Why we should use Stop-Loss?

[Arcee]

yes that all will be good. and use SL as the final option to overcome unwanted condition and it means, it is not funny if SL is always touched by the market price.. A stop loss will help you avoid losing so much, it will act as a guard to avoid more than you can afford to. you can control your losses with your stop loss. they are very helpful. make a good analysis to put the order at the right track

[Hina]

Foreign exchange industry is risky and volatile. Currency trading traders using stop-loss can control from heavy loss from forex. So using stop-loss is important for profitable currency trading in forex. So it's much needed to use stop-loss for doing good trade in forex.

[adingh]

By utilizing stoploss, all of us currently safe our own accounts through obtaining larger reduction. There are lots of investor from generally there who else did not might use stoploss in most their own industry. Which was no problem when they can perform reduce reduction if this had been required

[navijinawaz]

Stop-loss or no quit doesn't really issue much. what issues is good control. It is not recommended for one to always use great lot in every business. Nevertheless, complete deficiency of quit reduction utilization when using great lot is dangerous as this can clean off your whole cash in a second. thank u so much

[IjoProfit]

Most of the traders apply stop loss to their trades, it is often seen that prices return to same level after some time, do not you think it shall be wasting money triggering stop loss when you know your prices shall come back after some time or your trade shall return in profit?

because of the use of stop loss then we will be more secure in doing this trade
so I'll be able to get a way that I can use in open position with a more secure again in the trade I would do sir
this way then I will be able to make something better sir

[happyjoe]

Stop loss or no stop doesn't really matter much. what matters is good money management. It is not advisable for one to always use high lot in every trade. Nevertheless, total lack of stop loss usage when using high lot is deadly as this can wipe off your whole money in a moment. If i may really teach anybody forex, i'll strictly warn that student never to ignore the use of stop loss

[mddellel]

I agree with you that these are some of the main reasons of Forex loss. But the greatest reason of Forex loss is lack of trading plan and lack of discipline to follow that trading plan so for noobs SL is the solution

[navijinawaz]

really if sometime your company goes incorrect then you should have to shut it instead of patiently waiting it to come into a benefit , well people being selfish is not excellent in this company and many of them are struggling reduction and also ruining their consideration. best trading

[krishchi]

yeah if sometime your trade goes wrong then you should have to close it instead of waiting it to come into a profit , well guys being greedy is not good in this business and many of them are suffering loss and also blowing their account.

[biyen]

there is an interesting question: If we still had strength enough margin to hold floating up to hundreds of pips, do we still have to use a stop loss?
For traders who do short term trading pattern, may be an important stop loss because he did not want to hold too long minus. But for longterm trader, I think they would never do stop loss. They prefer to use hedging or martingale to minimize losses that would arise