Stop Loss

Sep 03, 2018 at 08:42
Przeglądane 3,086
67 Replies
Uczestnik z Jul 03, 2019   5 postów
Jul 03, 2019 at 07:53
AmDiab posted:
frankmartin1 posted:
A stop loss is very important for fund security. A stop-loss order is developed to reduce a trader's loss on a position in a security. A stop-loss order eliminates emotions that can impact trading decisions.

No doubt on the value of SL; but we traders need to set the SL according to the market’s situations instead of our own choice! That’s the Moto of SL.

My motto of SL is to use both favorable expectation (market's situation and affordable loss), otherwise don't trade in that time to avoid greed. critical one
Uczestnik z Jul 03, 2019   10 postów
Jul 03, 2019 at 10:05
I use stop loss as a percentage of the ATR. If For daily I use 100%, 4 hourly I use 50% and 1 hourly 25%
Uczestnik z Jan 16, 2019   1 postów
Jul 03, 2019 at 23:46
The ATR is the best indicator to use for SL and TP and the only one to use for trading forex[ SL 1.5 x ATR for all timeframes] hope this of help!
Trade small low DD
Uczestnik z Jul 09, 2019   38 postów
Jul 12, 2019 at 10:50
Stop loss is an amazing order type that helps you to safeguard yourself against potential losses from trade. It lets the buyer buy or sell a stock automatically, once a particular set price is achieved. It is a way to limit the trader’s losses. For instance, if you have applied a stop loss at about 15% below the buying price, then your loss is limited to 15%. you cannot incur a loss more than 15%.

Setting up a stop loss while trading has both advantages and disadvantages.

ADVANTAGES
    • you don't have to keep a constant watch on your stock’s position.
    • You are safeguarded against big losses by setting a stop loss.

DISADVANTAGES
    • this type of order cannot be placed on all types of securities.
    • If the stop loss is set at a price too close to the current price, the deal may get triggered and an unnecessary sale may take place.
Uczestnik z Feb 22, 2011   4862 postów
Jul 12, 2019 at 11:30
lavis_book posted:
Stop loss is an amazing order type that helps you to safeguard yourself against potential losses from trade. It lets the buyer buy or sell a stock automatically, once a particular set price is achieved. It is a way to limit the trader’s losses. For instance, if you have applied a stop loss at about 15% below the buying price, then your loss is limited to 15%. you cannot incur a loss more than 15%.

Setting up a stop loss while trading has both advantages and disadvantages.

ADVANTAGES
    • you don't have to keep a constant watch on your stock’s position.
    • You are safeguarded against big losses by setting a stop loss.

DISADVANTAGES
    • this type of order cannot be placed on all types of securities.
    • If the stop loss is set at a price too close to the current price, the deal may get triggered and an unnecessary sale may take place.

Stop loss is not order type. Order types are buy/sell stop/limit.
SL is parameter of such order. It is not mandatory and there are also other ways to close trades.

SL is not only helpfull but is is also dangerous as it can close trade in loss ofter causing actual loss to your account.
Determining the proper SL is one of the most important part of trading plan.
Uczestnik z Apr 18, 2017   920 postów
Jul 14, 2019 at 07:50
togr posted:
lavis_book posted:
Stop loss is an amazing order type that helps you to safeguard yourself against potential losses from trade. It lets the buyer buy or sell a stock automatically, once a particular set price is achieved. It is a way to limit the trader’s losses. For instance, if you have applied a stop loss at about 15% below the buying price, then your loss is limited to 15%. you cannot incur a loss more than 15%.

Setting up a stop loss while trading has both advantages and disadvantages.

ADVANTAGES
    • you don't have to keep a constant watch on your stock’s position.
    • You are safeguarded against big losses by setting a stop loss.

DISADVANTAGES
    • this type of order cannot be placed on all types of securities.
    • If the stop loss is set at a price too close to the current price, the deal may get triggered and an unnecessary sale may take place.

Stop loss is not order type. Order types are buy/sell stop/limit.
SL is parameter of such order. It is not mandatory and there are also other ways to close trades.

SL is not only helpfull but is is also dangerous as it can close trade in loss ofter causing actual loss to your account.
Determining the proper SL is one of the most important part of trading plan.

Basically, traders need to use the SL & TP according to the market situation! Having a fixed target on SL would be more dangerous!
Uczestnik z Aug 05, 2019   7 postów
Aug 06, 2019 at 17:09
The Stop Loss is a great tool that I personally use in my operations but you can’t ask what is the exact amount you need to set, it all depends on how much loss you are willing to assume in a particular operation by guiding you by your statement of account and the volume you want to establish in the movement.
Uczestnik z Feb 22, 2011   4862 postów
Aug 07, 2019 at 06:41
AniLorak posted:
togr posted:
lavis_book posted:
Stop loss is an amazing order type that helps you to safeguard yourself against potential losses from trade. It lets the buyer buy or sell a stock automatically, once a particular set price is achieved. It is a way to limit the trader’s losses. For instance, if you have applied a stop loss at about 15% below the buying price, then your loss is limited to 15%. you cannot incur a loss more than 15%.

