Stop Loss and Take Profit...

[kashifrehman]

I think the stop loss is the most important step in opening deals, so that we can keep our money if the market turned against us and that must not happen until we find we are losing all the money in the account

If we did not use stop loss than we may loss all that we earn in just single trade and may be there is margin call in return in fact this is a tool that can save us from big losses. I always use this one to limit my losses and this is best one in nature that i use to reduce risk that is associated with forex trading.

[ashvi]

Every time when i use to trade i fix the stop loss and take profit. Because, if we haven't fix this both that may lead to loss which can't be bare by any thing.

This is really a very good trading attitude to implement take profit and stop loss in each trade. Because stop loss will limit us from further losses and take profit will help us in realizing the profits for which we are trading in the forex market. Really we should be very thankful to such features provided in the mt4.

[fxmaster3565]

Every time when i use to trade i fix the stop loss and take profit. Because, if we haven't fix this both that may lead to loss which can't be bare by any thing.

[heartily]

yes you are right any one can make profit easily in the market but how many trader survive in the market with his capital to months you will find no one they take the bonus and make good profit and lose it early in short time because they not have good experience and they are focus only on earning not on survive

[ShoSho]

How much you use the SL and TP for forex trading?
So far during trading in forex I rarely use the SL (Stop Loss), but always use the TP (Take Profit)
How about you, let us together share here

After more than 3 years in forex market i realized that it is better to use movement take profit an stop loss like trailing stop loss it will gives you better results.

[Zahoor]

Stop Loss = SL means that you are going to limit your loss margin or maximum loss limit where as Take Profit = TL means that you are going to define the profit margin that when the profit reach to a speciifc point, you have to close to trade automatically. SO its very simple and beneficary.

[challenger ab]

stop loss and take profit good tools and we cannot forget it because it,s very important stop loss make you manage your money and make you control your position from loss and take profit catch the profit fast than manually and it,s very good tools im use it all time

[s.saha]

Stop Loss and Take Profit...

How much you use the SL and TP for forex trading?
So far during trading in forex I rarely use the SL (Stop Loss), but always use the TP (Take Profit)
How about you, let us together share here

actually i set Stop loss and Take profit according to fundamental analysis. so it is difficult to mention particular points as my take profit and stop loss. i think this two options are the most useful and luxurious that are available in mt4. so if you don't have enough time to regulate your trade then it is better to set stop loss.

[ishvara]

yeah I agree with you my brother the system from stop loss and take profit because is a good method for your losses minimize and maximize your benefits and I think that any trader can use.

Any forex trading system that we can use in forex trading actually needs us to set up a stop loss and take profit for it. This is the proper way to confirm a good risk reward ratio in forex trading.

[fxsilo]

SL and TP for forex trading is very important for us. You can earn money use this. It can help you to stop less and take profit. SL and TP for forex trading is very useful and helpful for us to trade in Forex.

Of course, thats a part of risk management. SL and Tp also helped us to avoid margin call. also we must discipline with the rules.
without Sl and TP we are difficult to keep and protect our trading from big loss.