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of course generally my dear, It’s no double that reason for using the stop lose option for protect the money account from more lose money so its used to set limit of the money losing there ,some of trader and me no like to use this option because we analysis that price may back to our direction position.
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actually when trading in this forex business because we are not exactly sure that price will come to the back level that is why we use stop loss, we know that market is uncertain and some time it don't move according to our analysis therefore we make sure that our trade don't go in loss
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How do you say the price will come back after a while? You can say it will return, but when you do not know. No one can say for sure that the price will come back from this level. But we can analyze this. There is support and resistance, we can find some level, we can be the level as the only profit and stop the level.
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actually when trading in this forex business I believe the price wil return after some time, but we can't determine when the price will return. We will lose so many opportunity to make profit if we always hold our negative trades. However trading using stop loss still much better than hold our negative trades for a long time
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In the foreign exchange we can not expect the deal, our analysis can not be 100% correct. No traders can find the exact movement of the market, which is why the stop is the best tool to save the account from heavy losses. If we do not set a stop loss, then there will be a chance to lose all the capital in a single transaction. Forex trading is an art that can be successful in an efficient and safe way.
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Is the curse, it is true that the price will return to my position .. but if the price will give me a 200 point sport against me and then come back ... it will be very simple to let me out of the market. So it better uses stop-loss or at least some kind of protection of this situation. The other thing is that we should learn how to keep our bonuses by minimizing the loss
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Stop loss to trader apne ap ko save karne k liye use karta hy q k some time market bohat he against chali jati hy agar to trader ka capital bohat bara hy and lot size big risk bardasht kar sakta hy to wo na kare stop loss ko use other wise karna chahye
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I found that if we knew the price would return again, it was suggested as a forex trader as a stop loss because it would reduce the risk of losing their money as an investment income. I have always thought that the price will come back soon or the price will touch my stop and return, so this is the reason why the stop option is not used.
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because you can never trust forex prices, when you are working the right ideas in teh market we have to really develop the given working positions there is a good chance that we have to understand with the best of everything in the sides we see when trading forex, we have to do with everything we work with,
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I think some times price does not return and for that reason we need to use the stop loss at the proper area and should set the risk reward ratio at our every trades. forex market trader need to use a protective stop loss order to trade the forex market tarding business.there is no one that succeed in the forex market trading business without the use of stop loss order in the forex market.