stop loss placement is very much important while trading in the forex market as you have to save your capital otherwise you can easily blow out your trading account so you must have to place the stop loss and take profit for each of your trades.
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stop loss placement is very much important while trading in the forex market as you have to save your capital otherwise you can easily blow out your trading account so you must have to place the stop loss and take profit for each of your trades.
also support using stop loss and i think that each trader should use stop loss for minimizing losses must feel that forex trading is very easy to earn the profit but when they loose their capital in forex trading.
Sometimes I put a hundred pips loss limit for entry only place to get your goal of 10 points. Because I obey the principle number one before. Not risking in the process when I can Odharb for the long term and I have room for movement in the direction of the deal? The bottom line: You To put some extent the loss so that if the market move broader extent, you are safe if you lose your money and believes the extent of loss.
Stop loss is one of the major tools of management and hence it becomes all the most important for a trader to use stop loss in all their trades and no matter what or how confident they are about their trades they must use stop loss as markets can continue to go in the opposite direction of your trade for huge number of pips and hence one needs to make sure that they do not loose all their capital. So stop loss becomes more important for every trader .Quote:
Originally Posted by TIMOR
hanji forex ke business me stop loss use karna bahut he jaroori hai agar yahan trader stop loss lagata hai to uske baad he wo ess business me achha kar sakta hai,yahan trader ko sabb apne aap pehle achhe se samajhna hoga tabhi wo sahi se esko laga sakenga..
That is so terribly wrong. stop loss placement . is one of the most crucial key if you want to make forex trading profitable another mistake traders make is that they shift their stop loss
yes my dear I actually consider that stop loss is the one setting with which we can peacefully go away from our trading terminal for other work that our account will be still safe if anything happens in market that is unpredictable and market runs opposite to our position which can make us loss.
stop loss placement is very much important while trading in the forex market so you must have to understand that you have to follow proper money management for each of your trade so that you can easily gain good income from the forex trading.
yes, of course actually its true that stop loss is a tool to avoifd bigger losses in the trade. It must be practiced in demo account so that when there is requirement of using it one must be familiar with its usage. It helps traders to avoid huge losses.
Some traders do not take demo account seriously as there is no money involved and do not place stop losses there or not at the right levels because there is no real money involved. This should not be the case and trader must take it seriously and trade in it as it was his real money then he will learn o trade well in real account as well.Quote:
Originally Posted by ity