stop loss is very much important while trading in the forex market as you have to save your capital and if you do not try to place it then you may blow your account very easily as the volatlity of the forex market is very much high.
Printable View
stop loss is very much important while trading in the forex market as you have to save your capital and if you do not try to place it then you may blow your account very easily as the volatlity of the forex market is very much high.
for me , i usually set my stop loss limit at support and resistance lines that can show me when the price will transverse his direction to avoid any huge risk during my trading .
The Stop loss is a system or blessing by the brokers to the traders. It is as a some thing controlling the trading until some certainly as a pips or market. NOrmally traders do stop losses just to save the invest untill some level and then start over by new trade if still invest remains !!!
've certainly put a Stop Loss is very important for us, especially for traders, because of the use of stop loss function that is to minimize the risk of loss that may be we get. and if we do not use it then get ready to get a rather large loss.
i also use stop loss and take profit function always in my6 trade to earn good money and to become a successful trader as well as to avoid risk as much as i canQuote:
Originally Posted by meregehese
You are quite right there.It is so important for us to place a stop loss when we trade in forex . With a stop loss in forex,you can just leave your orders there Stop lose is the most difficult for the novice trader..
stop loss is incredibly necessary tool out there in forex and should be used as a security live to shield your capital from loss to a specific limit solely.it should be employed by starter otherwise their whole equity are subject to risk of complete loss.
No one denies that Stop loss placements is very importance in forex trading , its because every trader who does not use stop loss be prepared to accept the risk that he could blown their account including we will get margin call. there are many traders who like use Stop loss because they already understand the risks of forex business.
hello dear
if we can use stoplose trading means it's ready to be a trader but if it does not or can not use it segabai stoplose trader still in doubt .
..
there are many terms that very hel;pful in trading like stop loss stop loss reduces the risk of loss in forex trading many trader use it and if market goes negitive then stop loss close your positiopn at specific point so use it in your trading and reduce your loss .