Daily Routine You Must Follow, Before Trade, During Trade & After Trade.

[dead]

Yes sl minimizes our losses because we lose only a part of money that is fixed instead of getting mc in case trend is reversed or market moves against us.

although it sounds dangerous I also long to use stop loss trading career I rarely use it Will Because RELY more on discipline to cut loss Pls using an analysis of and that is the fact

[blackprince4u]

Setting stop loss and take profit are one of the most important rule of forex trading..
These tools help you in minimizing your loss and you can feel a bit relaxed if you are away from your screen..

Yes sl minimizes our losses because we lose only a part of money that is fixed instead of getting mc in case trend is reversed or market moves against us.

[anubhavsingh]

Setting stop loss and take profit are one of the most important rule of forex trading..
These tools help you in minimizing your loss and you can feel a bit relaxed if you are away from your screen..

[pivot-trader]

and do not forget the friends that you have to really train stoplos usage and cut loss with discipline because if you are not disciplined to do then you should have good money management

yeah discipline is important. same important like strategy and pshycologi. without discipline we can get loss easier.

[denira]

yeah i know, Stop Loss and Cut Loss is should in each our posisition, to minimalizing loss going to bigger.

and do not forget the friends that you have to really train stoplos usage and cut loss with discipline because if you are not disciplined to do then you should have good money management

[pivot-trader]

fellow patient is indeed the risk if we do not have clear rules when we have a large mines plot when the plot minus when it happens we have to create or define an SL or cut loss

yeah i know, Stop Loss and Cut Loss is should in each our posisition, to minimalizing loss going to bigger.

[denira]

on the advice no. 7. I had a bad experience by allowing the position floting loss until the weekend. and it makes the weekend I became uncomfortable. I always think of my position who experienced loss of 50%. I would not do it, because it's so painful.

fellow patient is indeed the risk if we do not have clear rules when we have a large mines plot when the plot minus when it happens we have to create or define an SL or cut loss

[rajuonline]

on the advice no. 7. I had a bad experience by allowing the position floting loss until the weekend. and it makes the weekend I became uncomfortable. I always think of my position who experienced loss of 50%. I would not do it, because it's so painful.

hey arjun bro what is your bad experience with it please share with us.
this is a good thread.. but some time following the trading rules is hard. ut this will be better if we follow this rules. the last word of this will be learn everyday before and after trading.

[arjun]

on the advice no. 7. I had a bad experience by allowing the position floting loss until the weekend. and it makes the weekend I became uncomfortable. I always think of my position who experienced loss of 50%. I would not do it, because it's so painful.

[soumen]

great thread for newbie. you are right and you point is good. I want to add that before trading fresh your mind . and always control emotion. take a brake after a doing some failure or success trade. and read the market news daily.