Become a crypto master

Become a crypto master

Learn everything about crypto,
trading and bots

Learn everything about crypto, trading and bots
Guides

How to protect your Stop Loss during rapid trend reversal

NOV 28, 2019
2 MIN

Free access for 3 days

Full-access to our PRO plan, no credit card required

Problem

How many times have you seen a price rally just after your Stop Loss triggered and closed your position?

This is how large players, aka Whales, shake weak hands and panic sellers. They buy low just before a trend reversal while sellers are too scared to jump back in the market.

As this happens frequently, we developed another tool to protect your trades – The Stop Loss Timeout setting.

How Stop-Loss Timeout Works

The Stop Loss Time-Out function is available in both Bots and Smart trade:

Configure Stop Loss timeout

While some traders lose, others gain when whales shake weak hands and clean Stop Losses, especially around major Fibonacci levels

Free access for 3 days

Free access for 3 days

Full-access to PRO plan, no credit card required

Full-access to PRO plan, no credit card required