How use stop loss tool.

[gava]

It is an order place with a broker to buy or sell once the stock reaches a certain price.A stop loss is designed to limit an investors loss on security
position.setting a stop loss order for 10% below the price at which you bought the stock will limit your loss t 10%.for ex-lets say you just purchased Microsoft at $20% share.right after buying the stock you enter a stop loss order for $18.this means that if the stock falls below $18.your share will than be sold at the prevailing market price.

[gava]

i think stop loss tool is very important tool for all traders.it will be more useful to minimize the risk in their trade and also to control the loss.
the beginners should try to practice this method in their demo account and then implement in their real account

[mita]

ye to kafi dangerous ho sakti hay jo situation aap bata rahay hain, hamesha stop loss use ker kay hi trade kerni cheay. kisi bhi maslay ki sorat may stop loss ap kay account ko blow honay say rook dayta hay.

[venus]

It's not hard to use Stop Loss in forex but you must make good analysis to realize that because it will be uneffective
if you didn't place it in the right place. Stop Loss is important to prevent big losses and Margin Call in forex trading.
I prefer to use stop loss as risk management strategy than another risk management strategy.

[zahidrock]

I think stop loss are very important for every newbies. Because stop loss can protect your balance on trading. If you use stop loss then you can't face any Margin call on your trading. So you can easily reduce your risk on trading with stop loss.

[Techno]

For most of my trades i use three times of my target profit otherwise i consider resistance and support level for stop loss. Because stop loss is the tool that can limit out loss and if we calculate our loss at time of trade planning than than can save our capital from big loss.

stop loss does serve to limit the losses that occur because of the price move is not consistent with predictions that we do. so important for us to limit the losses that may occur to us. with a stop loss, then the trader can be more calm in trading. because they already know the amount they would accept defeat if it loses.

[playfx]

sometimes saying that we have to always use stop loss in our trading is easier then trying to apply it in our real trading condition. this is usually happend because we still too afraid to let go the losses that might happen no matter how small it will be. so we would abandon the SL method and trying to hold the position foreverly.

[Techno]

SL position is very much essential for all traders, cause this market not move one direction this is two direction market traders can make profit any way he like if he is in right direction, but when market move so fast and our lot size is not suitable for invested capital then stop loss will make us secure in platform. Thanks

to use a stop loss is very easy.
we can do to set it up when we're going to buy or sell position.
so that when the position is executed, then the stop loss has also been installed.
This greatly helps traders in their account security, from risk.

[manibhai2012]

According to me the stop loss is one of the most important thing in the Forex market the trader who has less equity than he should use the stop loss because its very good for your trading account ,Trade smart and happy trading to all.

[swatjazz]

Stop loss tool very helpful applications in real forex trading. By using this tool we can prevent our capital from huge loss. We set a level as we assume that minimum level of market will remains this as the market touches that level the position will automatically close. But normally in short term business this tool not used by maximum traders they only use it for big lots where loss risk is high.