Importance of stop loss placement in forex trading.

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Originally Posted by The Queen

the traders can see the good opportunities from forex with easy but some of them will get a hard way to get it, and this is caused by low discipline for it. Profit opportunities in Forex is excellent but to profit in this business is not easy, it involves a lot of factors before one can really master the art of trading, but only those that don't give up will be victorious.

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Yes and i think trading all the time would definitely increase your level of expertise and experience i trading.Having said these ,i think a distinction should be drawn between trading at all times and over trading,although they make look similar but they somehow vary in application.

yes,stop Loss Placement
1.Four key components of the stop placement decision.
2.What to do if the optimum stop is too far away.
3.Time stops, how to save a lot of money!
4.Using stops to capture a profit.
5.Advanced techniques using Fibonacci and indicators to determine optimum stop placement.
6.Identify when a close stop is risky, or advisable.
7.When to use a closer stop.
8.How timing can effect your stop placement.
9.How to improve your odds by combining different techniques.
10.Allow enough room for the trade to develop, but take excessive risk.

I think stop lose is most important for the trader.At first i do not know this but after losing in forex i am able to earn money and reduce the lose.Here the trader can overcome the lose.if you are not able to analyze the market,then use the stop lose.we will reduce the lose properly.

now i realize that if i use stop loss method then i probably overcome that loss now i use stop loss and traget profit both on my trading and doing well in the market stop loss basically minimizes

there are many reasons that makes traders lose money,one of the reasons,is greed,greed is the big enemy of traders and its the big reason that makes traders lose,opening trades in fault times is also a reason makes loss of money,also closing trades in the not true time,

Stop lss beginners ke liye bohat acha security tool hai. Is se ham pehly hi decide kar lety hain ke itnay loss se zayada ham afford nahin kar sakty . hamari trade khud hi close ho jati hai.aur ham zayada nuqsan se bach jaty hain.

Placement os stop loss is one of the major rule in forex market.Cause if anyone doesnt place any Stop loss level then its means he through his account in the mouth of a tiger.Cause no one can guaranty that market will move according his wish.

Everything needs to go through a process.. in a planned manner.. using stop-loss is just the thing needed for a sound trading.. although we saw that our trades reverse back after touching our stop-loss levels.. but we forget one thing that it saved us many times from blowing our account... so which one better.. losing small or blowing the whole account..?

Stop loss is very important if you use long term trading method with big capital I think in short term trading stop loss has no importance because you want close your trades in front of your eyes.

Thank you for teaching us the lesson of the importance of stop loss.learning to use stop loss can be the first class for the traders.I mean,stop loss is so important for traders.We even can say that stop loss is the key to our success in forex market.No one can be a successful trader without a stop loss.By setting a stop loss in our trade,we can avoid losing so much when make a wrong trade.