Stop loss is a part of risk management

UweMoench

Tham gia từ Jul 19, 2020 749bài viết

Oct 25, 2020 at 12:52

Tham gia từ Jul 19, 2020 749bài viết

Stop loss is a part of risk management. To protect your account from great loss, you need to use stop loss. But to use stop loss effectively is the key. Many traders don't know how to use it. I suggest them to study more.

GeorgeBischof

Tham gia từ Jul 19, 2020 283bài viết

Oct 25, 2020 at 19:34

Tham gia từ Jul 19, 2020 283bài viết

Stop loss helps the new traders to control; their losses. It is the best toll for the new traders. But to use it, a traderneed to have proper knowledge about this.

AliaDare

Tham gia từ Jul 19, 2020 742bài viết

Oct 26, 2020 at 01:48

Tham gia từ Jul 19, 2020 742bài viết

Of course, stop loss is a part of risk management. Risk can never be managed without stop loss. If you want to maintain risk, you have to trade with a 1: 2 risk-reward. If the stop loss is 1, then the profit level will be 2. So you can never think of maintaining risk without stop loss.

Charlessmith

Tham gia từ Oct 14, 2020 21bài viết

Nov 06, 2020 at 11:50

Tham gia từ Oct 14, 2020 21bài viết

While trading, money management and risk management can play major roles in helping you save money.

Michihito

Tham gia từ Jul 19, 2020 310bài viết

Nov 06, 2020 at 12:50

Tham gia từ Jul 19, 2020 310bài viết

Yes stop loss is important if we do short term trading. It's a part of risk management. Many newbies don't use stop loss and get margin call. Due to lack of knowledge they don't know how to use stop loss effectively.

UweMoench

Tham gia từ Jul 19, 2020 749bài viết

Nov 09, 2020 at 14:16

Tham gia từ Jul 19, 2020 749bài viết

There is no alternative to risk management. It's not possible to be right 100% of the time. That's why we need to manage our risk so that we do not incur big loss. And using stop loss is one parts of risk management.

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