Stop loss ka importance?

[cumil]

i like to scalp but i always use the stop loss but one more thing is important that maximum price hits my stop loss and some time i think that this is very clever system. it always move to your wrong side so you got loss.

allow me to know, how big an ideal stop loss for scalping technique? we know scalping is a technique that takes only a few points, then how about stop loss, is important to put Stop Loss on this technique?, if it is important, then how many ratio with a take profit that you have setting ...

[hardworks]

it also happen to me. so i quit using stop loss. but i use to hedge the position where i like to be my stop loss. and i always open the position with couple of pending order with small lots. and my friend this style save my account many times.

If you want to use stop loss, then use it. It will protect your fund. If you want to hedge your account, then it ends in some lose only. If you familiar with hedging, there is no problem. So, stop loss is more important than hedging, and also safer than that. So, use stop loss or don't use if you are experienced traders and don't go for hedging.

[ragib]

i like to scalp but i always use the stop loss but one more thing is important that maximum price hits my stop loss and some time i think that this is very clever system. it always move to your wrong side so you got loss.

it also happen to me. so i quit using stop loss. but i use to hedge the position where i like to be my stop loss. and i always open the position with couple of pending order with small lots. and my friend this style save my account many times.

[azhar]

Stop loss bhot acha system he lakin is ko traders acha nahi samjaty agr ap is ko laga kar trading karo tu jahan par ap nay stop loss lagaya ho ga jub trade wohan par jaye ki to automatic close ho jaye gi aur ap ki bhot sari raqam bach jaye gi

[anitagala124]

I think it is not a good way of trading. You should always put stop loss to your trades and if you do not like to use stop loss you should at least use heading for minimizing losses. You will never be in a profitable position if you will be trading in the same way.

[rakesh]

MAry khayal main har maheena trading kay liye acha hi hota hay lakin wo maheena jis main ap kee direction correct ho aur aap ka analysis aap ko support kary aap kay liye yaad gaar ban jata hay. mary hisaab say November will be my best month in all my forex career because i have some special plans for the month.

[rakesh]

Yes every month have good movements in the market but some traders go in right direction and some go in wrong. The trades who earned will always remember that time and month and the traders who lost will also not be able to forget the bad memories.

[nikhil]

each trader has a different strategy in reducing the risk of trade that they face but the use of stop loss is the most widely traveled or used the traders

[bestlooser]

Sl is so important because there is no limit of price movement of currencies .and its destroy any account if not set sl. its true sometime price return in previous condition but when its goes higher and lower then there is very high risk if not use SL and only this can save our account.

g bilkul agar aap k paas zyada paise nahi aur aap sirf 20 to 50 pisp hold karna chaho aur kisi waja se aap ka internt diconnect ho jaye to tab kya karo ge aap? is se behtar hai k aap stop loss use karo? anyway in long term trading i am manageing it well without stop loss.

[zoomfire]

Scalper avoid this because its very short time trading and everything happen very first . anyway i think its very very necessary to use SL to save our account atleast . i have an experience when there was internet problem ans when i got net again then see huge loss running that time and atlast i close that open position with not expected loss.

yes scalpers never use SL values and it is never recommended for them.Scalpers will aim only for short pips like 5-10pips.So if they give SL value there will be lot of probability it will get triggered.