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Stop Loss Importance

Seb King (sebking1986)
Dec 02 2021 at 10:30
502 投稿
Regardless of your level as a trader we cannot ever 100% know the direction of the market so a SL is a MUST in all trades we take and is part of any sensible risk management strategy.
If you can't spot the liquidity then you are the liquidity.
forextrader777
Dec 02 2021 at 11:05
133 投稿
A stop loss is a way to get out of a position when your trading idea was wrong, a worst case scenario. Therefore a stop loss should be placed there where you know your idea didn’t work.
UweMoench
Dec 02 2021 at 12:48
751 投稿
Placing stop loss is one of the difficult tasks in trading. So many things to consider. Your trading style, risk tolerance capability and good knowledge about support and resistance levels are important to place a stop loss.
skihav
Dec 02 2021 at 14:08
801 投稿
I believe that this tool is the most important for work. In addition, if used correctly, large losses can actually be avoided.
UweMoench
Dec 05 2021 at 17:19
751 投稿
Yes if you are a scalper or short term trader stop loss is very important. Otherwise in volatile market it would be difficult to trade. But if you can make consistent money without using SL, you can do it.
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