채팅을 사용하려면 로그인하십시오.

Importance of Stop Loss

Frank Martin (frankmartin1)
Feb 25 2019 at 07:15
게시물46
Treeny posted:
Some pro traders claim they don't use a stop loss. I find this unbelievable.
LOl 😀 stop loss is very important to success in the currency trading.

How it's possible?

Adribaasmet
Feb 25 2019 at 07:21
게시물994
Professional4X posted:
Treeny posted:
Some pro traders claim they don't use a stop loss. I find this unbelievable.


It depends on what the strategy is actually. I say this, because there are some strategies where a trade stays open regardless of the loss or profit.

For example, if a trader opens multiple trades for EUR/USD, they might just hold the bad trades until the aggregate value of the trade basket indicates a profitability, and then close out the entire position of EUR/USD or whatever they happen to be trading.

In general however, real pro traders know the importance of money management, and the value of using a reasonable SL.

You are right; and it’s not common scenario actually; as I see maximum pro traders are interested on SL since, they know the value of if.

AniLorak
Oct 27 2019 at 17:05
게시물920
When I was a newbie; then I didn’t try SL so willingly; but now I am! Because, I see without SL the journey is so sticky!

ElliotCooke
Aug 31 2020 at 11:52
게시물341
Stop loss is very important for new traders to control their loss. If you don't have the proper knowledge and you want to trade with minimum risks, you should use stop loss to control your risks.

AliaDare
Sep 01 2020 at 01:00
게시물788
A lot of experience of trading is required to use Stop Loss. It is not possible to observe the market 24 hours a day so stop loss has to be used. Stop Loss must be used to target money management or risk management. Stop-loss is a part of good analysis. It is never possible to be a successful trader by trading without stop loss. Because risk cannot be managed without stop loss.

PCube Singapore
forex_trader_[1151190]
Sep 01 2020 at 12:57
게시물17
A trade plan MUST have stop loss. Stop-loss signify 2 things.

1) Acceptance to the market that is going against your idea
2) Proper risk management.

Unless you are 100% accurate, you need a stoploss.

SofieAndreasen
Sep 14 2020 at 00:05
게시물759
AniLorak posted:
When I was a newbie; then I didn’t try SL so willingly; but now I am! Because, I see without SL the journey is so sticky!

That’s quite right. Still some traders don’t know how to place SL perfectly. SL is one of most essential part in trading. So, trader need to learn about it.

radioactive
Sep 14 2020 at 07:21
게시물58
Stop loss is a MUST. You cannot afford to miss it, unless you are so sure when it comes to trading. Sto loss helps to protect you from loss if the market are going the way that you do not want it to go

Pegima (pegima)
Sep 14 2020 at 08:09
게시물22
Stop-loss is one of the most important things in forex trading especially for beginners and for those who do day trading.

vontogr (togr)
Sep 14 2020 at 08:32
게시물4862
SL is the tool to limit your risk. That is for novice traders
More experienced traders are using alos other tools to limit risk like
1 pair hedge
2 pair hedge
3 pairs hedge
equity protection

or trading with very low leverage which limits your profit/loss drastically

LyudmilLukanov
Sep 23 2020 at 17:29
게시물793
pegima posted:
Stop-loss is one of the most important things in forex trading especially for beginners and for those who do day trading.

I agree. I prefer trailing stop loss. If I see a potential trade then I go for trailing SL. Otherwise I use normal SL order.

GeorgeBischof
Sep 23 2020 at 18:48
게시물318
Stop loss is very important for the new traders to deal with their losses.

ProfitsOnly
forex_trader_[1786937]
Sep 24 2020 at 03:32
게시물142
Stop loss or Auto take out of Buy/Sell limits actually help you to have a good risk management and make you compound your profits very well, this is also one of my best strategies, and make my profits consistent.

Amber_0302
Sep 24 2020 at 04:45
게시물54
Stop loss helps you to reduce the chances of loss and helps you to manage the risk.

FXWorkz (Silverthorn)
Sep 24 2020 at 05:24
게시물268
So many BS Bla Bla responses. Yes we've all read the books. For me, I am a very profitable (trader of more than 40 years experience in stocks, commodities and forex) and I only became profitable when I stopped using a stop loss. Now I NEVER use a stop loss. NEVER, ever, ever. My account is my stop loss. I only fund the amount with the TOTAL amount that I am prepared to loose and don't make stupid trades. In other words if I fund an account I am prepared to loose 100% of that account without loosing sleep. Then I go all in on every trade I do make. Because I am all in on every trade I have to refund the account when I loose. I can't and wont add funds to move a Margin call at the last minute. This slows down the decision making process for me and ensures that I have conviction on every trade. You are less likely to make stupid decisions when everything is at stake. So when I'm wrong I'm just simply wrong and I have to accept that. When I'm right I'm leveraged up to the eye balls with all in and ...... KACHING!!$$$$$$$$$

Not the trading style for everyone and a long way from main stream BS that floats around but I'm working about three hours a day for an income that would make your eyes water.


You can't spend open trades.
FXWorkz (Silverthorn)
Sep 24 2020 at 05:50
게시물268
PS... I haven't been a profitable trader all my life. I spent more than 10 years paying my dues and giving a LOT (the cost of a couple of houses worth to be honest) of money to the system before I became profitable. I've been there. Persistence, commitment and tenacity are a traders best qualities. It takes time to find your groove.

You can't spend open trades.
Visser01
Sep 24 2020 at 06:54
게시물15
Amber_0302 posted:
Stop loss helps you to reduce the chances of loss and helps you to manage the risk.

Right, a good way for traders to limit their losses, however, not all traders use it.

vontogr (togr)
Sep 24 2020 at 09:07
게시물4862
Silverthorn posted:
PS... I haven't been a profitable trader all my life. I spent more than 10 years paying my dues and giving a LOT (the cost of a couple of houses worth to be honest) of money to the system before I became profitable. I've been there. Persistence, commitment and tenacity are a traders best qualities. It takes time to find your groove.


SO why dont you publish your results after such long struggle?

FXWorkz (Silverthorn)
Sep 24 2020 at 11:57
게시물268
togr posted:
Silverthorn posted:
PS... I haven't been a profitable trader all my life. I spent more than 10 years paying my dues and giving a LOT (the cost of a couple of houses worth to be honest) of money to the system before I became profitable. I've been there. Persistence, commitment and tenacity are a traders best qualities. It takes time to find your groove.


SO why dont you publish your results after such long struggle?


You've always said the same thing and I'll always give you the same answer I've always given you Buddy.

You can't spend open trades.
vontogr (togr)
Sep 24 2020 at 13:24
게시물4862
Silverthorn posted:
togr posted:
Silverthorn posted:
PS... I haven't been a profitable trader all my life. I spent more than 10 years paying my dues and giving a LOT (the cost of a couple of houses worth to be honest) of money to the system before I became profitable. I've been there. Persistence, commitment and tenacity are a traders best qualities. It takes time to find your groove.


SO why dont you publish your results after such long struggle?


You've always said the same thing and I'll always give you the same answer I've always given you Buddy.

“Each time a person passes by you and you say 'hello', imagine that person turning into a candle. The more positivity, love and light you reflect, the more light is mirrored your way. Sharing beautiful hellos is the quickest way to earn spiritual brownie points. You should start seeing hellos as small declarations of faith. Every time you say hello to a stranger, your heart acknowledges over and over again that we are all family.”

에 댓글을 달려면 로그인하십시오.