Importance of stop loss placement in forex trading.

[Yande Mwale]

Stop-loss is a must for all traders ,it helps you when market does not go your way and in forex at one point or another market will not go your way so its better to always set stoploss on all your trades

[elsaden]

thanks for your great information about the importance of putting stop lose ,, some people see that is not that important and use another ways to enter trades from different points with little lots ,, but i think for traders who can not do such thing ,,, better to use stop lose and close the trade with little lose better than to lose everything

[uk8877]

Halt loss is essential for the forex trading, because the beginner's in the trading must believe forex trading is extremely easy to help earn the profit but when they loose the
capital in forex trading then they believe that about the forex trading indicator's along with tools, so easier to use the trading indicator to save the dealing capital.

[anytimejancok]

i think it's important stop-loss positioning in currency dealing because if you management in forex trading your thoughts from then you you'll quickly preserve from reduction. if you don,t prefer to use it then a chance of reduction can weigh down you for forex trad market.

[konyeng]

it is depends on the trading style i think many trader dont use stop lost but still can make profit in this bussines so i think there is no good bussines except forex that can be profitable enough for me

[shuvo1bd]

Previous stop loss for me, I have no idea. And lost a lot of money. Now and then if I have to use the stop loss method maybe overcome losses in the know. All stop loss and target profit trading. And well in the forex trading market, stop loss to minimize the amount of risk or loss by default. However, whether the use of stop loss after a decent amount of capital to invest. Is not necessary.

[blackjack]

Stop loss is very important in the forex market and we should have this all the time in our trades in order to have minimum loss and maximum profit and that would be only possible if you have some understanding of this business .

[lishader]

yes I think otherwise used stoploss, you will have many great loss but to be able to set the stoploss good, we need to have good skills I think we can use MA or BB would be a fibonacci to do it

[godiva]

I use SL and TP just to make secure my positions but i keep in learn so far, there is no direct way or shortcut to be a nice trader, you require time to gain more experience to do, and then they get to know him as the best lesson .. Step by step they pass this

Yes we must becareful in our trade make sure not loss money so much here, if any one get success result then firstly needs to learning nothing not to be possible to get with out learning so try to focus on learning part firstly then think differently Forex learning is not so difficult any one can complete it more than a month if learn carefully.

[cardinal]

Stoploss is like car auto braking system, it can to save you from accident.
Limiting risk is as important as making profit, without SL your loss can wipe out hard earned profit.
Always trade with stoploss

I use SL and TP just to make secure my positions but i keep in learn so far, there is no direct way or shortcut to be a nice trader, you require time to gain more experience to do, and then they get to know him as the best lesson .. Step by step they pass this