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stoploss is a tool that we can use to limit losses, stop losses are very easy put, even that can be shifted easily. I myself have an EA that can be used to put or change the stoploss. Unlike the trailing stop, with EA we can arrange the right time to change the stoploss automatically.
Stop loss help us in minimize the loss in a single trade. most of the trader keep much balance in their accounts so they have to decide how much loss they can get in a trade and keep the stop loss setting to that levels only.Quote:
Originally Posted by wnormanw
This will help them minimize risks :)
hmm forex trading main stp loss to lazmi ha es k bagher to forex trading namukamal ha kioun k es ko ager app use nahi akro ge na to ye app ko kafi nuqsan de sakti ha app ka sarey ka sara aacount balnce he khatam ho jaye ga es liye main to app ko yahi kahoun ga k stop loss k bagher forex trading use na karo
stop lose must be a minimum a 1/2 of your target , for exemple if you have a target of 50 pips , your stop loss be 25 pip , and i think its good because if you loss a trade and you win a trade you can still have a profit
well the moment a person is determined to open a trade we are expecting that price will feel a particular ****e and we set our goal at that cost, but in case market goes against our expectation we can set stop loss cost at ****e which we think is tough to feel and still we get little loss in case it strike, therefore limiting the risk.
ji han dost ap na shai kaha stop loss ek bara zaberdast tool hai jis ki madat sa hum apnea ek khas figure select kar lata jo ka humra loss ki limit hote hai. stop loss ka use hum apni jab trade open karta hai wahi pa stop los ka bhi option hota hai ap apna target pips ka hsiab sa stop loss set kar ka deal open kar data hai.jo ka save trading ka tarika hai
Stop Loss is a good tool and by using it you can control your loss. It prevents you from big losses and margin calls. But i think it is not so easy to put SL. It is just like TP if you decide your TP with deep analysis then SL is also set by deep analysis. If u dont use the tool then ur account will blow off. Always place stop loss double ur take profit. if u place take profit for 50 pips then place stop loss for 100 pips...
I think using the tool stop loss is the right way but just maybe it is less precise due to the nature of the market it's just like the waves so all of it is certainly important that we know the return the top or bottom of the wave, and I think the best strategy is a wave without a stop loss
Stop loss is a very important tool in Forex.... It prevent our account balance from huge loss... If we set in our trading market and if the market goes opposite of our calculation the order will be stopped after hitting the stop loss point... So I think this is very helpful......
stop loss is a great tool which helps traders to save their trades upto a limit. The trader may set the ST before making trade. When trader is getting thie trade on losses then he/ she may control it upto a limit. Thats a great thing in Forex. TP is the vice versa of ST.