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Roberto21
Mar 13 2020 at 06:14
343 Beiträge
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
Mar 13 2020 at 06:33
536 Beiträge
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
Mar 13 2020 at 09:17
4 Beiträge
Stop Los must still be able to use. as a tool that will help not lose your account.

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


andrew_2
Apr 10 2020 at 12:00
37 Beiträge
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 (Nasrul_Swing)
Apr 11 2020 at 11:20
137 Beiträge
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.

The Mad Quant (madquant)
Apr 11 2020 at 12:58
52 Beiträge
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.

Jon C (ectan968)
Apr 12 2020 at 04:22
1 Beiträge
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.

Profits (JapaneseGroupFx)
Apr 12 2020 at 06:14
77 Beiträge
I don't use stops for smaller deposits and I'm doing fine

Roberto21
Apr 16 2020 at 07:47
343 Beiträge
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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