you can learn about Stop Loss easily all what you have to do is just going to your MT4 terminal Help topics and search for Stop loss, and take profit, read the topics and try yourself in your demo account its not difficult to do it.
Printable View
you can learn about Stop Loss easily all what you have to do is just going to your MT4 terminal Help topics and search for Stop loss, and take profit, read the topics and try yourself in your demo account its not difficult to do it.
Stop loss level can best be applied, if we use the fibonacci extensions and retracement, pivot points, resistance and support levels as our trading strategy. We can also read up books on money management to help us know the appropriate place to use a stop loss.
indicator is we need to measure the strength of the trend and also can be used for reference when we should go and when to exit can be used as an indicator for the limit to save stoplos sayya recommend a good indicator for limits stoplos fibonachi wear and wear to the steering moving average trend
true what you say that learning forex will never be endless in this trade, so that way we will be able to do this trade well with this trade we must be ready to learn to do this with a better trade
stop loss is very nice to limit losses, but if we are not wise to set a stop loss, then we will lose a lot because it just touches the stop loss price. need a good analysis of the placement of stop loss order can be effective.
stop loss is an excellent service. to use it in every trade then the existence of the account owned will be realized. with stop loss also serves to limit the losses we will receive.
There are many tools in Forex.Stop loss tool is one of them.It is very useful tool.It is easy to understand and easy to use.Trader must be use it to minimize their risks and losses.
Yes, stop loss is important tools to prevent big losses in one transaction when there is mistakes in analysis. It is needed for all traders,Quote:
Originally Posted by mkape
especially beginner traders who oftenly made mistakes in analysis. Don't ever think that you can't get losses or you can't make wrong
because overconfident can crush on traders.
Stop loss is very important tool in forex trading and it will helps to protect our account from blown away in forex market or MC. Iss tool ki madad ke bina aap forex trading mein successful trader nahi ban sakte aur iss tool ko use karna easy hai just set SL like you set your TP. Aap SL aur TP ki ek ratio bhi rakh sakte ho just like 1:1 but depend on market condition and trading pair.
Forestall Departure is a white ride and by using it you can moderate your exit. It prevents you from big losses and slip calls. But i opine it is not so unproblematic to put SL. It is honourable similar TP if you decide your TP with heavy reasoning then SL is also set by colourful analysis. The deplorable use of SL does not cerebrate you advantage results.