How use stop loss tool.

[anubhavsingh]

Stop loss is a device in mt4 that enables the trader limit his losses should the trade go the wrong way, you should have a value that is safe for your account and the trend.

stop loss ki madad se trader apne losses ko kam kar sakte hai aur money management bahut aceh se kar sakte hai..stop loss bahut hi acha forex trading tool hai aur isski madad se trader apne account ko margin call se bacha sakta hau

[narendra]

Yes if you use stop lose then it is good but if you use wrong stop lose then it dont useful for you. I agree with you but i think if you know where you set your stop lose and take profit it is very good for you. Every time i use stop lose and take profit with support and resistance level.

[chetan]

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.

[rajesh]

Stop loss is a great tool to be used in forex trading for avoiding large loses and also if you are not on your trading terminal it prevents your losses to get bigger than the point you specified. I think that stop loss is the greatest and safest tool in the entire trading.

[sachin]

Stop loss tool is really effective in staying safe from getting your account blown all the time. Always remember to use stop loss and never trade without it and put your account at stake hoping for price to favor you. If you survived today, you can trade tomorrow, but if you loose all, then how will you return in market.

[siddesh]

Stop Loss is a good tool and by using it you can control your loss. 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. The wrong use of SL does not give you good results.

[sasmita11]

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.

[Abdomhadi]

there must be something very important in Forex we should have confidence in ourselves that what we do in trade is right. Its best to use our own minds, rather than depending on others and Robots.One should treat that would not show any kind of complication in handling future and have good methods and not to be negative.

[raka999]

I hate stop loss ver much ,, but to be honest it's an important tool to minimize your losses as much as possible.

why you so hate stop loss? without a stop loss, we will lose even more. with SL, we can learn to discipline. loss of 50 points is better than loss 100 points ...

[Thakur]

To use stop loss is not difficult, you just use the stop loss option when you are opening deal. Also, when you set you, you can also modify trade to set or adjust stop loss. Stop loss will be according to how much you are willing to risk in the trade.