I find that stop loss is the safety belt than prevent the continuations of the loss when your orders is really wrong but i prefer the trailing stop loss because it gives the chances for makes more and more profites !!!
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I find that stop loss is the safety belt than prevent the continuations of the loss when your orders is really wrong but i prefer the trailing stop loss because it gives the chances for makes more and more profites !!!
so we use a stop loss and evaluate our trading. trade in forex trading business and also earn good money from this forex trading business. so, like too trade using forex trading strategy so all traders should be careful in dealing after decrease.
thank you friends for the advice you gave me in the trade agree that we should often put take profit and stop loss to avoid mistakes in forex trading analysis. The forex trading is not easy it's just how we are able to analyze and use it properly.
Stop this end necessary for beginners Forex trading, trade and you should feel that Forex trading is incredibly easy to profit, however, since they lose their money, "foreign exchange trading", then it assumes that trade Forex index tools before using a bookmark to save a lot of traffic in the capital.
Good tips of stop loss mathod, OK. Next time I have used this tip for my forex trade. Normaly I used 100pip stop loss and take profit.
Yes sir, i'm volitionally believe you, stop loss isn't just for novice traders it conjointly most significant of each traders yet as specialists. as a result of if safes U.S.A. for losing huge. forex value movment has no limit as you're opposite of your order your account are going to be closed however solely stop loss can prevent.
Our equity is the soul of our Account, and we focus on keeping it alive. Loosing all of our equity will stop our trading using particular account and drive us to deposit another fund to start another Buy or Sell transaction.
That's why, i will say that Stop Loss is a our safety belt when we are trading. Defining and setting Stop Loss will help us keep our equity from dying.
It's bad when price hit our stop loss, but at least it is not the end. Using a smart Money management, we still recover our loss using the rest of fund exist. compared when we use no Stop loss, we can only recover our loss by depositing another fund.
ge han stop ka istamall boaht hi zarory hai in forex.stop loss say ap apni orders wassy hi chor sakty
hai.with a stop loss ,ap ko bohat zeyada loss nai ho ga.
but you just got in a trap! this mega droid that makes ''millions'' never made any cent!
it;s just a fake ea with written statements to make people like this thread starter to buy them! imagine
if 10 traders what is almost nothing nowadays will buy
---------- Post added at 02:57 AM ---------- Previous post was at 02:55 AM ----------
I completely agree that you should not keep changing your mental stop loss, but i do not agree on entering a stop loss. Looking at 13:00 H4, for the 9th august 2010 as per this chart set up, you see clearly that the previous week was a double bottom at 161.8 level, clearly signalling a potential reversal to 0.0 or 9.0 or 100.0. Moreover the preceding candles were far away from the MAs, so they were retracing to meet up with the MAs. Prices often come back or move sidewards to meet the MAs after a big fall or rise. You can observe the same in weekly chart also.
In daily chart we see that the prices were actually moving sidewards on a previous support level, the low for the month of April for close to three weeks, in fact the whole month of July.
Best of all, if you look at H1, you clearly see that the yellow line was above the black clearly signalling a buy from the start of the day. Even the 13:00 H4 candle went up only on the 4th 1 hour candle meaning, the 16:00 candle in H1. (time varies between brokers). So you could have had 15 hours of prior intimation that the prices are about to shoot up.
The low zigzag in H1 and H4 clearly tell us that we should enter buy than entering a sell with stop loss. BUY LOW! SELL HIGH!
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BUY LOW|SELL HIGH