Importance of stop loss placement in forex trading.

[gretongan]

the stop loss is the key of capital management this is because is troublesome for several traders out to open their transactions while not an finish towards the loss of them available within the case of reflection trend will not verify where out to will just be directed.

[foggies]

honestly, i seldom trade with using stop loss and i prefer to use trailing stop loss and also TP
stop profit or TP is the target, then the trader have to put the target with relevant and it means that they do not put too high or the trend will not touch it
and also they can use trailing stop loss if they do not use TP

[suhermanto]

with out stop loss trading is very risky so better to use the stop loss indicator in the trading and to save the capital from big loss at once, so must take the demo trading practice and learn the stop loss with practice, stop loss means to make the risk minimize.

[investor forex]

Actually the forex price moves at will. Only great force can fight it. We could not fight it. And we may not always be correct forex analysis and prediction. So, we would certainly have errors in prediction, and well, very dangerous trading forex without using stop loss

[suhermanto]

I am always set the stop loss in 15 pip or sometimes 24 pis not more, but right now I am searching for a method to get the better stop loss placement, because the price hit my stop loss many times.

[ramix]

We are saying the same. Before a trader would not apply stop loss, It means there is very large capital that can hold the position before it starts gaining.

[dian safitri]

According to my knowledge if you are afraid of losing a larger capital, you should always use a stop loss in every transaction. Stop loss is an appropriate strategy for protecting the capital you have, but if you have the proper commitment, stop loss can not be used, provided that you have a full time front of the computer if indeed you have a lot of time of course.

[jhonky]

in trading loss was a certainty and our duty as a trader is to place a stop loss as possible then our task is 50% complete and is in fact already 50% longer when we finalize trades and close the order then perfected our work 100%

[endischa]

we can set our stoploss in highest or lowest in previous candle , the reason why we have to put
stoploss in that place because there is the history the price rejected by market so it is difficult to hit that.

[ucang-et]

is amazingly true, attention-grabbing info, with no stop loss suggests that that many of us offer an chance out to market to get larger advantage our mistakes, if we really wish running trading create it a habit out to lock our trading profits out to be healthier.