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if a trade who do not want to loss the amount and do not want to out of trading then he must set the stop loss in the trading. trading without stop loss is like ready to loss your all amount. scalper trader do not use the stop loss because they think 5-10pips easily they can make they also use stop loss.
Experience is an asset on behalf of us. Since we are not able to preserve and make conform how much cause detriment can we receive it we will go on with to fail. So many traders I've met and unsuccessful. Management he may perhaps not he receive the funds. He immediately wanted to quickly move intense results. Miracle will not take place by itself if we accomplish not intend to try and pray.......!!!!!!!!!
meray liay kafi informatics hai yeh strategy kunkay meinay issi cheez abhi tak nai ki barhal mein iss ko check karta hoon aur dekhta hoon kay aaya kay yeh post meay liay kitni faiday mein hoti hai.
Stoploss is like car auto braking system, it can to save you from accident.
Limiting risk is as important as making profit, without SL your loss can wipe out hard earned profit.
Always trade with stoploss
stop-loss has many functions in the forex one of the most important of these things that take advantage of the stop-loss it is one of the most
important tools that support them rolling in the management of money and do not Iike that money management is difficult and reguires a lot of study
End loss is essential for that currency trading, as the dealing in the investing need to think that currency trading is make easy to acquire this income but when they reduce the money inside currency trading they'll likely imagine that around the currency trading indicator's and also instruments, and so easier to use the investing signal to avoid wasting this investing money.
I use SL and TP just to make secure my positions but i keep in learn so far, there is no direct way or shortcut to be a nice trader, you require time to gain more experience to do, and then they get to know him as the best lesson .. Step by step they pass thisQuote:
Originally Posted by dedist
Yes we must becareful in our trade make sure not loss money so much here, if any one get success result then firstly needs to learning nothing not to be possible to get with out learning so try to focus on learning part firstly then think differently Forex learning is not so difficult any one can complete it more than a month if learn carefully.Quote:
Originally Posted by cardinal
yes I think otherwise used stoploss, you will have many great loss but to be able to set the stoploss good, we need to have good skills I think we can use MA or BB would be a fibonacci to do it
Stop loss is very important in the forex market and we should have this all the time in our trades in order to have minimum loss and maximum profit and that would be only possible if you have some understanding of this business .