stop loss is easy to use......its all based on the strategy that u use for trading..stop loss can prevent us from big loss ....
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stop loss is easy to use......its all based on the strategy that u use for trading..stop loss can prevent us from big loss ....
It's easy to use because it was facility from forex broker to close automatically and it's no need special skill to use it. But the most important is determining the best place for putting SL and TP. And usually Support and Resistance level could help us to put SL in the best place which is not easily to be hitted.Quote:
Originally Posted by Ronak
Yes if you use stop lose then it is good but if you use wrong stop lose then it dont useful for you. I agree with you but i think if you know where you set your stop lose and take profit it is very good for you. Every time i use stop lose and take profit with support and resistance level.
A trader needs to place the stop loss on the basis of their risk and reward ratio only and it is a tool which is very effective and a trader can place stop loss by going to modify order and can make the changes from there.
We know that Stop Loss is a price that is slightly below the current price at which we want to close the trade is to reduce the risk when the price will reverse and therefore it is very useful in risk management. We do this by changing our trading and typing in the price of halting the loss.
es forum min ya both he achi or best opportunity ha k ap trading ka doran take profit or stop loss dono used kar sakta hoo kuch forum ya facility allow he nahi karta es laya ya broker sub sa aha broker ha ab ayana sotp loss par ,stop us waqat used karta han jub loss ko boht dar ho or ap ko lagata ho ka market thori se be mara against chalai gi to mara sara ka sara balance out ho ja ga us waqat stop loss used karta han.Quote:
Originally Posted by forexpips
To know before making a trade must always refreeze the Stop loss because it is something important in the trade and it has its faults and benefits for defects then if a big business and the market has turned Unlike our job if we fix a small SL is a bad thing but if you have a small capital and fixed an SL so it's very good for our business because we avoid losing our account.
stoplos we can use to avoid more losses in forex trading we are open if the price is the opposite of what we're running at the time, stoplos very big point to prevent us from bankruptcy and capital depleted because of excessive los, so if the trading stoplos losses will not use easy to get, can we make stoplos tolerance in our area if we want to say is we can make stoplos between a maximum of 40 points from the price pembukana us if we open with a lot then we will lose $ 40 if the capital of us $ 500 we will be back in no time with our good trading system
stop loss is a tool which traders always use to make themselves safe by loosing their total capital because stop loss always make you safe by locking your capital because it always prevent the loss to its earliest stage you just have to set it by just double clicking on your open position and by selecting MODIFY ORDER from drop down menu.
stop loss is needed to anticipate price movements that we do not expect, usually after the open position, the price reverses direction, resulting in the loss. stop loss also serves to maintain the health of money management that we use