[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 268 KB, 639x582, 8D65FFD6-7BA6-4913-BB5E-5F18FA1846A9.png [View same] [iqdb] [saucenao] [google]
16944578 No.16944578 [Reply] [Original]

So... you can't actually set a stop loss
*****until the order is filled?****

Yes or no? If yes, that's fucking stupid.

YES OR NO? I have to wait until the order is filled or no?
The answer seems to be yes

>> No.16944592
File: 20 KB, 640x480, 1474036073751.png [View same] [iqdb] [saucenao] [google]
16944592

>>16944578
>he's not a market buying ape
>he uses a stop loss
not gonna make it

>> No.16944607

>>16944592
kek

>> No.16944648

>>16944578
What the hell are you talking about? How would you set a stop loss AFTER an order is filled?

>> No.16944669

>>16944578
stop losses are a very bad idea in crypto. It will crash 10% and close your position, only for it to rebound right away. I've lost money too many times because of volatility and so now I just buy and hold.

>> No.16944718

>>16944648
Do you even know what a stop loss is? Have you even used binance?

Answer both questions, pseudo intellect. Say mo to either and you will show your ignorance

>> No.16944736

>>16944648
Look, stupid. I'll explain it to you. You have obviously never used binance.

It doesnt actually let you set the stop loss before the order is filled. Honestly, I asked hoping I kissed something, but you cant.

You know what? I was about to explain how "stop-limit" and "oco" work.. but as I was typing it out, I realized I would spend a good couple of minutes just texting it out so fuck that. Point is you dont know wtf youre saying

>> No.16944790
File: 31 KB, 840x646, EECC8202-E8BC-4B2B-8328-0A7A9913B075.png [View same] [iqdb] [saucenao] [google]
16944790

>>16944669
After a 10% loss, you get ass raped. I dont worry about btc as I just hold it long term, but trading alts is another story

>> No.16945673

>>16944578
>CZ id
>doesn't know how binance works yet
kek come on big brain, you can figure it out

>> No.16945726

>>16944578
of course you can. you can even use a stop loss to open a position. have you tried it? if so, you did something wrong

>> No.16945742

>>16944669
your stop loss defines your risk in every trade together with your position size. without a stop loss, it's not possible to be consistently profitable as a professional trader. if your stop losses tend to get triggered before the price rebounds, you gotta work on the position of both your entry and the your loss