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i think if we set stop loss in the forex market then we can make here very huge profit we always need to stay in touch with the forex market if we really want to win here good money, we always need to stay in touch with the forex market to win here good money, we always need to patience in the forex.
Stop-loss is good device if investor take dangerous and want to danger with big lot size. But if investor wish to business with small percent of stability, then investor can business and not use quit reduction. If for example, investor business with 1% of consideration, then investor may not use quit reduction because only 10,000 pips to strike consideration.
I do not thing stop loss is mandatory for all trader,but its gave help to trader for loss much money from Forex trader.its best tools to avoid from big loss.
Trade stop loss and also good with making people know profitts. However, using stop loss, is a better choice than usual. deficit to create a pfofit. stop loss need you the best equipment.
One of the main reasons of this is because Forex traders focus in the wrong information to make their trading decisions and totally forget about the most important factor: Price behavior. Most Forex trading systems are made off technical indicators (a moving average (MA) crossover, overbought/oversold conditions in an oscillator, etc.)
Stop loss is not mandatory in any trades, but you can do it manually when things are not as expected. For example, when you do scalping, short-time trading and you can oversee price movements intensively, then you can do close trade without a stop loss.
well i cannot say that it is mandatory to use stop loss to trade forex but it is just a kind of protective measures to trade so that you can save guide your fund in case of any eventuality mostly loss, there are some traders that does not use stoploss at all and they take what soever that happens during their trading
Hello, Buddy! We have to aware that to set that risk consideration we need kind of tool to cut our loss (when everything goes wrong) in fixed point. Without any kind of this tool, we will have uncalculated risk percentage and for sure our account stability will be in danger. So, wether we trade with big or small lot, capital or risk, we will always need this stop loss tool as our part of plan.Quote:
Originally Posted by greenpip
If you would ask me i would answer that yes stop loss is important in each and every single trade..i dont know the moment i stoped using the stop loss tool when i was beginner from that point onwards i use the stop loss option very much...
yes stop loss is an important with megatrader you can use and benefit from it .you should learn to use it properly to avoid un necessary loses.