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Stop loss is a killer if

Michihito
Nov 04 2020 at 11:10
298 príspevkov
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.

EbonyJones
Nov 14 2020 at 12:36
232 príspevkov
Yes. Without proper knowledge about stop loss, you can not use it. It will become a dangerous thing if you have no knowledge about it.

TR4DEX
Nov 16 2020 at 11:50
88 príspevkov
Stop loss is a killer if... it is one pip away from your entry. 😁😁😁

GeorgeBischof
Nov 21 2020 at 18:18
318 príspevkov
I think stop loss is very effective for new traders to control their losses.

SofieAndreasen
Nov 22 2020 at 17:27
736 príspevkov
Many traders lose opportunity to make profit from potential trade due to wrong SL placement. Support and resistance level are important regrading SL placement.

Harshalmark09
Nov 27 2020 at 04:33
15 príspevkov
I know that stop loss is very important in trading. But if you don’t have any knowledge about it, it can be very harmful.

RobSchiz
Jul 06 2021 at 17:25
535 príspevkov
Harshalmark09 posted:
I know that stop loss is very important in trading. But if you don’t have any knowledge about it, it can be very harmful.

You need proper knowledge to use stop loss.

RobertFerrari
Oct 05 2021 at 19:03
311 príspevkov
GeorgeBischof posted:
I think stop loss is very effective for new traders to control their losses.

But you need proper knowledge to use it.

Treeny
Oct 05 2021 at 19:07
184 príspevkov
They need to be placed sensibly but are a crucial for when you get it wrong...

Pengus
Oct 06 2021 at 19:54
9 príspevkov
In my opinion, stop loss is a great opportunity for new traders to trade without any fears that they will lose everything, because it fixes the amount of money which they lose. I see this option very profitable and effective, however lots of traders claim that it can be dangerous. It's partly so I think. As for take profit, then it also is created for accumulations safety, however it also reduces the potential amount of money which a trader might win. So, there are both sided of the coin I guess. Anyway, I would recommend all rookies and professionals to use stop loss in order to make your way much easier and profitable.

SteveHanks
Jan 07 at 06:43
530 príspevkov
GeorgeBischof posted:
I think stop loss is very effective for new traders to control their losses.

I agree with you. It helps a trader to minimize their losses.

Tradelist45
Jan 07 at 07:13
177 príspevkov
stop loss of course is a killer if you dont know how to fixed it , without professional trading experience that is really difficult to make sure a good stop loss point.

winning_trades
Jan 07 at 11:23
33 príspevkov
Agree, many traders fix it at 2% but I think this should be vary according to the volatility seen in the market plus on what currency pair are your opening position.

Seb King (sebking1986)
Jan 07 at 12:38
223 príspevkov
Less a killer than having your entire capital at risk every trade.

If you can't spot the liquidity then you are the liquidity.
CraigMcG2020
Jan 07 at 15:05
192 príspevkov
Tradelist45 posted:
stop loss of course is a killer if you dont know how to fixed it , without professional trading experience that is really difficult to make sure a good stop loss point.


I think it needs to be part of a trading system for sure. You need to have a reason to put it where you do. However any stop loss is better than no stop loss

skihav
Jan 08 at 16:37
521 príspevkov
I consider this tool to be more of a savior. At least in certain situations it is so accurate

SofieAndreasen
Jan 11 at 22:52
736 príspevkov
Stop-loss is useful to guarantee limit your emotion at any time frame!

FullBro
Jan 13 at 20:35
8 príspevkov
Well, I wouldn't call a stop loss a killer, but if you don't know how to use it then it is a great problem for you which you need to solve as soon as possible. Stop loss is one of the most important and useful tools in trading but it can bring more losses than profits if you cannot use it properly.

Adokelv
Jan 14 at 14:33
21 príspevkov
In my opinion stop loss is always a saver in various situations. It doesn't matter whether the price goes high and you were able to catch this trend and then it goes down and you will be kicked by stop loss. The mattere here is that the market let you an opportunity to try once again and everything due to stop loss. The vast majority of people don't like using stop loss just because they blelieve that it restricts potential income. In my opinion, traders should use it, because it defends you from unpleasant consequences which might happen whenever they want.

LukeRachel
Jan 15 at 02:42
455 príspevkov
Stop Loss can be really terrible in trading if I can't use it. You need to gain knowledge about where to set stop loss.

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