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Stop Loss
Medlem sedan Apr 18, 2017
920 inlägg
Jan 03, 2020 at 14:19
Medlem sedan Apr 18, 2017
920 inlägg
ForexViking69 posted:
I calculate stop losses visually as per beginning of this thread, dependant on pairs I’ve learned how much to leverage and lot size. You can get an estimate for how much pairs like to move visually like on EURUSD where the markets can fluctuate like a yo-yo. I came to my estimates through trial and error when first starting :)
That’s great; by the way, what’s your trading style? Short-term or long term?
Medlem sedan Jul 23, 2020
759 inlägg
Aug 30, 2020 at 15:24
Medlem sedan Jul 23, 2020
759 inlägg
I usually set my SL according the support and resistance and TP according the risk reward ratio. However, I never take more than 2% risk in a single trade.
Aug 31, 2020 at 07:01
Medlem sedan Aug 28, 2020
15 inlägg
Stop loss is a good way to limit losses. I also make use of it, but how often, that depends on my strategies and market conditions.
Medlem sedan Jul 19, 2020
298 inlägg
Aug 31, 2020 at 07:28
Medlem sedan Jul 19, 2020
298 inlägg
Stop loss should be based on your strategy. You also need to consider support and resistance level to put stop loss. Sometimes a little bit bad calculation can get you hit your stop loss. You need to be smart.
Medlem sedan Jul 27, 2020
102 inlägg
Aug 31, 2020 at 08:00
Medlem sedan Jul 27, 2020
102 inlägg
Michihito posted:Agree. Stop loss is a good strategy that should be implemented in your trading. Never avoid it.
Stop loss should be based on your strategy. You also need to consider support and resistance level to put stop loss. Sometimes a little bit bad calculation can get you hit your stop loss. You need to be smart.
Medlem sedan Jul 23, 2020
869 inlägg
Oct 08, 2020 at 21:16
Medlem sedan Jul 23, 2020
869 inlägg
Michihito posted:You are right. Support and resistance level is important to identify proper stop loss.
Stop loss should be based on your strategy. You also need to consider support and resistance level to put stop loss. Sometimes a little bit bad calculation can get you hit your stop loss. You need to be smart.
Oct 09, 2020 at 11:00
Medlem sedan Jun 23, 2020
34 inlägg
It’s a great way of ensuring that you don’t lose what you can’t afford to. Never forget to use Stop/loss when trading.
Oct 23, 2020 at 06:39
Medlem sedan Apr 18, 2020
54 inlägg
Stop loss is good to limit losses, but at the end it depends on your strategy too, whether you should use SL or not.
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