How use stop loss tool.

[venus]

It's very easy to use stop loss tool in forex because we only need to set Stop Loss point to limit loss. But the most important is finding out the best price to place SL so it won't be easy to be hitted but also it can limit loss if there is unpredictable movement of price. I think Support and Resistance can be good consideration to place SL or TP.

[terajana]

stoplose can we set when we take a position in the market, and we can customize it to the analysis that we do ..
we can set stoplose based losses still to be received, and that can avoid us to get a greater loss in the transaction ..

[jony92]

stopl loss tool is very essesntial for forex trading. If u dont use the tool then ur account will blow off. Always place stop loss double ur take profit. if u place take profit for 50 pips then place stop loss for 100 pips.

[uptrendmen]

I can say that stop loss is a good tool if you can learn to use it. It must be used if you want your capital safe from hug loss. To use this tool you must learn about PA and have experience in trading.

[rebate lover]

A trader needs to place the stop loss on the basis of their risk and reward ratio only and it is a tool which is very effective and a trader can place stop loss by going to modify order and can make the changes from there.

[alimartono]

use the tool to stop the loss of maybe it was a bit complicated and difficult but need to be done in order not to lose money, but the use of these tools need to be ".

[babulal]

stop loss is easy to use......its all based on the strategy that u use for trading..stop loss can prevent us from big loss ....

[gurmeet]

stop loss tbh kaam aata h jbh aap loss mai jaare hote ho toh apne aap loss ko stop kar deta h aur stop loss i think sub traders use krte h kyuki ye subsay impotent h

[Jones]

In the forex market i dont there is a way to stop lossing in this market, but to minimized. I think to minimize the loss we can be using stop loss strategy in limit our losses.

[ntoed]

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

it was facility from forex broker to close automatically and it's no need special skill to use it. A trader needs to place the stop loss on the basis of their risk and reward ratio. we also can use the fibonacci extensions and retracement, pivot points, resistance and support levels to help us set our SL and TP.