Recently, I’ve been pondering a question—what exactly is the art of setting stop-losses?
Last night, I opened two short positions at the same time. One was on ONDO, where I saw a 17% large unlock and decided to enter decisively; the other was on CC, because it broke through a key support level, so I followed with a short. Both prices fell, but the processes were completely different.
For ONDO, I set a 0.4 stop-loss, almost hit it, but finally dropped overnight without incident. However, CC wasn’t so lucky—once I set the stop-loss, the price immediately hit it, and I was stopped out. It then continued to make new lows. When I saw the email notification in the morning, I really felt uncomfortable.
This made me start to get tangled. Sometimes I think, maybe I shouldn’t set a stop-loss at all? Maybe if I hold on, the outcome will be different. But then I think, what if an extreme market occurs, and I wake up to find my account wiped out? That would be the end. So now I habitually set stop-losses; otherwise, I can’t sleep well.
Have you ever felt like you’re being "played"? Like you set your stop-loss, and the price just zigs right to it; you decide to hold on stubbornly, and it ends up blowing you out.
Later, I realized one thing: taking profit is about choosing where to get off the train, and stop-loss is essentially about choosing where to get on. The art of stop-loss is really about finding that most reasonable entry point—giving yourself some breathing room, but not being naive enough to risk a suicidal knife.
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ThatsNotARugPull
· 6h ago
Oh man, CC's move was really a classic cut-loss moment. As soon as I stop the loss, it drops even further. So frustrating.
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ShitcoinConnoisseur
· 6h ago
Haha, CC's move was really brilliant. As soon as the stop-loss was set, it was hit immediately, and it turned around to make a new low. If this isn't a setup, what is?
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AirdropBlackHole
· 6h ago
Can't hold it anymore, CC this wave was really a precise headshot, I've experienced many times setting the stop-loss price and then diving in.
People can't be without stop-loss, but they also can't rely too much on it. Finding the right balance is truly difficult.
Holding on stubbornly and using stop-loss are like betting on probabilities; sometimes the odds are really not worth it.
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LiquidityWitch
· 6h ago
Being stopped out and watching it continue to fall is really despairing, it feels like being played by the market.
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That's why I prefer to hold my positions rather than trust stop-losses; as long as the account is still there, there's hope.
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Setting stop-losses too tight makes you vulnerable to washouts, setting them too wide is pointless, there's really no solution.
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ONDO's smooth sailing was just luck, CC's was bad luck, bouncing back and forth is unbearable for anyone.
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The most incredible thing is what you said, that stop-loss is just choosing a buy-in point; I never thought of it from that perspective, there's some truth to it.
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Opening orders at the same time—one with explosive luck, another being wiped out as a rookie—yet people still can't understand how the market chooses.
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Holding on stubbornly without being able to avoid liquidation is so painful; you still need to develop a psychological mindset for stop-losses.
Recently, I’ve been pondering a question—what exactly is the art of setting stop-losses?
Last night, I opened two short positions at the same time. One was on ONDO, where I saw a 17% large unlock and decided to enter decisively; the other was on CC, because it broke through a key support level, so I followed with a short. Both prices fell, but the processes were completely different.
For ONDO, I set a 0.4 stop-loss, almost hit it, but finally dropped overnight without incident. However, CC wasn’t so lucky—once I set the stop-loss, the price immediately hit it, and I was stopped out. It then continued to make new lows. When I saw the email notification in the morning, I really felt uncomfortable.
This made me start to get tangled. Sometimes I think, maybe I shouldn’t set a stop-loss at all? Maybe if I hold on, the outcome will be different. But then I think, what if an extreme market occurs, and I wake up to find my account wiped out? That would be the end. So now I habitually set stop-losses; otherwise, I can’t sleep well.
Have you ever felt like you’re being "played"? Like you set your stop-loss, and the price just zigs right to it; you decide to hold on stubbornly, and it ends up blowing you out.
Later, I realized one thing: taking profit is about choosing where to get off the train, and stop-loss is essentially about choosing where to get on. The art of stop-loss is really about finding that most reasonable entry point—giving yourself some breathing room, but not being naive enough to risk a suicidal knife.