Stop Loss Importance

Mar 13, 2020 at 06:14
Vistas 4,039
85 Replies
Miembro desde Jul 19, 2020   posts 298
Aug 17, 2020 at 10:36
Some traders use stop loss some don't. It depends on what strategy and system you are using. For scalping and short term trading stop loss is important. Otherwise you may get margin call if you don't use srop loss.
Miembro desde Feb 01, 2019   posts 10
Aug 17, 2020 at 10:57
I developed an EA and tested it without SL. I have 100% wins for 3 years.................but then my account was wiped out in a week.
Miembro desde Jul 19, 2020   posts 751
Aug 17, 2020 at 11:45
Yes stop loss is important. Without stop loss you can lose all of your money. You can manually close or put a stop loss but you can not run your loss trade for long, especially in trending market.
Miembro desde Jul 27, 2020   posts 102
Aug 18, 2020 at 05:29
Stop Loss is very important style to be consider if you do not want your account to get wiped out.
Miembro desde Jan 16, 2014   posts 14
Aug 21, 2020 at 16:33
the forex banker traders use SL but they use a ratio of 2:1. That mean your TP should be double the SL. In some case like gbpsnzd gbpaud i use 3:1 since it's volatile.

Follow this rule and you will do fine. Usually you should be able to double your account each year.
Miembro desde Jul 19, 2020   posts 751
Sep 02, 2020 at 10:40
If you are a short term trader stop loss is very important. You can place a stop loss or you can put a stop in your mind but you have to use it. Otherwise in case market goes against you you will get a huge loss. Many new traders get margin call just by not putting any stop loss.
Miembro desde Jul 19, 2020   posts 318
Sep 07, 2020 at 19:12
Stop loss is very important for the new traders to control their losses. It will help them not to lose their confidence,
Miembro desde Jul 19, 2020   posts 788
Sep 08, 2020 at 00:42
Stop loss is very important for many trades. Stop-Loss protects the trader from unexpected moves. It is never possible to manage risk rewards without using a stop loss. Stop Loss must be used to follow Money Management. All in all, it is not possible to follow the trading discipline without stop loss.
Miembro desde Jul 10, 2020   posts 34
Oct 19, 2020 at 11:08
SL is a must to use. I don’t think many traders, especially experienced ones, would be trading without it.
Miembro desde Jul 19, 2020   posts 318
Dec 12, 2020 at 09:46
Stop loss is very important for all the new traders to control their losses.
Miembro desde Nov 17, 2020   posts 19
Jan 05, 2021 at 09:13
Stop loss helps a lot in saving a trader from prospective losses. It can very well help the beginners who have a higher risk of losing.
Miembro desde Jul 27, 2020   posts 81
Jan 05, 2021 at 09:23
Some talk about the fact that you can trade without a stop loss from my practice, I will say that it really helps to avoid critical and unnecessary mistakes and losses.
Miembro desde Jan 11, 2019   posts 147
Jan 05, 2021 at 11:44
stop loss is important as it can help the trader from gng away into further losses.
Miembro desde Jun 22, 2020   posts 77
Jan 05, 2021 at 11:56
cardigan posted:
Stop Loss is very important style to be consider if you do not want your account to get wiped out.
Yes, on point. I made a mistake a while back ago forgetting to put on stop loss and I lost a large amount of bucks for that. Will never make such a mistake again.
Miembro desde May 13, 2020   posts 128
Feb 04, 2021 at 14:20
I think those who initially say that stop-loss is not a good trade, as a result, they understand its expediency and begin to use it.
Miembro desde Jan 21, 2021   posts 48
Feb 09, 2021 at 11:35
I never trade without stop loss because this gets you out of your position if the price turns against you. It is a good risk management strategy to use.
Miembro desde Feb 04, 2021   posts 35
Feb 09, 2021 at 11:57
I have understood the importance of stop loss after losing money. So, I consider stop loss as a means of risk management.

Miembro desde Aug 26, 2020   posts 78
Feb 09, 2021 at 14:36
I think you are not the only one who understood the importance and significance of stop loss through the loss of your funds.
Miembro desde Dec 28, 2020   posts 187
Feb 16, 2021 at 08:44
Stop loss is very important as a newbie I have never traded without stop loss so that I can’t make any large losses. Even I would suggest that if you don’t have much experience then always trade with a stop loss.
Miembro desde Jul 23, 2020   posts 869
Feb 24, 2021 at 13:48
Stop loss is the best way to minimize the loss in trading. Every trader should use it.
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