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Ap ki baat durast hai k es business mai loss bhe hotey hai. Likan profit bhe hora hai. likan jab hum market mai proper strategy bantey hai tou es market mai hum good profit earn kr sakty hai. Es business key learning sey hum loss ko bhe easily control kr sakty hai.
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Yes stop loss is part of a business, and also a good practice, every new trader make same mistake over and over again that never put SL and TP for every trade but it is essential for secure capital and also profit, I am always put my SL and TP and that's why my consistent in Forex grow up day by day.
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I think if you have a good job or education to do it then please try and take Forex as a second income earner. when you find yourself in such a condition that you can do very well in Forex and can make lots of money to survive then you think of taking Forex as your life-long business. and yes of course you can do it as a full time business for this, you have learned and practiced it full time as much as you can. many people have this profession in their lives and they are totally dependent on Forex so they are successful in life and have great growth in the Forex business and Yes I think you have to be careful to control your emotions when you trade because if you turn into greed, you will lose your trade. To control our emotions so that we can trade properly, we must have a system of trading methods and we must obey the rules that we have made
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I agree with this problem: stop-loss is a major part of this work. We need to use. When I moved I didn't have to use stop-loss. I use a stop-loss that can make me really think that it's not a serious operation. and In stop loss trading it is associated with the amount of loss that we are prepared to face with positions opened with profit targets. everyone has to calculate risk appetite there and find what losses they can absorb with the current position and therefore place appropriate stop losses.
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yes of course you say right Losses are part of forex business and so stop loss is must to be applied, when we want to stay in a business we have to adopt its rules to succeed.
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A stop loss will save us from bigger losses, forex being risky business we buy profit for risk and so it is must for us to take appropriate measure to limit the risk.
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To be sure, stop loss is a good tool that prevents traders from big losses. If installed the trader is relaxed that if there is a loss then it's bearable. Beginners must have knowledge about stop loss because they have no market experience and they can avoid large losses in the initial sdages. This is part of the forex trading system. and we realize that this is important, no matter how serious it is, I have dealt with it for a long time and we don't use it often, I prefer to work with hedging techniques or maybe stop stopping to burn items that are applied by myself or maybe in the case necessary I just work cutting burn see that my last choice is personal
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in forex there are two options that you can place your trading limit where you can fix the point if your price has a possibility of going down then through a stop loss the trade will automatically close at this point and your amount will be sold. and Stop loss is part of the business if the trader uses stop loss then the trader some time saves their account from large losses. Traders must set a stop loss in a good position. I always set a stop loss and take profit at the exchange rate of 1: 2.
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Losses in every business no one can say that the business gives 100% Profit and they do not face Losses, For a good business we must remember both points of view, we don't just depend on Profit, Forex trading is the only business where you can make lots if you use forex carefully ... Enjoy Happ income and a lifetime income with forex and in any business, there must be a plan for how much loss that might occur or be acceptable. and forex trading. Most traders only think about how to generate profits, but many don't know or don't want to know how to manage risk.
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Yes, I also agree with the fact that using stop loss on every trade is very important and helps traders to fix the limit where the trade is closed if it touches the stop loss level there by helping traders not to lose more losses and if the account is small in size blow up accounts, so it's very important to use stop loss if you are a smart and smart trader. and In my opinion, I think using stop loss in trading is very important because this is part of the business and also helps most traders to protect their capital and limit losses so I advise all novice traders to learn how to use it.