Stop loss is a part of risk management
Oct 25, 2020 at 12:52
392 Views
5 Replies
Biedrs kopš
751 ieraksti
Oct 25, 2020 at 12:52
Stop loss is a part of risk management. To protect your account from great loss, you need to use stop loss. But to use stop loss effectively is the key. Many traders don't know how to use it. I suggest them to study more.
Biedrs kopš
318 ieraksti
Oct 25, 2020 at 19:34
Stop loss helps the new traders to control; their losses. It is the best toll for the new traders. But to use it, a traderneed to have proper knowledge about this.
Biedrs kopš
788 ieraksti
Oct 26, 2020 at 01:48
Of course, stop loss is a part of risk management. Risk can never be managed without stop loss. If you want to maintain risk, you have to trade with a 1: 2 risk-reward. If the stop loss is 1, then the profit level will be 2. So you can never think of maintaining risk without stop loss.
Biedrs kopš
25 ieraksti
Nov 06, 2020 at 11:50
While trading, money management and risk management can play major roles in helping you save money.
Biedrs kopš
298 ieraksti
Nov 06, 2020 at 12:50
Yes stop loss is important if we do short term trading. It's a part of risk management. Many newbies don't use stop loss and get margin call. Due to lack of knowledge they don't know how to use stop loss effectively.
Biedrs kopš
751 ieraksti
Nov 09, 2020 at 14:16
There is no alternative to risk management. It's not possible to be right 100% of the time. That's why we need to manage our risk so that we do not incur big loss. And using stop loss is one parts of risk management.
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