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.
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. 😁😁😁
Nov 21 2020 at 18:18
I think stop loss is very effective for new traders to control their losses.
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.
Nov 27 2020 at 04:33
I know that stop loss is very important in trading. But if you don’t have any knowledge about it, it can be very harmful.
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