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in my first experience is trading i don't normally use stop lose and so when i trade at time i lose more than expected because i don't normally prepare for losing but i found myself in losing all my money in just one trade. but if you use stop lose youcan still trade with the remaining money left for you in another time.
Right, stop lose our aim to prevent the escape of MC as a stop lose is going to lose the settings are not going to spend the margin that we have and thus can be more lasting in forexQuote:
Originally Posted by xiaotanghao
Stop-loss has many functions in the Forex One of the most important of these things that take advantage of the stop-loss it is one of the most important tools that support them rolling in the management of money and do not Iike that money management is difficult and requires a lot of study
May be stop loss most important for beginner.
This is one of the most important methods for forex market risks management. Stop loss orders.
One of the other methods of managing risks in forex.
There is no gainsaying about the importance of stop loss. For any trader who does not use stop loss, it means that they have not tried to be greedy at any time and as such have not faced margin call. Trading without a stop loss exposes your account to unnecessary risks which should naturally be avoided.
main aap se shamat hu. forex trading main stop loss bahut jaruri or important hai.
lekin ye kbi kbi trading strategy par bi depend karta hai. kuch scalping karne waale trader to stop loss use ni karte hai or kuch long term trading karne waale bi stop loss ka use ni karte hia.
There are some in the Forex does not rely on stop-loss, although I see that stopping the loss of illusions that can be tools for the trader in the Forex and achieve a reliable way for the proportion of profits is also a good way to keep the account of the large loss
Stop-loss is certainly much more important than anything is to take profit .. and must know how to put it in the right place until the price reaches him to not only rarely
Lifeline is like when the market moves very quickly because of strong or news from a lot of liquidity does not use stop-loss order is certainly will lose
The determination of when to exit a position when loss or gain has its own management. Stop loss order is an action or command that is used to close open positions to realize a profit target or limit the amount of the loss of a trader or investor in each trading decision.Quote:
Originally Posted by roro mendut
Stop losses in the liquidation of trading positions generally fall into two categories:
Stop loss order, which closes the position (closed position) to buy below the price of admission (open position) or closing short positions above the entry price that is used to limit the amount of trading losses.
Take Profit (target), is to close long positions (close) on the price of admission (open) or closing short positions (close) below the price of admission (open), which is used to realize profits.
In the management of trading, there are two main categories of determining stop losses:
1. Equity and Margin Stop
2. Technical STOP LOSS
dear dmambi thanks a lot for your nice advise. I am a newbie in forex trade and practicing in demo account. Would you please kindly let me know am I use the SL & TP terms in my practice session as beginner ?
---------- Post added at 02:34 PM ---------- Previous post was at 02:30 PM ----------
dear Morshedul thanks for your kind comments. I am a new face in Forex trade. Would you please kindly advise me which trading is suitable for me manual or automatic? As a beginner am I get any help from SL & TP terms? Awaiting your kind advise.