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first_time
Jan 05 at 11:56
66 príspevkov
cardigan posted:
Stop Loss is very important style to be consider if you do not want your account to get wiped out.

Yes, on point. I made a mistake a while back ago forgetting to put on stop loss and I lost a large amount of bucks for that. Will never make such a mistake again.

Stonesong
Feb 04 at 14:20
100 príspevkov
I think those who initially say that stop-loss is not a good trade, as a result, they understand its expediency and begin to use it.

MichaelEX
Feb 09 at 11:35
48 príspevkov
I never trade without stop loss because this gets you out of your position if the price turns against you. It is a good risk management strategy to use.

forexminded
Feb 09 at 11:57
26 príspevkov
I have understood the importance of stop loss after losing money. So, I consider stop loss as a means of risk management.


Mauk
Feb 09 at 14:36
40 príspevkov
I think you are not the only one who understood the importance and significance of stop loss through the loss of your funds.

Sarjohn
Feb 16 at 08:44
47 príspevkov
Stop loss is very important as a newbie I have never traded without stop loss so that I can’t make any large losses. Even I would suggest that if you don’t have much experience then always trade with a stop loss.

ramirokeller
Feb 24 at 04:28
13 príspevkov
Sarjohn posted:
Stop loss is very important as a newbie I have never traded without stop loss so that I can’t make any large losses. Even I would suggest that if you don’t have much experience then always trade with a stop loss.

Yes, stop loss is quite important for beginners as well as for advanced traders. It is an effective tool for knowing the amount of money you are about to risk in advance. You can plan your risk reward ratio accordingly.

Rassellkarl
Feb 24 at 11:15
36 príspevkov
It is really good for minimising the trading loss and I’ve always been using it for my trades. Even the brokers I use put no such limitation on its use so that’s fine I guess.

LyudmilLukanov
Feb 24 at 13:48
261 príspevkov
Stop loss is the best way to minimize the loss in trading. Every trader should use it.

Sam (Rasperr)
Feb 24 at 15:51
18 príspevkov
Roberto21 posted:
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.

Yeah, if there is anything someone should learn, it is how to set good stop losses.

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