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Stop Loss Importance

UweMoench
Mar 25 at 13:12
326 posts
Yes stop loss is important but if you do not know how to place an effective stop loss, you will get the stop out more often than normal. You need good expertise to place stop loss.

Femilas
Mar 25 at 15:01
30 posts
If we consider a stop loss order from a technical point of view, then it can be compared to a regular pending order, which is activated when the price reaches a given value.

AliaDare
Mar 25 at 15:19
349 posts
Femilas posted:
If we consider a stop loss order from a technical point of view, then it can be compared to a regular pending order, which is activated when the price reaches a given value.

I am also always in favor of using a stop loss. Stop Loss has saved me from many unexpected losses. So I never want to trade without stop loss.

Dictiony
Mar 26 at 01:46
177 posts
Stop-loss mostly used to avoid big loss in our trade and also if we want to get small profit then we also use it.

LukeRachel
Mar 26 at 03:46
46 posts
It is very important to use stop loss to trade by maintaining discipline. Protects to stop-loss account. So I never trade without stop loss. Moreover, to maintain a 1: 2 risk ratio, it is necessary to use a stop loss.

suzannewallace
Apr 08 at 09:44
11 posts
You can probably watch a few videos and read about where to effectively place your stop loss. You will get an idea of it with time and practice.

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