Importance of Stop Loss
Robot4you (swingtraderloke)
Členom od May 31, 2020
1 príspevkov
Nov 28, 2020 at 17:57
I never use SL. I just use TP.
Členom od Jul 23, 2020
869 príspevkov
Nov 29, 2020 at 07:44
GeorgeBischof posted:I think stop loss is essential for all trader. Trading without SL is kind of suicide in trading. you may blow your account in time.
Stop loss is very useful for the new traders to control their losses at the beginning period.
Barter 7 (Barter7)
Členom od Nov 08, 2019
8 príspevkov
Nov 29, 2020 at 09:27
(upravené Nov 29, 2020 at 09:28)
LyudmilLukanov posted:GeorgeBischof posted:I think stop loss is essential for all trader. Trading without SL is kind of suicide in trading. you may blow your account in time.
Stop loss is very useful for the new traders to control their losses at the beginning period.
you can try study my trading records as where I didn't use stop lost to control my lost at all, but I do use it as to secure my profit. Just my own experience to share.
For beginer, yeah it does help but I rather the beginner to control of their trading lotsize to control their risk instead of using stop lost to controlling the lost
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