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if you dont know how to use it, you need to the forex all your life, It prevents you from big losses and margin calls. But i think it is not so easy to put SL. It is just like TP if you decide your TP with deep analysis then SL is also set by deep analysis. The wrong use of SL does not give you good results.
The stop loss is a tool that a Forex trader uses to control their losses in Forex. It is used with MM, A trader uses the Lot size amount to actually check and calculate their risks so that it falls within an amountthat they want.
used to stop your lot at set point but for market volatility trend can touch stop loss and cause loss to a trader but for getting success a good trading strategy money management to make sure they put it at first of forex
stop loss tool use kaafi traders apni marzi se karte hai lekin ye galat tarika hai,yahan stop loss trader ko apne strategy aur signals ke hisaab se laganan hoga tabhi trader ess business me thik se esko kaam kar sakenga..
stop loss ap tabhi put karty hain jab ap market mai entry laity hain aur yai wahe cheeze hai jou ap k account ko save rakhti hai always kio k jou log SL ka used nahe karty hain un ka account wash hony ka dar rahta hai always jabhi bhi ap trade kary tou sl ko lazmi put kary yahe cheeze best hai forver ...trade karny ka good way hai...
When placing a trade in the market, professional traders always include a plan for managing their risk. One traditional method for setting risk levels is through the use of technical indicators.
In previous articles, we discussed using average true range (ATR) and the parabolic stop and reverse (PSAR) indicator exactly for this purpose. Today, we will examine another method of trailing stops using a custom pricing channel.
Donchian channels (DNC) comprise a custom indicator that can be added to most forex trading platforms and can be used to establish initial and trailing stop levels on a trade. The indicator is designed to display the current high and low for a specified number of periods.
Forex main trading ke doran stop loss ka use bohat important ha. jab app koi trade enter karte hain to ic main ek stop loss ki option bhi hoti ha ic main app stop loss put karin karin trade enter kar din. agar app ki trade app loss main jae gi to app ki stop loss wale point par automatic close ho jae gi.
BVhai boht simple hai suppose karen aap ne koi trade open ki hai aap chah rahe hain ke is value se neeche aae to close hojai trade to is cheez ke liye sl use hota hai market mai
Stop Loss is a very good tool and to using this tool we can control our loss. It can save us from a big loss. But i think it is not easy to use Stop Loss tool, we can get the best result and best profit by using Stop loss tool,,,,, :swim:
hi friend i think the important you must know how to use stop loss if you don't know you must don't use
you must put the stop loss in 20pip minimum and you must know resistance and support