Stop loss ka importance?

[anubhavsingh]

is trading with gold and silver this profitable like cumil said above that even 70.000$ can be made, is it really that achievable?

zaruri nahi ki aap paisa sirf gold ya silver me hi kama sakte hai
aap kisi bhi pair pe ache se study karenge to aap bahut acha paisa kama lenge...maien kayi aise tradres bhi dekhe hai jo sirf eur/usd me trading karte hai aur bahut paisa kamate hai..iske liye experience ki bahut zarurat hoti hai

[nirale]

i have started to trade since 3 months now so not tht much of profit to bragg about but the last month (july ) was a bit better coz atleast i managed to pull of a few small profits in short term trade style

[nirale]

is trading with gold and silver this profitable like cumil said above that even 70.000$ can be made, is it really that achievable?

[shinde]

stop loss can be a big saver in terms of saving ur money from going in loss, everytime you cannot be on ur own prediction to do the trade coz you can never know when the trend starts to dip in ur opposite direction, sl can be very usefull when you are not able to be in front of ur chart to analyse ur trade and also in terms of some problems like net not working or pc problem then sl can save you big time !

[bigearners]

There are several A Very Important Point In The use of Stop Loss (SL) of them are:

1. Protecting Capital, Or our Trading Account.
2. Protect our profits that have previously been obtained.
3. Protecting a very big loss, if there is a sudden movement of a big enough
4. Protect our capital if there are technical obstacles that occur, for example: Computer Erroor, problem electricity, internet connection is lost, Disasters, Etc..
5 And Stop Loss Is part of Money Management that is Very Important.

yeah true..its nice explanation with points given by you so that members of the forum understand easily importance of SL as compared to not using Sl.
even, i had face few of the issues you had mentioned in my past attempts that like once upon a time when i had open a position in forex market with IFX broker but after opening the position my internet connection started problem and not connected to next 2-3 days.. when, i had checked my account the next 3 days.. its surprising to see my account blown away..then, regretting the fact that myself made a mistake of not putting SL into my position.

[cumil]

i am a beginner, so i know only little about Stop Loss and Take Profit,
but it's very help full for Every trader.

There are several A Very Important Point In The use of Stop Loss (SL) of them are:

1. Protecting Capital, Or our Trading Account.
2. Protect our profits that have previously been obtained.
3. Protecting a very big loss, if there is a sudden movement of a big enough
4. Protect our capital if there are technical obstacles that occur, for example: Computer Erroor, problem electricity, internet connection is lost, Disasters, Etc..
5 And Stop Loss Is part of Money Management that is Very Important.

[yogesh]

Those dont use stop loss simply give the reason that they dont want to book losses, but my question is suppose as per your strategy you should trigger stop loss at 1% by not triggering that are not you simply leaving your trade open to lose unlimited percent. And also you can take it other way that by trigger stop loss you shall have opporutnity to open trade at more attractive level so getting into bigger profit and that too faster.

[amscalicut]

i am a beginner, so i know only little about Stop Loss and Take Profit,
but it's very help full for Every trader.

[Anand]

Jo log stoploss use nahi karte wo sahi me trader nahi hote.Forex market ya kisi bhi market me trade karna ho to usme pahle kitna paisa loss karna hai wo bahot jaruri hai warna loss itna hoga ki aap trading hi chod denge.

[nikam]

he he he nice quesion.
i think u r finding u r luck means first watch all's best month and than try to select ur's.
last month means a previous month was best for me.