for that I rarely use the Stop Loss prefer to arrange management well and make a strong defense to hold margins floating minus
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I do not think that there should be any confusion on the topic that wether we should place stop loss or not..
I used to ignore stop loss when i was new in forex trading and then i eralsied that i should have cut my deal when it was showing me -20$ because currenctly it is on -200$
These are few things which you must learn proply and apply in your forex trading otherwise you will surely become victiom of any big news or update
stop loss means stoping us to lose money. And its very important for us to set it in all our positions. Are we here to lose or profit? If profit then we should minimize the loss using sl.
is there someone who had heard of a broker hunting SL? if there is please share, or share experiences about it, for example you have experienced SL was touched then the price back again,..
its really scarry,. :(