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Many traders think stop loss

Unellene
Sep 17 2021 at 10:59
posts 283
many traders really think so, but only some of them succeed
marcusobrien
Sep 20 2021 at 08:18
posts 44
@Karlos Fandango Stop loss is used to minimize your losses , there is no way a trader cannot like stop loss as it saves their money, especially during a market crash.
RobertFerrari
Sep 21 2021 at 19:15
posts 415
marcusobrien posted:
@Karlos Fandango Stop loss is used to minimize your losses , there is no way a trader cannot like stop loss as it saves their money, especially during a market crash.
Yes. SL helps a trader to minimize his losses.
HinchBago
Sep 22 2021 at 16:15
posts 10
Stop losses cannot be considered as a problem, but they have certain disadvantages. The major con is the fact that SLs are too accurate. I mean that even if you use the levels in order to determine the right place for the stop loss, the price is able to move slightly beyond this threshold and then go back to the area that you've expected.
AliaDare
Sep 23 2021 at 02:22
posts 788
necolesilvers posted:
I prefer to miss a profit than to incur a loss. Going against your risk management strategy can be the biggest mistake in trading. Doing it once, you are likely to make a habit out of it and this can make you a highly indisciplined trader.
Exactly, risk management is very important. And for this, I need to use Stop Loss.
davemack
Sep 24 2021 at 07:23
posts 78
Since the market is open 24/5 and moreover highly volatile , a trade could take a blow at anypoint of time, but with stop loss you can always reduce your losses to bare minimum.
Terentius (Siomo)
Sep 24 2021 at 09:16
posts 20
Volatility and levels that formed, as well as the specifics of the trend, that data can affect my stop loss. I do not set the level for a predetermined number of pips, but I am based on the market. I think this is correct.
croisssan
Sep 24 2021 at 16:15
posts 939
It often happens that traders can simply misinterpret this tool.
skihav
Sep 24 2021 at 16:37
posts 801
The problem is clearly that many people simply do not fully know how to use it correctly.
AliaDare
Sep 24 2021 at 16:57
posts 788
Frionson posted:
Definetely stop loss isn't a real problem. Of course, some traders might claim that it's very inconvenient and it brings potential profits from you, however I bet the biggest amount of traders would lose everything in a couple of trading days if there was no stop loss actually. If you're skilled and experienced enough, so you can try to trade without stop loss, but you have to monitor your deals all the time, which isn't recommended for traders mostly because there is a big chance to overtrade. So, I believe that stop loss is a problem only for those traders who can't understand its necessity.
Yes, stop loss is not a problem. Those who are experienced traders give a lot of importance to stop loss. The percentage of profit from their loss is much higher.
RobertFerrari
Nov 30 2021 at 18:20
posts 415
skihav posted:
The problem is clearly that many people simply do not fully know how to use it correctly.
Yes. I agree with you. Most traders don't know how to use it.
LucianVince
Dec 08 2021 at 07:30
posts 34
Stop loss is important because it can help traders to limit their losses. However it is important to understand the right placement of a stop loss.
Chelsea Blacks (blackChelsea)
Dec 08 2021 at 08:14
posts 125
Stop loss shows the amount on risk a trader can take. It can vary according to the lot and the pair you are trading on.
kroxobor
Dec 10 2021 at 07:20
posts 34
Placing a stop loss at the right position is very important. I usually prefer to set a stop loss at the support levels and if the markets are moving aggressively, I set a reasonably tight stop loss. And if there isn't much movement then my stop loss is a few more pips wider.
RobertFerrari
Dec 11 2021 at 05:25
posts 415
blackChelsea posted:
Stop loss shows the amount on risk a trader can take. It can vary according to the lot and the pair you are trading on.
Stop loss is very useful for a trader. It helps to minimize the risks.
UweMoench
Dec 21 2021 at 02:01
posts 751
Personally I do make use of stop loss its a good tools to secure my trade and keep my trade in a condition which is what every trader need so always we need to try and protect our equity and margin from depreciation
Nakedize
Dec 27 2021 at 05:52
posts 46
I don’t see trading without a stop loss a problem. The purpose of a stop loss is to minimise risk. It’s part of risk management. All beginners shouldn’t trade without a stop loss.
RobertFerrari
Dec 27 2021 at 09:26
posts 415
kroxobor posted:
Placing a stop loss at the right position is very important. I usually prefer to set a stop loss at the support levels and if the markets are moving aggressively, I set a reasonably tight stop loss. And if there isn't much movement then my stop loss is a few more pips wider.
Yes. you are right. For this, you need proper knowledge and skills about SL.
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