Importance of stop loss placement in forex trading.

[Ali 123]

Before i also dont use SL because of thinking price will come to my point but many time i prove not correct because price come in that palce but to blow out my account and after that
many time i always use now SL to protect my fund and keep my loss in certain level. Since the Forex market is quite risky and unpredictable market we need to manage our account with
very discipline , only then we will be able to make maximum benefit from the market. To do this we need to manage our risk very well and in this area stop loss setting in our order helps to limit

[yanto]

yes correct sir, the use of stop losses in every trade we opened I think it's important, that if the market does not move to the place that we want then we will be less likely to suffer losses

[Endeye]

stop loss is a important strategy for traders.we can minimize loss using stop loss.we can set our loss stage when we do start a trade and when will do cross our loss level then trade will close automatically.

If I very rarely use stop loss and prefer to use the lock, which is the opposite order in the same number of lots first OP. and after a certain price were at the highest or lowest duck then we can remove the lock to floating minus become floating plus. but remember, this technique will hold the balance in zero position, so the price move it anywhere you would not affect equity.

[rebaouianwer]

A lot of traders do not believe in stop loss placement.
Some believe in mental stop loss placement. meaning that when they feel that a trade is not going their way, they will then cut it off.
That is so terribly wrong. Stop loss placement is one of the most crucial key if you want to make forex trading profitable.

--when new trader make their trade they not realize how many pips stop loss is perfect for their trade. it's the main problem for new trader. in this cause they leave stop loss.long time they trade without stop loss then it's make their habit.!!!!

[ForexCepat]

Choose an account type that is suited to your needs. While the number of account types can be confusing, in general, lower leverage is better. Mini accounts are great for beginners, but if you already have the basics of forex trading down, a standard account is probably your best bet.

[davy2]

To the people who don what are there are soo many riskes that are involved with tradeing there is one thing that stop loss does make sure that you minimise the the riskes that you expose you

[AHMED2013]

stop loss is incredibly necessary tool out there in forex and should be
used as a security live to shield your capital from loss

[saifir1]

The stop loss has huge advanteges within the forex trading business. we must use them in case we are using heavy lots sizes. If we have very huge investments then we should never worry about the stop loss but in case of heavy lots sizes we should always make it use.

[harlikan]

stop loss is a important strategy for traders.we can minimize loss using stop loss.we can set our loss stage when we do start a trade and when will do cross our loss level then trade will close automatically.

[eko dessy setiawan]

make a nice treding winth slowly hart.... insyaALLAH all will be okay.... bissmillahirrohmanirrohim....
we next matery to be a biggest treder...