How use stop loss tool.

[iwan]

stop los (SL) of a tool provided in the metatrader platform that serves to direct us to stop trading if it is touched with the aim of cutting an even greater losses caused by faulty positioning our OP. we can edit to put on a trade that is still open and determine the point of SL.

[rakesh]

Stop loss in trading forex is for getting close our order if we have orders getting negatives.Mostly traders do not put stop loss so they lose or get margin call so stop loss prevent fro getting more loss.

[adahidayat]

i think that when we talk about learning of forex trading, then it also includes the use of stop loss and many other tools which is included in forex market....i think that stop loss is easy to use...because we can calculate it according to the pips and then put it at that level which money we can afford to loose...so we should put it according to our trades.....

[forexdon]

stop tool main dear ya hota ha ka agar ap losing ka bad trade close karna chahta ho to ap ka trade automatically close kardeta ha forexample ap chahta ho k mera trade automatically close hojaye 15$ lose ka bad to 15$ lose ka bad woh ap ka trade automatically close kardaiga

[hardworks]

Yes, stop loss is effective tool to cut the loses. But, we need to place it in right place, otherwise, we will face unnecessary loses. Just try to make technical analysis to know support and resistance points which greatly helps you to place stop loss in correct place. Let us discuss.

[kameeelforex]

In the Forex the most import ants tool . its easy to understand and easy use.
its start when we start a new trade then we have a option to take lose and how much trade .when market in rotation then we cant stop or close new deal but if we use stop lose then easy close new deal automatic

stop loss lagana to bahot he aasan haa ager app ko nahi aata to main bata deta houn app jab bhi koi trade open kartey ho na to app ko wahan par do option nazar atey hane ek take profit ka or dosra stop loss ka app wahan se ye select kar saktey ho apne analysis k mutabiq es ko select kar k ok kar do bas itni si bat ha

[jai]

stoop loss is very essential for forex traders this reaosn is that if you dnt use this limit then you can free with your all balance means your account is also wash and nill therefore this is very essential .

[sangam]

Using stop loss is good because it will limit your losses but you must know to set it in the right price. If you setted Stop Loss
too near with open position so it will be hitted easily and it will be useless. But if you setted it too far away, then it will make
your losses high enough. So it's important to set it in the right price which is not easy to be hitted but not too far away too.

If the stop loss is used then we must also know that the chances of getting the stop loss being hit will be solely depends on the timings of the placing the orders into the markets. If we have a good trade , but the timings are wrong then it will hit the stop loss easily

[ermaniso2011]

stoploose is indeed more important than takeprofit.so it is an important lesson that all newbies have to work it very carefully.placing stoploose in right point can help you gain too much and placing in wrong place can let you make so many looses and it will make it useless.some trader use fixed pips like 10 or 20 pips as stoploose.it is completely useless.you have to watch the resistant or support lines or the highs and lows before placing your stoploose.

[will]

Yes if you use stop lose then it is good but if you use wrong stop lose then it dont useful for you. I agree with you but i think if you know where you set your stop lose and take profit it is very good for you. Every time i use stop lose and take profit with support and resistance level.

Using stop loss is good because it will limit your losses but you must know to set it in the right price. If you setted Stop Loss
too near with open position so it will be hitted easily and it will be useless. But if you setted it too far away, then it will make
your losses high enough. So it's important to set it in the right price which is not easy to be hitted but not too far away too.