Importance of stop loss placement in forex trading.

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Originally Posted by SeoHyun

Yes but if you can handle this forex trading with good money management and good trading strategy, and if you are an intraday trader or long term trader I think set stop loss on each your traders will be so important to avoid getting bigger losses :)

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I think you're right. If we are trading intraday or daily, using a strategy to always make the SL, is an efficient step. We only make the SL and TP, then we close the computer and perform other activities. This is a good time efficiency and good also to keep our health in order not to always be in front of the computer.

These stop loss that we set enables us to check our losses mostly in trades where we would not be around to monitor the price movement.

i think money management and good strategy is important for stop loss on Forex trade market. because i flow this and most of the time i can control loss on my Forex trade market . i don't no more if you have some good then shear it for all of us.

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Originally Posted by bindian

i think money management and good strategy is important for stop loss on Forex trade market. because i flow this and most of the time i can control loss on my Forex trade market . i don't no more if you have some good then shear it for all of us.

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I agree with you, that the management of money and a good strategy is very important to stop loss in forex market. because we can control the possibility of losses in your trading market, therefore it would be much better if a novice trader to choose the safer steps to play forex trad

stop loss is mainly used my the beginner investor or if you any time goes somewhere that you are presently absent in market then you can fixed your trade trough take profit or stop loss with certain amount. stop loss is one type of scalping in forex.

Stop loss is very essential tool of forex trading but maximum trader do not use perfectly. I always use stop loss in my every trade because stop loss help us to reduce loss and maximize profit. I set stop loss where my loss is 2%.

using stop loss in forex is a good habit of all good traders,it saves our account from huge loss.traders use this when a they will buy wrongly.

safe and to successful trading is trading that always put a stop loss on each trade. and if your analysis is wrong. you must be prepared to lose capital. and you can trade for another.,

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Originally Posted by skboyra

stop loss is mainly used my the beginner investor or if you any time goes somewhere that you are presently absent in market then you can fixed your trade trough take profit or stop loss with certain amount. stop loss is one type of scalping in forex.

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The stoploss is too important SKBOYRA for all kinf of the traders : Scalper,swing tarders and also for any kind of investors because with the stoploss we can controlle ours loss and make a great money managaments...

trading main stop loss bahut jaruri hai. stop loss set kar ke aap tay karte hai ki ham kitna loss le sakte hai.
hamara analysis sahi ho liekn ho sakta hai kisi news se market main opposite movement ho or jis ke kaarn hame badaa loss ho sakta hai.esi condition main stop loss hi hame bacha skata hai.