Setting up a stop loss while trading has both advantages and disadvantages.

ADVANTAGES
    • you don't have to keep a constant watch on your stock’s position.
    • You are safeguarded against big losses by setting a stop loss.

DISADVANTAGES
    • this type of order cannot be placed on all types of securities.
    • If the stop loss is set at a price too close to the current price, the deal may get triggered and an unnecessary sale may take place.

Stop loss is not order type. Order types are buy/sell stop/limit.
SL is parameter of such order. It is not mandatory and there are also other ways to close trades.

SL is not only helpfull but is is also dangerous as it can close trade in loss ofter causing actual loss to your account.
Determining the proper SL is one of the most important part of trading plan.

Basically, traders need to use the SL & TP according to the market situation! Having a fixed target on SL would be more dangerous!

SL is like meregncy exit.
The thing is when you are too carefull and submitting too tight SL, it will be hit often and thus resulting in loss of capital
Uczestnik z Jul 31, 2019   12 postów
Aug 07, 2019 at 10:24
I don't use stop loss. I close trade only when I get a chart pattern in opposite direction to that of which I am in. This means that I am always in the market when I close a long trade I open a short trade
Uczestnik z Aug 09, 2017   785 postów
Aug 14, 2019 at 17:08
We loss for many reasons , one of the most common reason is immature trading plan or target , this approach always make us emotional and greedy , as a result we trade here at random and become loser . we it is more appropriate to make trading plan according to practical situations.
Uczestnik z Jan 05, 2016   1189 postów
Aug 14, 2019 at 22:11
BBBLack posted:
I don't use stop loss. I close trade only when I get a chart pattern in opposite direction to that of which I am in. This means that I am always in the market when I close a long trade I open a short trade

And how will you handle a massive negative spike against the account? Think about what happened with CHF a few years ago. Without some sort of SL your account would be wiped out. Even if it isn't a massive 3000 PIP price move, can your account easily absorb a sudden 500 pip price move against it? And if so, why would you want that to happen? How close to a margin call would you get? Think about it... trading without any SL to protect your account is irresponsible.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Uczestnik z Aug 09, 2017   785 postów
Aug 19, 2019 at 09:25
only we can learn when making a loss , and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.
forex_trader_565984
Uczestnik z Oct 08, 2018   144 postów
Aug 19, 2019 at 10:53
Imamul posted:
only we can learn when making a loss , and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.
Making a loss is good for brokers and other market participants who make profit out of that loss and not for the trader.

If someone is successful in demo with a really working strategy, then there should not be any question why he is not successful in live account.

Success in demo and failure in live commonly indicates random trading or emotion based trading.
Uczestnik z Apr 18, 2017   718 postów
Aug 23, 2019 at 15:24
Q_FxTrader posted:
Imamul posted:
only we can learn when making a loss , and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.
Making a loss is good for brokers and other market participants who make profit out of that loss and not for the trader.

If someone is successful in demo with a really working strategy, then there should not be any question why he is not successful in live account.

Success in demo and failure in live commonly indicates random trading or emotion based trading.

Yes; emotion plays an important role! In addition; this is why new traders need to use small demo account like 100 to 200$!
Uczestnik z Aug 09, 2017   785 postów
Sep 19, 2019 at 11:11
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Uczestnik z Apr 18, 2017   920 postów
Sep 25, 2019 at 14:38
Imamul posted:
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme

That’s the reality; there is no Forex trainer as like others profession; this is why it’s always challenging as well as boring!
Uczestnik z Jul 31, 2019   28 postów
Sep 30, 2019 at 08:51
Well even I set my SL that ways, what’s wrong in that? Having a fixed SL, I don’t think is that preferable.
Uczestnik z Aug 27, 2017   994 postów
Sep 30, 2019 at 10:22
jakes90 posted:
Well even I set my SL that ways, what’s wrong in that? Having a fixed SL, I don’t think is that preferable.

What’s the way of setting your SL in trading? You mentioned earlier?
Uczestnik z Aug 09, 2017   785 postów
Oct 02, 2019 at 04:31
its the main challenge when having a losses , generally after having a losses from trade we become emotional and trade over and over , we lost our motive and mind , as a result become loser. its more appropriate to become cool when having a loss and stop trading for a while.  
Uczestnik z Feb 22, 2011   4862 postów
Oct 02, 2019 at 06:47
Setting stop loss is common way to protect your account from losses.
Wrong usage like too tight stop losses leads indeed to losses on your account.
There are other more sophisticated ways to protect your equity, of course the ones I am using :)
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