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I think forex is a good job.Yes, you can use the stop loss in both ways and you can also tighten your stop loss once your position become profitable and your profits will be locked, i am using an EA that works in the same way.good luck..........................
I think so that stop loss is a very good trading strategy in the forex market. Using stop loss forex traders can control their trading risk in the risky forex market. Using stop loss traders save their money from the forex market heavy loss. So using it is a right strategy to trade properly.
The term 'stop loss' is a good strategy in Forex trading.The expert trader always use stop loss and take profit.Stop loss makes our balanced symmetric if the market signal goes to the opposite of trader.So this is urgent to maintain the term 'stop loss' and 'take profit'.
Main to koshish kar raha hoon kay mujhy koi job mill jay aur maree jan ful time trading say choot jay, mary pass agar koi aur source of income ho to main bohot barray profits earn karoon kion kay mujhy panee livings ka dar na ho to main bohot behtar kar sakta hoon is market.
Of course, is not bound by the broker until major works are puzzled very, conduct transactions at any time, I at 14:00 until 16, we since an example of a specific day in the foreign exchange market to free trade: will be used to deal with lunch time: 00 hours, in the evening until 8:00 p.m. to 10:00 p.m.
It is just my opinion
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Forex is a bless for all kind of employed and unemployed people. Many trader use Forex trading as their main profession. A successful Forex trader can earn more then many other profession employed people. So i Think For a experience trader its not a fact if he is employed or not. Some traders job income become a partial of his full income. Day by day Forex addiction is increased.
Stop loss is one of the important things for trader. Using stop loss trader can survive from become empty. If trader trade more lot then equity ratio then trader must use stop Loss policy to survive in market. But when trader have huge equity then no need for use stop loss because using stop loss is not good for all time.
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I am a Beginner in forex, I am a part time foreign exchange trader, My first piority is my job and second is forex. So I will not give up my job for forex.