Oct 16 2020 at 07:33
Stop loss is great but best to make sure it is the right size for the trade. No good using a 200 pip stop loss on the 5 minute chart. You will still get huge losses
Nov 09 2020 at 10:03
For me, the best reason to use stop loss is that I don’t have to monitor my trades every now and then. I feel relaxed because it will limit my loss if the market makes an unfavourable move. Do you also use stop loss always?
Nov 09 2020 at 12:33
You have to do some good calculations when using stop loss. Using is anywhere will be equivalent to not using it at all.
Nov 12 2020 at 04:43
You can make use of Stop loss in order to minimize your risk. A lot of traders make use of it and it helps a lot in reducing the chances of a loss.
Nov 12 2020 at 06:05
It is helpful to a lot of traders and they keep using Stop loss from time to time. Make sure you work on it before using it.
Nov 27 2020 at 05:16
I feel that my trades are incomplete without stop loss. It’s been around 2 years now that I am using stop loss in all my trades.
Nov 27 2020 at 07:12
Bladiminmunro posted:
I feel that my trades are incomplete without stop loss. It’s been around 2 years now that I am using stop loss in all my trades.
Even I still trade with stop loss, I just can't handle not to use it and wait for the profit to reach the target and trigger points.
Nov 27 2020 at 09:04
Stop loss is very useful for the new traders to control their losses at the beginning period.
Nov 27 2020 at 11:34
I agree that using stop loss (and some other types of orders, too) is essential if you want to minimize your risks and cut your losses as much as possible.
Nov 27 2020 at 14:55
SL is double edged sword.
If you use too often you will end up with loss
If you do not use enough you will make a big loss.
If you use too often you will end up with loss
If you do not use enough you will make a big loss.
