Bewertung: Full Star Full Star Full Star Full Star Empty Star
7 Benefits of using stoplosses
Zurück 1 2 3 4 5 Nächste
systemafx

Mitglied seit Dec 07, 2010  197 Beiträge We-Trading (systemafx) Aug 24 at 21:28
Stop Loss ... stop your emotions

Spread Trading on CFD and Forex
togr

Mitglied seit Feb 22, 2011  4831 Beiträge vontogr (togr) Aug 25 at 13:22
Actually do not confuse stop loss with stopping a loss.
SL is actually loss. It close trade at defined level and decrease your balance and restore your equity.
Yeah it is necesarry to do sometimes. But be carefull usng too much of stop losses will bring you gues what?
Too much loss on your account.

LongVision

Mitglied seit Apr 06, 2018  254 Beiträge LongVision Aug 25 at 15:25
Stoploss is must but where to put stoploss depend upon type of strategy.

1.For trend following strategy small Stoploss should be used.
2.For countertrend strategy large Stoploss should be used as a protective stop in such a way that trading position survives say 95% of time.

The market will trade through it’s path of least resistance .
Dictiony

Mitglied seit Apr 01, 2020  130 Beiträge Dictiony Aug 26 at 00:53
Fixed stop loss strategies are popular because they make the thought and decision-making process much easier.

Michihito

Mitglied seit Jul 19, 2020  133 Beiträge Michihito Aug 29 at 05:13
Yes you are right. For short term traders stop loss is very important. It helps a trader to reduce his risk. But it needs good experience to place a well calculated stop loss. Otherwise you will hit stop loss if you don't know how to where to place a stop loss.

SofieAndreasen

Mitglied seit Jul 23, 2020  139 Beiträge SofieAndreasen Sep 03 at 14:43
TraderProHungary posted:
1; It allows you to grow your profits by gradually without everything you earn, e.g. If you make profits if let's say $500 you can risked $50 from it to chase more profits by using stoploss to that effect.
2; It allows you to control and check your drawdown to minimum, personally I hate d rawdowns above 20%, so i avoid it at all cost by planning my trades with stoplosses well placed.

3: It allows you to have a very good money management.

4; With stoplosses well placed, you can always control your emotions of not letting floatings of huge negative openings.
5; You don't have to worry about spikes, as your accounts are protected by it.

6; You can always plan and know how much you stand to loss if things goes opposit, and if you are not kind traders that stays full staring on their trading computers all day.
7: This is my favourite part, Stoploss can actually allow you to risk very little and gain more if only you are a patient trader and always plan well. E.g When you have $1k, You can risk $50 and target to earn $250 and above or Risk $100 and target 500 and above.

Questions are welcomed


Yeah, stop loss is important for good money and risk management. However, I prefer trailing stop loss. It reduces my loss significantly.

AliaDare

Mitglied seit Jul 19, 2020  149 Beiträge AliaDare Sep 04 at 00:56
There are many types of stop-loss benefits. Many traders who do not use stop loss face unexpected losses for this reason. Those who use stop-loss are usually within the discipline. Money management and risk management cannot be followed without using a stop loss. If a trader wants to be successful in trading, he must use stop loss.

russellgutierrez

Mitglied seit Jun 03, 2020  27 Beiträge Russel Gutierrez (russellgutierrez) Oct 07 at 06:50
The main benefit of stop loss is you don’t have to monitor your trades all the time and it limits your losses. You have a better control of your account and a proper money management.

lauranutt

Mitglied seit Jul 15, 2020  25 Beiträge lauranutt Oct 07 at 06:52
A stop loss order is an order to close a position at a certain price point/percentage in order to limit one's losses.

systemafx

Mitglied seit Dec 07, 2010  197 Beiträge We-Trading (systemafx) Oct 07 at 07:41
LongVision posted:
Stoploss is must but where to put stoploss depend upon type of strategy.

1.For trend following strategy small Stoploss should be used.
2.For countertrend strategy large Stoploss should be used as a protective stop in such a way that trading position survives say 95% of time.


I think that is the opposite

Spread Trading on CFD and Forex
Zurück 1 2 3 4 5 Nächste
Loading
Loading
EURUSD 1.1845 GBPUSD 1.33276
USDJPY 104.54 USDCAD 1.30615

Werkzeuge

Gemeinschaft

Beiträge

Broker

Plattform

Unterstützung


Twitter |  Facebook |  Seitenübersicht  |  Bedingungen  |   Datenschutzbestimmungen
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.