Importance of stop loss placement in forex trading.

safe and to successful trading is trading that always put a stop loss on each trade. and if your analysis is wrong. you must be prepared to lose capital. and you can trade for another., Stop loss is very essential tool of forex trading but maximum trader do not use perfectly. I always use stop loss in my every trade because stop loss help us to reduce loss and maximize profit. I set stop loss where my loss is 2%.

Without mincing word, as a forex trader, we should knowing that many things are happening in the realm of Forex trading, the thing is that traders will only survive longer with stop loss trading. je app shaid theek keh rahy hian stop loss ki bohat ahmiyat hoti hia humari trades main aor phir stop loss ko aik sahi jagha pe lpace karna is se be zaroori baat hai app k is thread se kafi help mily ge humain thanxx

using stop loss have a good and bad effect. bad effect is we lose our chance to recover our money. price may be pull back after touching our target. the good side is we can safe from losing huge money. personally i do not support to put stop loss. if we have proper money management system then we did not to put any stop loss. Before i also dont use SL because of thinking price will come to my point but many time i prove not correct because price come in that palce but to blow out my account and after that many time i always use now SL to protect my fund and keep my loss in certain level. and for this its very very necesary to use sl.

I believe that a Lot of the traders who are novices in the worlds of the trading do not believes about the importances of the stop lose forex trading Because they think that in a stop-lose forex trading methodes trade is not going in their way As a results they decides to cut off it But when they knew about the importances of it they setup their mind to use it really !! This is one of the most important points in forex, or in trading anything even if its gold, oil, stocks or anything. You really need to trade with a stop loss. The reason is that the market does move a lot. You might think that the market only moves 1000 pips a few times a year, but that means if you do not use a stop loss you will lose your account a few times in a year!

For me I can not I trades without the uses of the stop loss, stop loss is very importants for any traders to keeps his money, and to identify a certains percentages in case of loss, and this works to controls the emotions as well,, so I think it's very usefuly for any traders should not be do without it really ! stop losses are very important for your account. but still must be careful in putting up stop loss. Stop loss will protect your money if you are wise in using them, especially when the Position you are wrong. Your stop loss to avoid a margin call, so use a stop loss and money management wise, and adjust the strategy you use.

forex instead of the casino, where profit rather than profit, where we can get the money there as well we should be able to perform management terhdap money in and money out, and the latter is los, forex trading in a way set out los money and forex trading profit is a very major because it can obtain financing on an ongoing case menerusdimana los then los can be set up to how much and how often to do not to disturb many of our trading journey, if the forex trading without the rules that remain in the fund when we amnagement without installing stoplos then more losses will occur quickly we can even create your account with a balance of permanent extinction glance we have to do with stoplos pengaturn trading on any trading that we open.

i think stop loss setting is very important in forex.some trader say,stop loss should be 50 pips or some others say 30 pips.but, i want to say, stop loss should be set according to market situation which prevent the capital. Forex trading main stop loss bahut jaruri or important hai.Lekin ye kbi kbi trading strategy par bi depend karta hai. kuch scalping karne waale trader to stop loss use ni karte hai or kuch long term trading karne waale bi stop loss ka use ni karte hia.

Forex trading main stop loss bahut jaruri or important hai.Lekin ye kbi kbi trading strategy par bi depend karta hai. kuch scalping karne waale trader to stop loss use ni karte hai or kuch long term trading karne waale bi stop loss ka use ni karte hia. i think stop loss setting is very important in forex.some trader say,stop loss should be 50 pips or some others say 30 pips.but, i want to say, stop loss should be set according to market situation which prevent the capital.

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.

Importance of stop loss placement in forex trading.
FOREX TRADING: IMPORTANCE OF STOP LOSS PLACEMENT



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
Asia #1 Forex Mentor from www.asiaforexmentor.com