Stop loss is a part of the business.

fully agreed, stop loss is a good defensive tool. but it could also be a damper of your profits too, which makes it a poor tool. sometimes the market may move just below your stop loss and start moving up again. if u have put a stop loss then your trade will close at that point where as if u have not put a stop loss u stand a chance to earn profit instead of a loss or end up with a lesser loss. there are pro's and con's to having a stop loss so one must calculate the range of the market and apply stop loss carefully if one must.

we should always use stop losses to limit a lot of loss in trading forex ..
I have experienced several times gets margin call for ignoring to put stop losses and always let my trading position in a state gets a lot of floating loss

had to be done, because we will never know for sure the price movement. do not trade based on the history of price movements in previous days, but we must do so in accordance with the realities that exist today.

it is best option in meta4 beacuse with this option you not go in much loss and save your money when market is down or you lossing money in market so try this option everyone.

in my opinion you need a stopp loss, but if you have a good money management, and a good risk manament, you can increase your stopps very high or very low!!! so you can let them pairs run till you will get your profit!! therefor you need a small leverage!!

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Originally Posted by jannah

Well i think psychological factors also determine the success of the forex traders to trade in forex trading. Psychology will make entry and exit markets wisely

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psychology must be managed well,if not,it will destroy slowly or fast depend on traders mind,only take positive mind and let far away about greed and
fear in forex markets,learn to trades profesionals who only see forex are not wanted to know what are in our conditions,we are persons who need to understand forex is

Truely said. The trades without the stop losses are incomplete trades until and unless one is continuously sitting in front of the chart screen. And hitting stop losses means saving the capital, this concept makes good earnings.

Stop loss is very necessary in this business, which certainly is necessary to prevent greater loss or even MC. If we can apply it properly then we will only suffer a few losses. But if we can not use it properly then we would usually suffer losses many times before.

stop loss is the most important tools and things to be able to trade without fear and do not loss more capital...because sometimes market will not go in favor of our opened positions , so then it will make us to loose alot of money...but if someone has applied, then he will just loose some money and do not suffer more losses...

You are right , in my consideration stop loss is so important but not in all deals , it can prevent us from losing more , that doesn't mean that we should decrease our stop loss , the most right is to apply a stop loss or not depending in the deal and what it looks to make in the following hours , i don't like to set a small stop loss to be broken then the pair reverse direction after my losing , setting the stop loss or not to set it is a very important issue in trading