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Stop Loss Importance
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Roberto21

Členem od May 02, 2019  319 zpráv(a,y) Roberto21 Mar 13 at 06:14
We generally know about the importance of Stop Loss, its common but don’t know when it is more appropriate to use above all the beginner traders. When was a newbie I lost my whole amount due to not using SL and after that I have been using this trading approach till even though sometimes I get more confident about the real faction of this Market.

Imamul

Členem od Aug 09, 2017  520 zpráv(a,y) Imamul Mar 13 at 06:33
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. And forum community can be a great source for them to acquire real trading experience in particularly Fx factory and FPa.

Sacha36454

Členem od Mar 13, 2020  4 zpráv(a,y) Sacha36454 Mar 13 at 09:17
Stop Los must still be able to use. as a tool that will help not lose your account.

Ethan63446372

Členem od Mar 13, 2020  3 zpráv(a,y) Ethan63446372 Mar 13 at 09:48
Before, I also did not use stop loss, I wanted to earn more. And as a result, loss of account.


andrew_2

Členem od Jan 10, 2020  37 zpráv(a,y) andrew_2 Apr 10 at 12:00
Once, one of my trader friends said such a thing. The more often you place a stop loss, the more often it will trigger. Sl psychologically tunes you to a negative order.
Therefore I prefer not to set it at all.

Nasrul_Swing

Členem od Feb 28, 2019  137 zpráv(a,y) Nasrul (Nasrul_Swing) Apr 11 at 11:20
andrew_2 posted:
Once, one of my trader friends said such a thing. The more often you place a stop loss, the more often it will trigger. Sl psychologically tunes you to a negative order.
Therefore I prefer not to set it at all.


It depends if u like to loss all of your hard earned money. You can go with no loss strategy.

Eurmas
madquant

Členem od Aug 26, 2019  52 zpráv(a,y) The Mad Quant (madquant) Apr 11 at 12:58
I don't mean discredit other's opinions but here is my take about stop loss.

If your trade lots are 'properly sized', you may never need a stop loss.

To avoid a debate because systems are different per trader, here's a thought experiment which some of you may relate to. How many of your trades have been 'supposedly right' only had it not been 'stopped'? Another one is, how many times have your accounts 'should have been blown' but saved by 'stop loss'?

If you quantify this correctly in terms of profits, then you will know objectively whether your system needs a stop loss or not.

ectan968

Členem od Nov 21, 2017  1 zpráv(a,y) Jon EC (ectan968) Apr 12 at 04:22
andrew_2 posted:
Once, one of my trader friends said such a thing. The more often you place a stop loss, the more often it will trigger. Sl psychologically tunes you to a negative order.
Therefore I prefer not to set it at all.

Agreed.

JapaneseGroupFx

Členem od Feb 28, 2020  77 zpráv(a,y) Profits (JapaneseGroupFx) Apr 12 at 06:14
I don't use stops for smaller deposits and I'm doing fine

Roberto21

Členem od May 02, 2019  319 zpráv(a,y) Roberto21 Apr 16 at 07:47 (editováno Apr 16 at 07:48 )
if any newcomers dont use stop loss, of course he will fall a great loss , because without stop loss it looks a condition , a ship in an ocean without a rudder. so its your choice , take it or leave it.

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