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Stop loss is taking a very important role in any opening position, with the stop loss, you can be saved from the MC, because this tool will automatically close your position if the situation is too much to lose ...
Most beginners do not notice it so much from the newbie traders have lost all their assets ......
Yes. as what you ever sustain, Stop Loss point is very important in trading world. and sometime, we need to set an auto Stop loss. i also ever face a big loss when i did not place an auto stop loss. it was terrible cos my position already in profit, but, 5 minutes then the situation was change, suddenly the price falls without any news or data release schedule. i loss half of my fund as the consequence.Quote:
Originally Posted by Morshedul
Earlier i have no idea about stop-loss. And then i loss lots of money. Now i know that if i personally use stop-loss process, then i probably defeat that loss. Now i personally use stop-loss as well as target profit both in my investing. And profiting out there. Stop-loss generally minimizes the amount of risks or maybe losses in currency trading. But should you invest decent quantity of capital, then its your would like whether you make use of stop-loss or maybe not. It's not at all that very much necessary.
Stop loss is a very unavoidable tool in Forex trading. for a new trader trading without stop loss will be a harmful decision. I always set a stop loss before in place that particular trade in meta trader when i started Forex trading i would not use stop loss and i lost a lot of money because of that.
I start my trading last few days and i have no more idea about this topic and i do not use this tools. I try to know about stop loss then use this tools in forex trading. I always try to learn more about this trading and i believe that if i have more knowledge then it is easy to get profit from this trading.
yes stop loss placement in forex trading is very much important because stop loss prevents your account from huge losses in emergency situation in which you can not watch market every moment like electricity falls or internet connection problems..
Actually the cost goes at will. Only excellent power can battle it. We could not battle it. And we may not always be appropriate research and forecast. So, we would certainly have mistakes in forecast, and well, very risky dealing without SL.
i agree that stop loss placement is very important in our trading. It would be really bad if all our stop loss is easily hit by the market. That would really suck big time. You are trading not to lose but to win so it is important to set a wide stop loss for the market to roam around a bit.
we have very big capital and we know the good of money management we can use stop loss , will be still safe if anything happens in market that is unpredictable and market runs opposite to our position.Quote:
Originally Posted by yogeshjpr
yes stop loose placement in forex is a good way and very important. when the new trader wants to trade in forex after using they face a loose in this time stop loosing placement is very important in forex. stop loose ke istemal se ap zeada profit earn kar skte hein.