Stop loss is a killer if
Stop loss is a killer if you do not use it properly. You should risk reward ratio of your strategy. In ranging market it seems price comes back again. But if the market trend for long and if you against the trend you will eventually get the margin call.
EbonyJones
Member Since Jul 20, 2020
220 posts
Nov 14 2020 at 12:36
Yes. Without proper knowledge about stop loss, you can not use it. It will become a dangerous thing if you have no knowledge about it.
Stop loss is a killer if... it is one pip away from your entry. 😁😁😁
GeorgeBischof
Member Since Jul 19, 2020
308 posts
Nov 21 2020 at 18:18
I think stop loss is very effective for new traders to control their losses.
SofieAndreasen
Member Since Jul 23, 2020
220 posts
Nov 22 2020 at 17:27
Many traders lose opportunity to make profit from potential trade due to wrong SL placement. Support and resistance level are important regrading SL placement.
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