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Stop Loss Importance
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Member Since Feb 24, 2020  3 posts gergely577gt Jun 23 at 12:25
Newcomers don’t like to use Stop Loss which is the inevitable part of trading; they have to ensure more about proper using Stop loss. And they should practice demo account for all time besides live account.


Member Since Jun 30, 2020  29 posts Andronn Jul 05 at 03:30
Stop-loss gives us the opportunity to not lose.


Member Since Jul 04, 2020  14 posts Fernando9 Jul 06 at 06:38
SL is a good way to limit your losses. I use it most of the times while trading.


Member Since May 04, 2020  11 posts Mars (MarsGood1) Jul 06 at 07:48
Simple importance is the ability to limit your losses.


Member Since May 04, 2020  11 posts Mars (MarsGood1) Jul 06 at 10:41
Simple importance is the ability to limit your losses.


Member Since Jul 23, 2020  67 posts SofieAndreasen Aug 14 at 17:12
An expert FX trader will always place a stop loss order when making a trade. Some traders dare not comfortable to use stop loss order. If the price trend goes in an unexpected direction, one may lose his/her whole capital.


Member Since Mar 03, 2020  7 posts Philipp (Philipp6525) Aug 17 at 09:12
Using tools such as stop loss and take profit can significantly reduce the risks associated with losing your account.


Member Since Jul 19, 2020  70 posts Michihito Aug 17 at 10:36
Some traders use stop loss some don't. It depends on what strategy and system you are using. For scalping and short term trading stop loss is important. Otherwise you may get margin call if you don't use srop loss.


Member Since Feb 01, 2019  10 posts Jdimitrov Aug 17 at 10:57
I developed an EA and tested it without SL. I have 100% wins for 3 years.................but then my account was wiped out in a week.


Member Since Jul 19, 2020  71 posts UweMoench Aug 17 at 11:45
Yes stop loss is important. Without stop loss you can lose all of your money. You can manually close or put a stop loss but you can not run your loss trade for long, especially in trending market.

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