Stop loss is a killer if
Členom od Jul 19, 2020
751 príspevkov
Oct 11, 2020 at 14:24
Stop loss is a killer if you do not use it properly. You should risk reward ratio of your strategy. In ranging market it seems price comes back again. But if the market trend for long and if you against the trend you will eventually get the margin call.
Členom od Jul 19, 2020
788 príspevkov
Oct 12, 2020 at 01:14
Context is an important part of the Forex market. It is very difficult to make a profit from trading if you have no idea about the market context. Whether the market is in trendy momentum or volatile momentum can be understood by market context. Protects stop-loss trading. Risk cannot be maintained without stop loss.
Členom od May 13, 2020
128 príspevkov
Oct 12, 2020 at 06:55
You are absolutely right, no profitable trading will work if you do not understand what it is.
Členom od Jul 20, 2020
232 príspevkov
Oct 18, 2020 at 21:37
Yes, you are right. If you don't use the stop loss properly, you can face a big loss.
Členom od Jun 10, 2020
37 príspevkov
Oct 19, 2020 at 11:10
Like everything else in trading, you got to understand where to place stop loss.
Členom od Jul 23, 2020
869 príspevkov
Nov 09, 2020 at 15:55
barbarawright posted:Support and resistance level are the main aspect of stop loss. So, learn about those two first.
Like everything else in trading, you got to understand where to place stop loss.
Členom od Jul 19, 2020
788 príspevkov
Nov 10, 2020 at 00:54
Of course, you're right, if you don't know what you're doing then I don't know how to make a profit.
Členom od Jul 19, 2020
298 príspevkov
Nov 10, 2020 at 11:58
Yes I agree with you. Many traders put stop loss by counting pips. But that's not a good idea to place stop loss. To place stop loss we need to good knowledge about support and resistance.
Členom od Jun 30, 2020
90 príspevkov
Nov 30, 2020 at 10:13
Correct and reasonable application of it is really the result that you expect and will help to avoid many risks.
Členom od Jul 23, 2020
759 príspevkov
Nov 30, 2020 at 17:09
Ericdier752 posted:However, some traders prefer to trade without any stop loss which is quite unreasonable.
You are absolutely right. Every trader should know how to use stop loss properly.
Členom od Apr 09, 2020
26 príspevkov
Dec 01, 2020 at 07:26
Stop loss is primarily a tool that you need to know how to use. Like any other tool. For example, you can take a hammer and use it to hammer in a nail. But if you don't know how to use it, you will hurt your finger. It's the same here. Stop loss placed at the wrong level instead of limiting the loss will bring the actual loss.
A walking person is always faster than a standing person
Členom od Sep 19, 2019
16 príspevkov
Dec 01, 2020 at 13:33
The use of stop losses is highly dependent on the method of market analysis and trading. The stop loss level can be determined using technical analysis methods (levels, patterns, etc), as well as the maximum risk that the trader is able to accept in case of loss. Stop loss is not a killer if market conditions have been analyzed correctly.
Do not be greedy and invest in your business as much as you can.
Členom od Sep 24, 2020
13 príspevkov
Dec 01, 2020 at 13:50
FirstHero posted:I liked your definition.
The use of stop losses is highly dependent on the method of market analysis and trading. The stop loss level can be determined using technical analysis methods (levels, patterns, etc), as well as the maximum risk that the trader is able to accept in case of loss. Stop loss is not a killer if market conditions have been analyzed correctly.
Členom od Aug 11, 2017
886 príspevkov
Dec 03, 2020 at 03:10
Loss is an inevitable part of trading there is nobody who can avoid it completely; mostly loss occurs due to lack of exact money management plan as well non-skill trading knowledge. So, for avoiding loss we have to focus on there.
Členom od Jul 01, 2020
28 príspevkov
Dec 29, 2020 at 10:31
Yes, a proper use of stop loss can be a saviour but if it is not used properly, it has the potential to ruin the prospective profits.
Členom od Nov 05, 2020
23 príspevkov
Jan 19, 2021 at 04:13
Gingerrogers posted:The stop loss is a boon for every stock market trader but the predictions should be correct because the reason is that maybe the value of security such as Forex falls 10 percent per say. Now it will be automatically sold because you have set the stop loss to this value. The other situation is that maybe the value of security fell to 20 percent but then rally more than 100 percent to its original value. So stop loss is a double edged sword.
Yes, a proper use of stop loss can be a saviour but if it is not used properly, it has the potential to ruin the prospective profits.
Členom od Oct 01, 2020
37 príspevkov
Jan 19, 2021 at 06:16
I think the stop is utterly useless because for me I am a day trader with a very short trading span. A borderline scalper if you say so because stop loss will make you secure but ruin your profits. It is the basics of the market that risk is involved.
Členom od Nov 05, 2020
23 príspevkov
Jan 19, 2021 at 08:12
Darrensmith posted:Many traders have survived market crashes and wrong decisions through stop loss. People generally tend to look at the negative sides first rather than the positive ones. If you think sl has endless possibility to ruin profits then you can lower the stop loss percentage. For example through my broker Fxview I have made the stop loss only 5 percent of the original price; it is simple. When I was holding a forex pair on a particular day the value of the base currency fell tremendously. The stop loss saved me from losing literally all of my capital because it traded the currency at just 5 percent of the negative value. Same percentage of sl now I follow across all my trading accounts which include fxtm as well.
I think the stop is utterly useless because for me I am a day trader with a very short trading span. A borderline scalper if you say so because stop loss will make you secure but ruin your profits. It is the basics of the market that risk is involved.
Členom od Jul 14, 2020
42 príspevkov
Jan 20, 2021 at 09:39
Stop loss is a little bit complicated but I don’t think we should completely ignore it, rather it should be studied first than saying it is good or bad.
Členom od Oct 08, 2020
25 príspevkov
Jan 22, 2021 at 09:28
philipsimmions posted:There are various types of stop losses which are offered by the broker. My broker Fxview has provided me with the trailing stop loss. In this condition no absolute value for the stop loss is set, it is a percentage of the value of the asset. In the long run, I have also invested in the cryptocurrency through XTB, stop loss becoming irrelevant. So stop loss is a very situational tool.
Stop loss is a little bit complicated but I don’t think we should completely ignore it, rather it should be studied first than saying it is good or bad.
