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Now i realize that if i use stop-loss method, then i probably overcome that loss. Now i use stop-loss and target profit both on my trading. .it protect your account against huge loss And doing well in the market.the beginner's of the trading must feel that forex trading is very easy to earn the profit.if we can use stoplose trading means it's ready to be a trader ..
Initially when trading I never use stop loss as to place a stop loss will only cause us to lose and I've applied in the trade take profit. but it is my assumption. when there is no strong floting hold my balance, causing MC. but when I installed SL it will not happen. after the incident every trade I always use SL and TP in addition to securing our balance, this technique is also able to train our trading emotions
yeah stop loss is very important in frorex trading . some people do not use stop loss because they believe market will come fix place again . but market does not come in fix place then trader lose there money.
Opening position at a lower level is usually when the price is the cheapest or most expensive position, so the best option for us as a trader can take a position from which we execute this strategy in order to gain the advantages and disadvantages that we get back the previous.
Stop-loss is not just important it is everything and not put on the stop loss in business he is someone who does not care about the money and want to lose even if he follows a deal to be the backup set to move the market very quickly and our website can not close the deal and the result is the loss of much of the capital ...
take profit and stop loss both are vital as take profit stops trade when desired profit is reached stop loss is far more important as if trade is not stopped it will continue to deduct money from our account.
too dangerous if we do not ever use a stop loss to put the stop loss will only cause us to lose and I've applied in the trade take profit financial management practices remain a major factor to achieve success and gain profit targets therefore we should be keeping the money our financial managementQuote:
Originally Posted by kaisar
yes true, indeed stoploss is a very important part of doing business. because it is in our trade, there must be times when we will make a mistake in analyzing and would be a loss. using a stop loss, we can provide loss limits. Therefore we use a stop loss in our trade, it would certainly make we will not lose too much. that doing so will allow us to survive and thrive in this forex business.
if you look at the issue and discuss what you have to say about it some people do not use a stop loss because they believe the market will come to fix the place again but the market does not come in a fix then the trader loses money learning from experience is the most valuable and therefore do not waste the experience of other traders to learnQuote:
Originally Posted by ramjan
stop loss happens to be the one setting with that we will peacefully flee from our trading terminal for alternative work our account will certainly be still safe if something happens in market that will be unpredictable and market runs opposite to actually our position. this is a service just like a protective gear like helmet we wear throughout riding a 2 wheeler.