Importance of stop loss placement in forex trading.

Intraday stop trading is important. If you are looking for a weekly or monthly trader, stop loss is not a method. But small traders (intraday traders) must use stop losses. If not, they must be frustrated. and stop important losses for your account. but still have to be careful in installing stop-loss. Stop loss can protect your hard-earned money if you are smart at using it all, especially when your position is wrong. Your stop-loss is to avoid contact margins, so take advantage of stop loss and cash management intelligently, and change the strategy you use.

This is an actuality that is accurate, most amateur traders do not use crash stops appropriately or use them in part, it is a smart amateur trader on top of separating all the annual bases in some bad trades and they do not anticipate if they accept inclined bad trades on assertive ones. Border borders that are prohibited can balance previous accidents or provide benefits too. and it all depends on us also for what we are looking for a day, to determine how many pips will be used for your stop loss, depending on your plan or target for the particular trade that you live, for example you determine that this I want 60 pips and You see the candle so it's almost 25 or 30 pips, you can see that you are ready to lose 60 pips to 25 pips. Stop loss is recommended to always be used and also guides your money in case of a market reversal so that it will not exchange all accounts.

A lot of traders do not believe in stop loss placement.
Some believe in mental stop loss placement. meaning that when they feel that a trade is not going their way, they will then cut it off.
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. They shift it backwards, thinking that the trade will just go back a little more and will come back their way. And sure enough, most of the time, they took more losses than they would have if they stayed on their initial stop loss.
In the chart above, is an example of the importance of stop loss placement.
Usd chf h4
In the highlighted box, thats a pin bar. When some guys see this pin, they will naturally take it down and the ideal place for their stop loss is the horizontal line in orange that is drawn.
Scenario A) if the trader did not place a stop loss, or a mental stop loss � look at how high the usd chf pair went upwards. Their account will be blown or had a huge huge loss.
Scenario B) Trader shifted their stop loss backwards from the initial orange line thinking that the trade will go back down. They would have taken a huge loss as the move went up terribly fast and would have gotten a big blow to their account
Scenario C) Trader sticked to their initial stop loss, they would have just gotten a standard loss of the % risked in their account, based on their money management. And this is just one of the trades among the plenty, therefore this loss is not a big deal.
I hope you guys can see the importance of placing and sticking to your stop loss. Or else your account will be blown before you know it.
Ezekiel Chew

Guys, Some believe in the placement of a mental stop loss. meaning that when they feel that trade is not going as they wish, they will then cut it off. That is very wrong. Placement of a stop loss is one of the most important keys if you want to make profitable forex trading. When we decide to use stop loss, we must be disciplined in applying it. If the market price moves very close to our stop loss, we cannot do anything. and Many investors who are beginners in the world of transactions do not consider the value of stopping reducing currency transactions. Because they think that the stop-loss currency trading technique will not deter them. As a result they chose to cut it. when they realize about that value, they put their minds to use it.

good stop loss is very important in the forex market because with stop loss we can protect our account and also trade without emotion and also we can trade with our minds at rest so i think stop loss really helps to walk far in the forex market based on the way i know and understanding the use of stop loss and stop loss helps you stop your account from being completely swallowed when the market does not support you, this is the amount that you can take the market without you feeling a pinch, the best way to avoid losing a lot on this market is because of the large amount of money just by make your trading much simpler with the margin you have

Previously I did not know about stop-loss. And then I lost a lot of money. Now I have become aware that if I use the stop-loss method, I will most likely overcome the loss. Now I use stop-loss and profit targets on my trade. And succeed in the market. Stop-loss basically minimizes the amount of risk or loss in forex trading. But if you invest the amount of civilized capital, then it's your desire whether you use stop-loss or not. That's not really necessary. and Intended for forex investors who don't want to be directly involved in trading, this software allows forex experts to handle and manage your account. Those who do not have the skills and knowledge needed in the market can also use this software to trade

Yes dear, Stop loss is very important for forex trading. but many other traders don't believe stop loss is necessary in direct trading. but I believe that stop loss is my best friend to save my money with high risk. so I want to tell traders that we must stop losses to save money. and Stop loss is very important. We know, in the forex market, prices move very wildly. I mean nobody can predict price movements. What we can do is just try to make our trade secure. we know that there are many players in the forex market. They all have their needs. it makes forex like a war for buyers and sellers. So, if we have open ownership on one side, buy or sell we must prepare an attack from the other side. Stop loss will prevent us from losing more money if we are on the wrong side

I agree with you that the demo account facility that we can make better and more comfortable in this trade because we ourselves will never be able to get a perfect market analysis and we will certainly be difficult in this trade will know exactly the motion and SL and TP must trade forex and produce from it. This is a great offer from Forex where joining is free, with no hidden fees, so easy to trade. There is also a forum that is useful for learning how to trade. anyone can join and get a big profit from forex trading.

Before I had an idea for stop-loss. and then I lost a lot of money. I realize that now, I use stop-loss and can be more than a loss. now use my trade about stop-loss goals and benefits. and on the market. A measure of risk or loss in foreign currency trading, especially to reduce stop-loss. But if you are looking for a decent amount of investment capital, and if you want or not use stop-loss. No need. and I agree with your opinion, the forex business is a risky business so it must implement good money management so that we can protect our capital from financial collapse. the application of stop loss is a must that cannot be ignored.

The importance of stop loss and take profit is very much valuable and barrier to entry in Forex trading business because when you put your trade and your trade automatically going to word negative think and negative direction then stop loss your negative trade and automatically close your trade and on the other side if you take profit then automatically touch your marketing and take profit automatically close your trade,,