If you use the stop in any business loss you still confident that unwanted and unexpected, so it is advisable to use to stay in each transaction, since it preserves your trading capital in all market conditions.
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If you use the stop in any business loss you still confident that unwanted and unexpected, so it is advisable to use to stay in each transaction, since it preserves your trading capital in all market conditions.
according to me stop loss is very important. it might not be necessary if someone has a different strategy to earn profits. but the thing is if you dont stop loss then there is a chance that you might never recover from loss and you can also endanger your account.
May be mandatory if the trader be professional because without selecting stop loss we can not survive in the Forex trading. I think that Forex is a good
source of earning that why we need stop loss.
stop loss bahut hi jaruri hai iske bina trade adhuri hai agar stop loss set nahi kiye aur market ulta hua to stop loss touch kar ke trade wahin stop ho jaega agar stop loss set nahi kiya to wo loss barta jaega aur margin call par pahuncha to pura account nill so stop loss is mandatory to every trade.
Yes, i think too that stop loss is basically power of the profit, because it is directly proportional of the profit, if we does not stop the loss it will move to us towards crises which any body does not need...
it really helps you avoid blowing off your account and can really help you reduce the much hype of being worried and being in the wrong in these market, to understand what is all about, its better to have some good trading and make sure that you know what you are doing.
Stop loss actually used to protect you from potentially losing a lot of money. This works by letting you choose a predetermined point in the trade where you will not trade.Quote:
Originally Posted by Benoye
Stop lose is a system when a trader go through the lose then he can apply this system. I think every one can apply this system. For a beginner it is must. It is need for a continuous lost trader.
hi , for me i think that stop loss point is very important and necessary for every deals and yes it is difficult to assign the stop lose point , and we must put it for it's importance , but i think with the good planning and analysis , we can the stop lose which will be suitable for the deal , then we must agree about which we get .
Stop loss is mandatory in every trade in forexif you want to be profitable. E.g imagine if you place a trade and leave it to run and you are not there to monitor it without stoploss you can lose all in your account. You either use a mental stoploss if you are watching a trade or use a hard stoploss.