🚫💥 Why I Quit Using Stop Loss – and What I Do Instead 💥🚫
I know this might sound crazy to most traders, but I’ve officially STOPPED using stop-loss orders in my trading strategy on Binance 🛑📉
Here’s why:
🔁 I was getting stopped out way too often – right before the price reversed.
📊 Quick wicks would hit my SL, I’d take the loss, then boom 💥… price moved in my original direction. Frustrating!
💡 I realized:
⚔️ Market makers hunt stop losses.
They know where retail traders place them – and use that liquidity.
🌊 Crypto is volatile by nature.
Tight SLs don’t survive normal 3-5% swings.
🧠 Emotions ruin good trades.
SLs were triggering panic. Now I focus on logic, not fear.
So what do I do now instead? 🤔👇
✅ I analyze higher timeframes (1D, 4H) to understand the bigger trend.
✅ I use alerts to get notified when price enters my risk zone.
✅ I manage risk with position sizing, not tight SLs.
✅ I set mental stop-losses and exit manually when my bias is invalidated.
✅ I always trade with capital I can afford to risk.
🛠️ I'm not saying stop losses are useless – but they’re not for every strategy. If you're tired of getting wicked out, it might be time to rethink your approach. 🎯
Trade smart. Trade safe. 🚀
