Is stoploss is mandatory in every trade??

[Sabbirbd]

Yes this is mandatory in all trade . If any one just going with loss then no one want to come to forex trade and any other trade . So this is must mandatory in all .

[zizhost]

For me personally stop-loss is very necessary throughout dealing currency markets. You would like to make profit throughout the foreign currency market you must sustain bill first, so you can do this using stop-loss functionality. you may prevent huge damage from it and have additional chances to make profit.

[executor]

Every day hundreds of Forex traders blame themselves for being so naive and trading without protective stops. Hundreds of others lose funds worth weeks, months & even years of trading just only in one very unsuccessful trade.

And yet another hundreds of traders, having heard dozens of times about importance of protective stops, open new trades ignoring the well known money management rules.

Stop loss isn't often a favorite tool for many Forex traders as it requires taking necessary losses, calculate risks and foresee price reversals. However, a Stop loss tool in hands of a knowledgeable trader becomes rather a powerful trading weapon than a cause of disappointment and painful losses.


so tell me is stoploss is neccesary in every trade?

STOP LOSS is the savior of capital, so capital is not directly discharged when the market moves beyond the forecast. Indeed stop losses will reduce our balance, but it is very important to use all possibilities in the face of forex trading.

[aina]

I think that the meaning of the stop loss is to rescue the trading positions and the capital both at the same time. And I find it as a must in every trade to have the stop losses intact to have the greatest profits.

[ForexMarket]

For me stop loss is very necessary in trading forex market. You want to make profit in the forex market you must maintain your account first, so you can do that with stop loss funtion. you will avoid big loss with it and get more chances to make profit.

[redlion]

i too trade without a stop loss but i think its useful tool if u have a small capital. eventhough u have to bear a loss with a small capital its useful since u dont have much money to absorb the market fluctuations. so having a stop loss can be useful but it can also be a damping factor for earning profit.

[jab we met]

i do not think that stop loss is mandatory or not we can trade in the forex market and whether we set stop loss or not it does not matter stop loss help us from avoid from the huge loss

[aarti]

depending on your trading system and the risk you take you would choose to set stop loss or not
if you are scalping, stop loss in mandatory of course because you are taking high risk
but for intraday traders it is optional, you can use it
or choose adding more positions when the pair floats more in minus

[sudsind]

there are two things either you should trade with ultra small lots, i mean trade very small lots or 1-2% of your account balance, that way you can hold up the position for long and if closed you will not get much loss, this way you can trade without stop loss, but if trading bigger lots or even medium lots, you should always use stop loss, but stop loss should be justifiable i.e. not very close and not very far away

[Mas]

exactly once with a stop loss and profit teke then we would be safe if at any time there are changes that we put the price of the previous, for example,
we sell in the buy market position, how do you all think?