Thread: How use stop loss tool.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
So how do we spot a trend?
The indicators that can do so have already been identified as MACD and moving averages.
These indicators will spot trends once they have been established, at the expense of delayed entry.
The bright side is that theres less chance of being wrong.
---------- Post added at 12:32 PM ---------- Previous post was at 12:31 PM ----------
On GBP/USDs daily chart above, weve put on the 10 EMA (blue), 20 EMA (red), and the MACD.
Around October 15, the 10 EMA crossed above the 20 EMA, which is a bullish crossover.
Similarly, the MACD made an upward crossover and gave a buy signal.
If you jumped in on a long trade back then, you wouldve enjoyed that nice uptrend that followed.
Later on, both the moving averages and MACD gave a couple of sell signals.
And judging from the strong downtrends that occurred, taking those short trades wouldve given huge profits.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Dear ye bat ko muskil nahi hai jub ap koi b order lagty hain tu nechay option hota hai Stop loss aur take profit ka ap in main apni value select kar sakty hain aur is ka ye faida ho ga k ap ka account save ho jaye ga aur ap ki trade jub us level par jaye gi kud hi close ho jaye gi.
love forex
Dear forex market me stop loss ka use karna bahut hi easy hai hum jab bhi koi order place karte hai to usi time hum jistni marzi ho utne pips ka stop loss set kar sakte hai jisse ki hame usse jayda loss na hone paye hame hamesa hi stop loss ka use karna chahiye.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
using stop loss only when you are busy.it prevents you from big losses and margin calls. But i think it is not so easy to put SL. It is just like TP if you decide your TP with deep analysis then SL is also set by deep analysis.
Last edited by takabo; 2017-05-05 at 11:17 PM.
You can use stop loss when you are busy. You can not follow your chart and are also used to control your greed if you can not control your own. The best use is when you expect the price to go above this point the loss is significant because there are no resistance points, for example in the case of a sale
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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