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Stop loss is a tool that is built to help a trader out in stopping a further loss from increasing, it helps a lot especially to newbies who are not yet good with their trading but for the experienced forex traders, using the stop loss tool is a hindrance for them since they are forced to close on a loss even for a trade that was a sure trade to profit but since the market retracted a bit, they lose.
Absolutely my dear, for me, I surely do believe that stop loss is a very good tool and traders must use it to minimize their risks and losses and also they must make sure that they place Somebody please explain it in this thread with help of Image its automatically close a deal. So it is good my dear.
First thing first you cannot use stoploss, I'm in the same stoploss in each and every orders so you have two know that stoploss is a different kind of thing. It varies from trade to trade and some traders like to trade the trend then they the use high stoploss and it also depends upon your account size
bhai ap daikh la k ap kaisi money management kar rahy hay aur us hisaab sa stop loss ko bi use kary , agar ap high risk la kar trading karna cahty hay tu phr ap zaida bada stop loss use kar sakty hay bhaiya g .:)
As soon as i decided in order to open an trade when i are usually expecting That price shall touch a good Personalized level AND ALSO when i set OUR target at The item price, but in case market goes against MY expectation we may set stop loss price in level that will i think is usually challenging in order to touch IN ADDITION TO still i consider small loss incase The idea hit, therefore limiting your current risk.
The stop loss tool is a tool that i strongly believe that it was build for the newbies for them to use it to cut the losses from wiping them out but for the experts i don't see the need to use one since you are sure of what you are doing all the time and using one is like accepting a loss in the first place.
hanji agar yahan par trader long time trading karta hai to usko fir waise he stop loss aur take profit lagana hota hai,yahan par aap jetna market ko samajhkar chalte hai woi aapke liye achha hai,yahan par soch samajhkar he market me kaam karna chahiye..Quote:
Originally Posted by naziakhan
Forex trading mein hum apnay account ko sirf proper money management rules ko follow ker k hi save rakh saktay hain.aur mere khial se without using stop loss aisay hi hai jesay hum without seat belt 120 ki speed se car drive ker rahay hain. Aur hamein apna stop loss support and resistance k through hi set kerna chahye.
Dear brother the Forex trading market always fluctuated the market trend goes bullish or bearish, so that we traders when place a order that time we should use the stop loss option most that we will save our capital from the loss or risk. The stop loss option use is very easy and with the use of such option we can go out side for our urgent work or any things.Quote:
Originally Posted by forexpips
Bhai sahi kaha apne, money management ka istemaal karke hi hum sirf apne capital ko safe rakhne mein safal ho sakte hai, waise to bina money management hum yaha par trading kar hi nahi sakte hai bhai.Quote:
Originally Posted by arshad4433