL1 = $0.8502 SL2 = $0.7964 SL3 = $0.7643 SL4 = $0.7393 and SL5 = $0.6911 Looking at the CHOP indicator, we see that there is still a lot of energy for the next move on the 1D interval, while the MACD indicator indicates a downtrend.
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by cryptodailyuk
6
UNIUSDT 4H Interval- Targets and StoplossHello everyone, let's look at the 4H UNI to USDT chart as you can see that the price is moving above the local downtrend line. Let's start by setting goals for the near future that we can take into account: T1 = $5.63 T2 = $5.84 T3 = $6.06 T4 = $6.35 and T5 = $6.74 Now let's move on to the stop loss in case the market goes down further: SL1 = $5.27 SL2 = $5.04 SL3 = $4.86 SL4 = $4.67 and SL5 = $4.41 Looking at the CHOP indicator, we see that the energy is strongly charged on the 4H interval, while the MACD indicator indicates a local uptrend.
by cryptodailyuk
2
MATIC / USDT 4H chart Targets and StoplossHello everyone, let's look at the 4H MATIC to USDT chart as you can see that the price is moving above the local downtrend line. Let's start by setting goals for the near future that we can take into account: T1 = $0.8757 T2 = $0.8935 T3 = $0.9097 T4 = $0.9250 and T5 =0.9460$ Now let's move on to the stop loss in case the market goes down further: SL1 = $0.8421 SL2 = $0.8098 SL3 = $0.7848 SL4 = $0.7606 and SL5 = $0.7249 Looking at the CHOP indicator, we see that the energy is heavily charged on the 4H time frame, the MACD indicator shows that it is in a local uptrend, while the volume is very low.
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by cryptodailyuk
2
SOL - USDT 4HChart, targets and stoplossHello everyone, let's take a look at the 4H SOL to USDT chart as you can see that it has moved above the downtrend line. Let's start by setting goals for the near future that we can take into account: T1 - $14.78 T2 - $15.38 T3 - $15.84 T4 - $16.28 and T5 - $16.99 Now let's move on to the stop loss in case the market goes down further: SL1 - $13.96 SL2 - $13.34 SL3 - $12.84 SL4 - $12.37 and SL5 - $11.66 Looking at the CHOP indicator, we see that the energy is exhausted on the 4H interval, while the MACD indicator indicates a local uptrend.
by cryptodailyuk
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's look at the 4H DOT to USDT chart as you can see that the price is moving in a sideways trend channel. Let's start by setting goals for the near future that we can take into account: T1 - $5.71 T2 - $5.79 T3 - $5.86 T4 - $5.93 and T5 - $6.04 Now let's move on to the stop loss in case the market goes down further: SL1 - $5.60 SL2 - $5.53 SL3 - $5.48 SL4 - $5.42 and SL5 - $5.34 Looking at the CHOP indicator, we see that the energy is running out on the 4H interval. The MACD indicator indicates that we are in a local downtrend. On the other hand, the RSI indicates that we are quite close to the low and for a period of small accumulation.
by cryptodailyuk
FTM / USDT 4H Interval - Targets and ResistanceHello everyone, let's look at the FTM to USDT chart on a four-hour time frame. As you can see, the price has broken out of the local downtrend line. Let's start with the support line and as you can see the first support is $0.184, if the support is broken then the next support is $0.178, $0.172 and $0.167. Now let's go to the resistance line, as you can see the first resistance is $0.193, if you manage to break it, the next resistance will be $0.198, $0.206 and $0.216, reaching the fourth resistance will give the price an increase of fourteen percent from the current price. Looking at the CHOP indicator, we see that in the four-hour interval we still have a lot of energy for further movement, and the makdi indicator indicates a local uptrend.
by cryptodailyuk
CHZUSDT 1WInterval - Targets and StoplossHello everyone, let's look at the 1W CHZ to USDT chart as you can see that the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can take into account: T1 = $0.208 T2 = $0.237 T3 = $0.279 T4 = $0.335 and T5 = $0.488 Now let's move on to the stop loss in case the market goes down further: SL1 = $0.192 SL2 = $0.163 and SL3 = $0.103 Looking at the CHOP indicator, we see that on the 1W interval, I have a lot of energy for subsequent moves, and the MACD indicator indicates that we are in a downtrend.
by cryptodailyuk
Great fear on the CRO token !!!Hello everyone, let's look at the 4H CRO to USDT chart as you can see that the price is moving in the downtrend channel. Let's start by setting goals for the near future that we can take into account: T1 - $0.0725 T2 - $0.0773 T3 - $0.0819 T4 - $0.0862 and T5 - $0.0917 Now let's move on to the stop loss in case the market goes down further: SL1 - $0.0604 and SL2 - $0.0501 Looking at the CHOP indicator, we see that the energy has been used up on the 4H interval, and the MACD indicator indicates a local downtrend.
by cryptodailyuk
1
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's take a look at the 4H BNB to USDT chart as you can see the price is moving above the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 309 T2 - $ 317 T3 - $ 323 T4 - $ 329 and T5 - $ 338 Now let's move on to the stop loss in case of further market declines: SL1 - $ 289 SL2 - $ 274 SL3 - $ 262 and SL4 - $ 250 Looking at the CHOP indicator, we can see that in the 4H interval, most of the energy was used, and the MACD indicator shows a local upward trend.
by cryptodailyuk
2
CRO / USDT 4H Interval- Targets and StoplossHello everyone, let's take a look at the 4H CRO to USDT chart as you can see the price has returned to our downtrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 0.106 T2 - $ 0.115 T3 - $ 0.123 T4 - $ 0.129 and T5 - $ 0.139 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.087 SL2 - $ 0.075 and SL3 - $ 0.061 Looking at the CHOP indicator, we can see that in the 4H range the energy has been exhausted, while the MACD indicator shows a local downward trend.
by cryptodailyuk
1
AVAXUSDT 1D TARGETS and STOPLOSSHello everyone, let's take a look at the 1D AVAX to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 18.74 T2 - $ 21.01 T3 - $ 23.32 T4 - 25.35 and T5 - $ 28.14 Now let's move on to the stop loss in case of further market declines: SL1 - $ 16.53 SL2 - $ 14.14 SL3 - $ 12.22 SL4 - $ 10.16 and SL5 - $ 7.43 Looking at the CHOP indicator, we can see that in the 1D range the energy has increased significantly, and the MACD indicator shows a downward trend.
by cryptodailyuk
SOL - USDT 4HChart, targets and stoplossHello everyone, let's take a look at the 4H SOL to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 34.91 T2 - $ 35.64 T3 - $ 36.26 T4 - $ 36.83 and T5 - $ 37.69 Now let's move on to the stop loss in case of further market declines: SL1 - $ 33.78 SL2 - $ 32.38 and SL3 - $ 30.66 Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.
by cryptodailyuk
2
LTCUSDT 1D Interval - Targets and StoplossHello everyone, let's take a look at the 1D LTC vs. USDT chart as you can see we managed to come out of the first trend and we are currently moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1- $ 76 T2- $ 87 T3- $ 98 T4-114 $ and T5-134 $ Now let's move on to the stop loss in case of further market declines: SL1- $ 65 SL2- $ 60 SL3-56 $ SL4-52 $ and SL5- $ 47 Looking at the CHOP indicator, we can see that in the 1D range the energy has been used, while the MACD indicator shows an upward trend.
by cryptodailyuk
1