Importance of stop loss placement in forex trading.

[rafik23]

Stop loss is very important to protect account money from loss but the most important is place the stop loss in the best point . so all traders must use stop loss because this market is very risky without SL trader can loss all account money

[fxaddictor]

Stops loss is the most difficult thing to do in currency and for me its a challenge because I never set any predetermined stop loss levels as I always try to cover quickly or exit when momentum fades after certain rapid moves and that is what we need to know that this market is driven by fear and nothing is guaranteed and when you look to trade it is the best way to use stops.

[fasholaforex]

Stop loss order is very important because it helps us protect our capital, in event of a loss, the effect is minimal, because you have an order to stop the trade at a particular level. Non use of stop loss order could be suicidal, take for instance CHF pairs on Jan 15 2015, where most of the CHF pairs moved close to 3,000pips within 1hr. Suppose you entered such trade and it moves against you without stop loss, it means you'll have your accounts wiped out

[soniailyas]

her experinece and expert trader apni trading mi lazmi stop loss and take profit ka use kerty hien , agar koi trader apni trade mi stop loss ka use nahi kary ga tu lazmi bat ha ke us ko loss hony ke chances bhi ziyada honge.

[SyedMuhammad151214]

Very good. This stop loss is very very good for minimizeing the loss and also if you do the management with stop loss than our loss will be minimize to much so both are very very good functions for us

[hasnainbwn]

je han forex ke trading main stop lose ek bht achi chez hai es se hum log apni enaring ko save kr sakte hain or yeh bht he best hai forex ke traidng main yeh hume lose se bhe save krta hai es liye best hai yeh

[noul]

stop loss ka pakistan mn to sb sy bra faida yh hy kh yhan bjli ka bhot bra msla hy ap ny ksi pair pr traid lgai hvy hy aur light chly jany ki sort mn us mn ap ko nuqsan bhi ho skta hy jb kh ap markeet ko study ni kr rhy is ly stop loss sy ap ko zyad nuqsan sy bchya ja skta hy aur profit jo ap ni fix kia hy ap ko ml jay ga .

[sayinifx]

Forex trading me stop loss use karke chalne se trader bade loss se bach sakte hai ess business me bahut kam trader hai Jo apne loss ko kam control kar sakte hai ess business me stop loss bahut importance rakhti hai trader ko apne trade me jaroor use karni chahiye.

[fxmoney]

stop loss is very much important while trading in the forex market as it is part of the money management. so it is very much important to follow proper money management so that you will not lose more than risk.

[hamada_el5oly60]

You are completely right as the experience made me to use stop loss and take profit while i was losing in my beigning i was not using stop loss or take profit but after i used them my results converted to be more better .