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Stop Loss Importance

Alexthetrader
Jun 08 at 09:27
52 postów
Stop loss limits our losses and that's why it is a crucial part of forex trading.

Charmaine (CharmaineDizon)
Jun 08 at 11:55
5 postów
Stop loss is very important! I actually have no idea how traders can trade without it lol. Trading without stop loss is like a guaranteed way to throw your account! Although admittedly, it's a bit challenging to know the optimal stop loss placement because you don't want your stop loss to close our your trades unnecessarily, of course.

“Don’t be afraid to give up the good to go for the great.” – John D. Rockefeller
Killerbee12
Jun 08 at 12:48
9 postów
Stop loss is the single most important thing in trading. next is lot size. everything else is secondary

lovefortrading (perryjohn765)
Jun 08 at 17:04
238 postów
stop loss is imp no doubt but trailing stop loss is something which is interest and helpful

RobSchiz
Nov 03 at 20:41
465 postów
perryjohn765 posted:
stop loss is imp no doubt but trailing stop loss is something which is interest and helpful

Yes. You are right.

Frionson
Nov 27 at 15:25
16 postów
It's pretty difficult to underestimate the necessity of using stop loss. The vast majority of traders don't use it because they think that it restricts their potential income, however it's very important to reduce risks. If you lose the position, it's okay, it's trading and nobody is protected from it.
So, always use the stop loss, as for take profit, then here you have to decide by yourself.

croisssan
Nov 27 at 17:01
500 postów
This tool is really important to use. It should be understood that this is a kind of trader's insurance against losses.

RobertFerrari
Nov 30 at 17:44
224 postów
croisssan posted:
This tool is really important to use. It should be understood that this is a kind of trader's insurance against losses.

It helps a trader to reduce their loss.

kroxobor
Dec 02 at 06:35
8 postów
A stop loss limits a trader from suffering undesirable loss, everytime market moves against him. An additional benefit of using a stop loss is that it frees a trader from any emotional influence. Market can take a quick turn before you could make any decision about whether you want to hold the position or sell.

LarssonWilliams
Dec 02 at 08:12
11 postów
Stop loss is one of the most important tools in trading, not only because it allows us to exit objectively from losing trades, but it also allows us to maintain an adequate money management and maintain optimal risk management.

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