true friend with SL we can reduce excessive losses, since our analysis is not necessarily true 100% and we have to realize that, for the beginning trader should get used to using SL to avoid big losses, as a beginner it is usually still unstable.
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using a stop loss in forex trading is very important, without the use of stop loss in forex trading, then we will make trades with a high risk, use a stop loss according to money management system you have
syns stratgy mn ap apna stop loss lga skty han mgr yh mary khyal mn apny menual treqa kar sy is sy zyad munafa kma skty han kunkh yhan pr aksr traid ulty pr jaty han mari to .
jab tak hum kise bhi stregey ko sahi se use nhi karenge tab tak kuch bhi nhi kar payenge hume humesah stregey ka sahi se use karna stegey jtina ache se use karenge hum utna hi best kar lenge iske jiasa kuch nhi hota hai stregey ek acha to trader ko jayda mehant nhi kar sakta hai.
Ek sahi trading ki startegy ko use karna aur trading karna hamare liye accha sabit hoga. Ham jante hain ki jis trader ke paas me acchi trading ki strategy ho jaati hai uske liye trading se income kama lena easy ho sakta hai aur usko success bhi jyada milne lagti hai.
dear I personally think we can use support resistance as the basic to set stop loss, and also channel , so we can make them to get the place for stop loss, take profit, entry point and also exit point, but traders need to learn it first and get the understanding for how to use it properly
Stop loss can help us easily close all our trade when it move to that point we set our stop loss, we don't have to watch the chart all time to close our order ourselves stop loss can help us close the deal easily.