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Placing stop loss

Gracewilson1995
Mar 17 at 13:07
147 príspevkov
Yes it is bit difficult to know where to place but it shud be done where the person thinks she/he can not lose more than this.

Gracewilson1995
Mar 18 at 15:30
147 príspevkov
Stop loss helps in reducing the losses

LukeRachel
Mar 19 at 01:48
197 príspevkov
This is my first post on this forum. I have been trading for a long time so I can express my opinion on this topic based on some experience. I usually try to place stop loss above or below the swing. In this trading style my losing ratio is low.

cathywalsh
Mar 25 at 10:41
11 príspevkov
Yes, placing the stop loss can be a bit complicated for a new trader at first, but if they get a good idea of it, it is a life saver.

garrettlamb
Mar 26 at 05:07
11 príspevkov
Yes, placing stop loss can be tricky but if you get an idea about its proper placement, you can save your trades.

georgequayle
Mar 26 at 11:41
29 príspevkov
garrettlamb posted:
Yes, placing stop loss can be tricky but if you get an idea about its proper placement, you can save your trades.

even when running an EA?

Marketmultitool
Apr 18 at 10:58
69 príspevkov
Some pairs are more stable than others ,thats why its wise to trade 1 pair to begin with ,usually what we do is wait for large spikes placing stop loss instantly as spike happens,must be a larger spike than rest of the trend.Next 3 candles present themselves of possible direction,takes practice of reading the trend to place correct stops.

LyudmilLukanov
Apr 27 at 16:53
461 príspevkov
garrettlamb posted:
Yes, placing stop loss can be tricky but if you get an idea about its proper placement, you can save your trades.

True. It is a good risk management tool. Every trader must use it.

robindude
Apr 28 at 06:16
103 príspevkov
I will never understand traders who do not understand the importance of placing stop loss for their order. I can see why experienced traders sometimes do not do that, but beginner should seriously input their trading style and learn why stop loss is very important.

Fridrike43fr
Apr 28 at 12:33
6 príspevkov
The use of stop loss in trading is a prerequisite. Most of the accounts were lost because the trader was too lazy to place a stop loss.

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