How use stop loss tool.

[mark48]

Stop loss ka use karna karna bahut asaan hai, lekin jab tak humare pass market ka achcha knowledge nahi hoga, humko stop loss kaha lagana hai, ye hi jaan pana bahut mushkil hota tha, stop loss lagana bhi ek experience hota hai bhai.

yes you are right putting stop loss to our open trades is not be a difficult task any way but to know at which point we should put stop loss is the main important thing which concerns more..

[bayumukti]

When we decided to open a trade we are expecting that price shall touch a particular level and we set our target at that price, but in case market goes against our expectation we can set stop loss price at level which we think is difficult to touch and still we get small loss in case it hit, thus limiting the risk.

your thinking is same with me.. we can decide to open position when we trade on forex trading.. and if we want to limit our risk in an open position.. we just can enter how much point that we can accept the loss..

[zanymoon]

Yes of course stop loss is very good tool to minimize risk and loss. We should use this tool in every trade so that in case our trade go against us, our trade close automatically after having some loss. Stop loss should be double of take profit.

[bagusfx]

Stop loss for me is a tool that can save our balance of greater loss, to use it is
actually quite easy to just specify the position pips loss orders to what level we
have to be closed so that the presence of the stop loss will save the balance

[sunila]

sl ka use ik acahy tareeqy sai karna he sab sai big bat hai kio k kafi trader jin ko market k barya mai knowlege nahe hota hai wo ayse he sl use kar daity hain jis ki waja sai wo market mai loss lai jaty hain sl ko ik experince k sath he lagana cahay...

[Muhammad Hanif]

I use stop loss less often because I can manage to give in my time to my trades and keep an eye onto them until the trades are been running.

[killer123]

stop loss ia a good technique to use in the trading but its a art to use in specific timings i like to uuse this

[preetsharma]

i am a beginner and learning with Insta trader demo account, so i don't know how to use the Take Profit and Stop Loss tools.
Somebody please explain it in this thread with help of Image.
its automatically close a deal...?

we can use stop loss by placing it in our trade and than it will automatically close as it saves our investment when forex market is going towards loss it automatically closes the position

[aspire4530]

how to use stop loss tool is placed a few pips from the current price it is intended that is not easily moved by the price we should therefore puts them at least 30 pips from current price

I think flexsibel sir, where we trade or what pair we trade. Remember sir, all have different characters. see or try to measure the daily range of a pair that we use to analyze our position at once open and placement stoplose well. if the pair is weak in the movement we can put a maximum of 30pips stoploss below 40pips, but if we use a pair that have aggressive movements we can not use 30 or 40 pips, of course, should be larger so that we do not always touched stoploss.

[ummuris]

How use stop loss tool.
In the Forex the most import ants tool . its easy to understand and easy use.
its start when we start a new trade then we have a option to take lose and how much trade .when market in rotation then we cant stop or close new deal but if we use stop lose then easy close new deal automatic

how to use stop loss tool is placed a few pips from the current price it is intended that is not easily moved by the price we should therefore puts them at least 30 pips from current price