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Stop Loss Importance
Feb 24, 2021 at 15:51
Uczestnik z Feb 07, 2015
25 postów
Roberto21 posted:Yeah, if there is anything someone should learn, it is how to set good stop losses.
We generally know about the importance of Stop Loss, its common but don’t know when it is more appropriate to use above all the beginner traders. When was a newbie I lost my whole amount due to not using SL and after that I have been using this trading approach till even though sometimes I get more confident about the real faction of this Market.
Sam.peters@
Uczestnik z Jun 08, 2014
120 postów
Feb 25, 2021 at 21:14
Uczestnik z Jun 08, 2014
120 postów
I never use stop loss from trading any market .To control the risk and protect my forex account , the leverage is reduced to 1:5 , the stop loss not using during trading does not mean I don't accept any loss . One of the main advantage of not using the stop loss is that the account will survive any spike if any unexpected events occur . Most of the forex brokers advise their clients to use the stop loss but not the low leverage because the more leverage the traders use , the more commission the brokers make .
Often , the best trade is no trade at all
Uczestnik z Dec 18, 2020
35 postów
Uczestnik z Apr 01, 2020
231 postów
Mar 17, 2021 at 10:13
Uczestnik z Apr 01, 2020
231 postów
It is much important to use stop loss to avoid much loss in forex trading.
Uczestnik z Apr 25, 2020
119 postów
Mar 22, 2021 at 14:39
Uczestnik z Apr 25, 2020
119 postów
Learn to immediately apply and use stop loss correctly, and then you will see how useful it is for trading.
Uczestnik z Jul 19, 2020
751 postów
Mar 25, 2021 at 13:12
Uczestnik z Jul 19, 2020
751 postów
Yes stop loss is important but if you do not know how to place an effective stop loss, you will get the stop out more often than normal. You need good expertise to place stop loss.
Uczestnik z Jul 19, 2020
788 postów
Mar 25, 2021 at 15:19
Uczestnik z Jul 19, 2020
788 postów
Femilas posted:I am also always in favor of using a stop loss. Stop Loss has saved me from many unexpected losses. So I never want to trade without stop loss.
If we consider a stop loss order from a technical point of view, then it can be compared to a regular pending order, which is activated when the price reaches a given value.
Uczestnik z Apr 01, 2020
231 postów
Mar 26, 2021 at 01:46
Uczestnik z Apr 01, 2020
231 postów
Stop-loss mostly used to avoid big loss in our trade and also if we want to get small profit then we also use it.
Uczestnik z Mar 16, 2021
477 postów
Mar 26, 2021 at 03:46
Uczestnik z Mar 16, 2021
477 postów
It is very important to use stop loss to trade by maintaining discipline. Protects to stop-loss account. So I never trade without stop loss. Moreover, to maintain a 1: 2 risk ratio, it is necessary to use a stop loss.
Uczestnik z Jan 08, 2021
12 postów
Uczestnik z Mar 28, 2021
617 postów
Jun 07, 2021 at 04:04
Uczestnik z Mar 28, 2021
617 postów
Placing stop loss is one of the difficult tasks in trading. So many things to consider. Your trading style, risk tolerance capability and good knowledge about support and resistance levels are important to place a stop loss.
Uczestnik z Mar 17, 2021
536 postów
Jun 07, 2021 at 05:54
Uczestnik z Mar 17, 2021
536 postów
Akasuki posted:Yes. Without proper knowledge about SL, it is quite difficult to use it.
Placing stop loss is one of the difficult tasks in trading. So many things to consider. Your trading style, risk tolerance capability and good knowledge about support and resistance levels are important to place a stop loss.
Uczestnik z Nov 03, 2020
65 postów
Uczestnik z May 27, 2021
64 postów
Uczestnik z Jun 04, 2021
5 postów
Jun 08, 2021 at 11:55
Uczestnik z Jun 04, 2021
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
Uczestnik z Jun 08, 2021
9 postów
Uczestnik z Sep 12, 2017
238 postów
Jun 08, 2021 at 17:04
Uczestnik z Sep 12, 2017
238 postów
stop loss is imp no doubt but trailing stop loss is something which is interest and helpful
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