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Stop loss can save us from the nightmare of Forex that is margin call and our accounts can be saved from being emptied this is the main importance of stop loss. others are like we be safe in trades during sleep hours i need to be patient and keep on doing different good strategies for my analysis.
a few trader thinks that they actually were smart or bad in thus and thus month except it is depend upon your strategy and your expertise if you do in fact analysis the true trend then you certainly earn if wrong then you certainly lose. as per my opinion after we trade while not any strategy or we feel a few tension then we take loss. thus as for my i gain 327$ within the month of july, however now a days my trading thus therefore.Quote:
Originally Posted by popatji
For me I say S/L ( stop loss) is very important for all. Greed is our main enemy. We are can not fully of the controling its. Trading with out S/T you have change big losses. So, stop loss is very importants really !!
without stoploss .. your account is very risk to get much loss ..
many traders get margin call because do trade without stoploss ..
they think will be able to control forex market movement with their indicator ..
Stop loss is very important and useful all beginner and trader so every beginner should use stop loss so that they can minimize their risk and they can save their account to any problem and never can not account zero to use stop loss so it is very helpful in forex trader but all time use not good so we need to take learn.
July was the month of trading in which i was able to gain 300 pips at the most and it has been since the best month for a novice trader like me.
Hi dear i would like to tell you that in trading stop loss has some significant effect, am expert trader always use stop loss according to his analysis to save his account if any thing went wrong, if he don't use SL then account balance will keep on decreasing till he close that trade. Thanks,,
i will and if the job is a salutary one, i present vindicator line exclusive daily measure phrase and mortal quantify put as i instrument hand trades for life before concluding. i now enjoy Forex so such that i can not give to do opposite mercantilism without doing Forex along lateral
The stop loss is extremely important in my opinion even trading without a stop loss just like driving a car without using a seat belt, could we get hit and have an accident, and in trading forex, we could experience a margin call.Quote:
Originally Posted by sarkerjoy
always put stoploss in your transaction ..
stoploss very important to limit your loss in forex trading ..
forex is very risky business ... many traders failed and losing their money on forex because they ignore stoploss ...