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Importance of Stop Loss

JamDay
Oct 16 2020 at 07:33
10 ieraksti
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

jimmyneeesham
Nov 09 2020 at 10:03
40 ieraksti
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?

shaunmarsh
Nov 09 2020 at 12:33
65 ieraksti
You have to do some good calculations when using stop loss. Using is anywhere will be equivalent to not using it at all.

Bladiminmunro
Nov 12 2020 at 04:43
59 ieraksti
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.

Mitchelmarss
Nov 12 2020 at 06:05
29 ieraksti
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.

Bladiminmunro
Nov 27 2020 at 05:16
59 ieraksti
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.

ddarko3
Nov 27 2020 at 07:12
59 ieraksti
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.

GeorgeBischof
Nov 27 2020 at 09:04
318 ieraksti
Stop loss is very useful for the new traders to control their losses at the beginning period.

DoraWalletInvest
Nov 27 2020 at 11:34
123 ieraksti
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.

vontogr (togr)
Nov 27 2020 at 14:55
4862 ieraksti
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.

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