SL uses,maybe sometimes it get touched only around your sl and moving as your first direction greatly,it will makes some dissapointed
points in your life,but it only happens sometimes,imagine that we didnt use Sl or put Sl higher than Tp ratio.
Printable View
SL uses,maybe sometimes it get touched only around your sl and moving as your first direction greatly,it will makes some dissapointed
points in your life,but it only happens sometimes,imagine that we didnt use Sl or put Sl higher than Tp ratio.
The importance of stop-loss level can't be over stressed, every investor who comes after the right danger management guidelineQuote:
Originally Posted by rebate lover
would not industry without their stop loss in position when he starts any placement to avoid any kind of risk of reduction and even border call.
Intraday trading stoploss is a important thing. If you r a weekly or monthly trader then stoploss is not a metter. But small trader (intraday trader) should use stoploss. Otherwise they have to be frustrated.
quit losses are important for your accounts. but still should be careful within putting up stop-loss. Stop loss may protect your hard earned money if you are smart in using all of them, especially when the positioning you are incorrect. Your stop-loss to avoid the margin contact, so make use of a stop loss and cash management smart, and alter the strategy you utilize.Quote:
Originally Posted by Suvra Datta
i think that stop loss is very important so you always use stop loss in trade. you have the perfect plan to minimize the loss in your trading. so it is also part of your discipline in trading . bu using stop loss you are able to arrange the funds you have to trade .
I believe in stop loss, and it is very important i think. What I disagree is to put my stop loss in metatrader, because sometime stoploss-hunter is occured. So, when i trade, I will just see the price movement, and if the price is going loss some point that be my stop loss in my head, i will close it manually. I do it for my trade.Quote:
Originally Posted by asiaforexmentor
stop loss is vary important all trader. some trader dont flow stop loss. they loss lot of money. lot of trader blive stop loss save him. i always used stop loss.
You are saying right but according to me that if you use stop loss tool then it means you have defined how much loss you will bear, i am not using this tool , i only use take profit when ever i away from the computer. But stop loss is some way important to avoid your whole account collapse.
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.
If you could nor use a stop loss , you will make use a cut loss directly . Because if you do not use stop loss and let it pirating, it will lead to a margin call. I think stop loss is very important for the new Forex traders and expert traders.with a stop loss, you can avoid losing so much if your analysis is week.