Stop Loss Importance
cardigan
Členom od Jul 27, 2020
66 príspevkov
Aug 18 2020 at 05:29
Stop Loss is very important style to be consider if you do not want your account to get wiped out.
FXTrader
(ahmed124)
Členom od Jan 16, 2014
14 príspevkov
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.
UweMoench
Členom od Jul 19, 2020
218 príspevkov
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.
GeorgeBischof
Členom od Jul 19, 2020
308 príspevkov
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,
AliaDare
Členom od Jul 19, 2020
220 príspevkov
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.
antonyhollinwooe
Členom od Jul 10, 2020
29 príspevkov
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.
GeorgeBischof
Členom od Jul 19, 2020
308 príspevkov
Dec 12 2020 at 09:46
Stop loss is very important for all the new traders to control their losses.
Maitlandniles
Členom od Nov 17, 2020
16 príspevkov
Jan 05 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.
Beagelv
Členom od Jul 27, 2020
38 príspevkov
Jan 05 at 09:23
Some talk about the fact that you can trade without a stop loss from my practice, I will say that it really helps to avoid critical and unnecessary mistakes and losses.