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what exactly is a strategy? And what is a stop loss? Ofcourse it depends on how we can use these stop loss of a thing but I don't think there is anyway a stop loss can be used to prevent or lock profits. We should know also that there are some brokers that will keep chasing the stop loss, and if this is so, how can we use a stop loss as strategy and not be losing every time.Quote:
Originally Posted by liam3
traders who suppose that they actually will overcome the market solely across the expectation theyre idiots, & swirling at large the specter of failure within the currency market as long as these things are running in his or her minds. how you really need to utilize a clearly defined strategy forex to take massive profits. needs to be your forex strategy ready to make it easier to pick the very best time for them to enter and exit the market>.
for me I use a cease loss to emnghentika loss, & if I need to lock the profit that they get in the trade position is still open I'd use a trailing cease, & the gizmo also serves ganda.pertama to lock in profits & the second as well as cease loss .
Yes, stop loss is also a trading strategy. I always use my stop loss per transaction. stop loss can help us so that we can address what harm can receive us. We must not lose our money if we use a stop loss
Yeah stop-loss can be a big safe & saver to be in the form of saving ur money in loss every time you can not remove their own prediction trading coz you never know when the trend began to cross in the opposite direction.
stop loss is very important while you are trading in the forex market but most of the traders do not place the stop loss so they easily lose their capital in the high volatility of the forex market so you must have to assess the risk and place the stop loss as per your risk.
Stop loss is one of the safe side that you have to use while trading as it will prevent your account from blow out. so try to place the stop loss with proper risk and when you are in good profit then you can also make use of the trailing stop loss as well.
well once SL and TP is part of the strategy ..
but we should be careful in determining the SL and TP ..
most novice traders do not use them because of lack of knowledge and without any analysis or a good trading system ..
Right bro, you can use the stoploss in both steps and that you will also tighten your own stop loss when your position made money and also your money will be locked, I am in an EA that works just like that.
if I need to lock the profit that they get in the trade position is still open I'd use a trailing cease, & the gizmo also serves ganda.pertama to lock in profits & the second as well as cease loss .