Importance of stop loss placement in forex trading.

[Mehroz]

You are quite right there.It is so important for us to place a stop loss when we trade in forex . With a stop loss in forex,you can just leave your orders there Stop lose is the most difficult for the novice trader..

[preetsharma]

've certainly put a Stop Loss is very important for us, especially for traders, because of the use of stop loss function that is to minimize the risk of loss that may be we get. and if we do not use it then get ready to get a rather large loss.

i also use stop loss and take profit function always in my6 trade to earn good money and to become a successful trader as well as to avoid risk as much as i can

[meregehese]

've certainly put a Stop Loss is very important for us, especially for traders, because of the use of stop loss function that is to minimize the risk of loss that may be we get. and if we do not use it then get ready to get a rather large loss.

[koukda.qawa]

The Stop loss is a system or blessing by the brokers to the traders. It is as a some thing controlling the trading until some certainly as a pips or market. NOrmally traders do stop losses just to save the invest untill some level and then start over by new trade if still invest remains !!!

[eng.adham]

for me , i usually set my stop loss limit at support and resistance lines that can show me when the price will transverse his direction to avoid any huge risk during my trading .

[fxmoney]

stop loss is very much important while trading in the forex market as you have to save your capital and if you do not try to place it then you may blow your account very easily as the volatlity of the forex market is very much high.

[mitras]

It is very important tool to avoid big loss. It is used when there is large movement in the market and restrictions are placed by traders to avoid huge loss. It is used when you have experienced and know its value. Beginners must have knowledge of placing it at correct time.

[kotkot]

In management of the causes of success and learning is additionally one more reason and gain expertise and talent and therefore the ability to manage capital and sensible coming up with for the mercantilism method of these reasons, success

[Pardeep7651]

well its always very important to use of stop loss and it is most probably used in very bad situation when we are losing continuously so in this situation to protect and safe our trading account we must need stop loss limit.

[buzinesslinksisb]

Stop loss is the basic way of trading, so we should to used this place order during the trading and we can take good earning by this way and can safe the equity by the stop loss because by the stop loss there are so much less chances of risk..