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Stop Loss Importance
Uczestnik z Jul 19, 2020
310 postów
Aug 17, 2020 at 10:36
Some traders use stop loss some don't. It depends on what strategy and system you are using. For scalping and short term trading stop loss is important. Otherwise you may get margin call if you don't use srop loss.
Uczestnik z Jul 19, 2020
749 postów
Aug 17, 2020 at 11:45
Yes stop loss is important. Without stop loss you can lose all of your money. You can manually close or put a stop loss but you can not run your loss trade for long, especially in trending market.
Aug 21, 2020 at 16:33
the forex banker traders use SL but they use a ratio of 2:1. That mean your TP should be double the SL. In some case like gbpsnzd gbpaud i use 3:1 since it's volatile.
Follow this rule and you will do fine. Usually you should be able to double your account each year.
Follow this rule and you will do fine. Usually you should be able to double your account each year.
Uczestnik z Jul 19, 2020
749 postów
Sep 02, 2020 at 10:40
If you are a short term trader stop loss is very important. You can place a stop loss or you can put a stop in your mind but you have to use it. Otherwise in case market goes against you you will get a huge loss. Many new traders get margin call just by not putting any stop loss.
Uczestnik z Jul 19, 2020
283 postów
Sep 07, 2020 at 19:12
Stop loss is very important for the new traders to control their losses. It will help them not to lose their confidence,
Uczestnik z Jul 19, 2020
742 postów
Sep 08, 2020 at 00:42
Stop loss is very important for many trades. Stop-Loss protects the trader from unexpected moves. It is never possible to manage risk rewards without using a stop loss. Stop Loss must be used to follow Money Management. All in all, it is not possible to follow the trading discipline without stop loss.
Uczestnik z Jul 10, 2020
32 postów
Oct 19, 2020 at 11:08
SL is a must to use. I don’t think many traders, especially experienced ones, would be trading without it.
Uczestnik z Jul 19, 2020
283 postów
Dec 12, 2020 at 09:46
Stop loss is very important for all the new traders to control their losses.
Uczestnik z Nov 17, 2020
17 postów
Jan 05, 2021 at 09:13
Stop loss helps a lot in saving a trader from prospective losses. It can very well help the beginners who have a higher risk of losing.
Uczestnik z Jan 11, 2019
140 postów
Jan 05, 2021 at 11:44
stop loss is important as it can help the trader from gng away into further losses.
Uczestnik z Jun 22, 2020
69 postów
Jan 05, 2021 at 11:56
cardigan posted:
Stop Loss is very important style to be consider if you do not want your account to get wiped out.
Yes, on point. I made a mistake a while back ago forgetting to put on stop loss and I lost a large amount of bucks for that. Will never make such a mistake again.
Uczestnik z May 13, 2020
119 postów
Feb 04, 2021 at 14:20
I think those who initially say that stop-loss is not a good trade, as a result, they understand its expediency and begin to use it.
Uczestnik z Feb 04, 2021
32 postów
Feb 09, 2021 at 11:57
I have understood the importance of stop loss after losing money. So, I consider stop loss as a means of risk management.
Uczestnik z Dec 28, 2020
167 postów
Feb 16, 2021 at 08:44
Stop loss is very important as a newbie I have never traded without stop loss so that I can’t make any large losses. Even I would suggest that if you don’t have much experience then always trade with a stop loss.
Uczestnik z Jul 23, 2020
816 postów
Feb 24, 2021 at 13:48
Stop loss is the best way to minimize the loss in trading. Every trader should use it.
