Importance of stop loss placement in forex trading.

[gulfam123]

stop loss is good term used in forex market and many trader use it and get bigger profit from forex tradiong and also reduced the risk of loss so you must use a goood trading plan and also good money management giuve you good profit

[cisco_fx17]

stop loss should we use so that we can lock the losses, that which we can profit up without fear of loss, I often use a minimal stoploss 10 pips, if the target is touched then we can order it below,, special sideway market stoploss rarely I use it.

[sweetzahid]

stop loss bht zaruri hota ha is liye agr ap stop loss use kerty ho to ap ko asani hoti ha aik to ye faida hota ha k apka balance save rehta ha or sath sath ap ko zaida loss ni dekhta perta is liye sl bht important ha

[edi nurkolis]

stoplos actual time it takes for me there, and there are times when we do not need, such as we are trading with managing money well then we do not need to use the stop los, but if we use that money MANAGEMENT stoplos unhealthy it is helpful to reduce our losses ..............

[manap]

I couldn't agree more a stop loss is your safety net. by using mental stops you are increasing your risk furthermore if you use a mental stop you are at the mercy of technical issues what if your computer crashes or you lose you internet connection.

[any1]

i actually realise that merely apply stop-loss strategy, next, i in all probability prevail over this great loss. At this moment i personally use them stop-loss plus aim for gain either for this stock trading. Plus doing well sold in the market. foreign exchange is rather effortless receive a gain nonetheless every time they loosely its investment around foreign exchange certainly they reckon that for the foreign exchange pointer.....

[anyar]

course because of thinking price will come to my point but many time i prove not correct because price come in that palce but to blow out my account and after that many time i always..

[Raj.Kumar]

well, okay then, i think it doesn't need so many chit and chat, just watch my picture below, these are my targeting plan, Stop Loss (SL) and Taking Profit (TP).

and here the update..

[ahmed 2014]

i think stop lose is not too important i mean we can use manual cut lose rather than using automatic stop lose because if we use manual it is can be seeing reversal point

[sehatx]

Its really important especially for newbies as without any stop/loss placement there is a huge risk of making big losses so its better to put stop/loss to at least control your losses.

stop loss for the market to roam around a bit i personally think a loss is ideal to stop depending on your risk, and on the other sided of the stop loss could be as a stumbling block when the placement is incorrect or too shorters really