Importance of stop loss placement in forex trading.

[faral]

The importance of stop loss level cannot be over emphasized, every trader who follows the right risk management rule would not trade without his stop loss in place when he opens any position to avoid any risk of loss and even margin call.

[Yassine Kbichi]

i dont inderstind this part ''Trader shifted their stop loss backwards from the initial orange line thinking that the trade will go back down. They would have taken a huge loss as the move went up terribly fast and would have gotten a big blow to their account
Scenario C) Trader sticked to their initial stop loss, they would have just gotten a standard loss of the % risked in their account, based on their money management. And this is just one of the trades among the plenty, therefore this loss is not a big deal.'' ?????

[shubhamhero]

stop loss is always a must for every trader. many a times it become the case that the market does not goes as per our pre judgement. in that case it is must to use stop loss properly in order to avoid any serious loss which can not be recovered. stop loss is used to stay with in the limit of our investment and allows us to overcome emocional decisions.

[ishvara]

No matter what, the trailing stop loss should be used by a forex trader to stop losses that could come to them. It is a nice tool that we use to secure already made profits from losing more

[MASUMBD01]

Thanks a lot for your article, today i learn a lot from this trade and i can use your idea in my next trading. I think stop losses is a policy in forex trading for all trader.

[erum]

If you had a SL in place, you could have went to the 15m charts after the loss and potentially traded the up-swing if you care to trade against the 4h chart. First rule of not losing all your account, use immediate SL when you enter a trade. . . .

[ashwini]

stoploss, must be useful but we must know where to use this stoploss. main kya karta hun entry jiss tarah karta hun, ussi jagah par main apna order exit ho jata hun. jaise apne trade ko analysis karke entry kiye abb jab tak mujhe sell ka signal nahi milega main exit nahi hounga. jiss din sell ka signal milega hum buy ka exit hoke , sell ka trade main entry ho jayega.

[salmaq]

Previously my spouse and i have no concept concerning stop-loss. Then my spouse and i burning big money. At this point my spouse and i understand that easily use stop-loss technique, however most likely conquer of which burning. At this point i exploit stop-loss and also target earnings equally about my exchanging. As well as achieving a lot already in the market. Stop-loss fundamentally decreases the volume of pitfalls or even cutbacks with fx trading. Nevertheless in the event you invest good level of money, and then it is ones would like whether you employ stop-loss or even not necessarily. It's not at all much necessary.

[typer786]

yeah i am agree with you that in forex trading business stop loss is very important and its placement we should learn properly so we can trade properly and it safe us any big loss by forex market so i think we should learn stop loss placement properly so that we can trade properly

[cozard007]

I have being placing might stop loss intact since the very first day i started the trading of forex. It will do you no hard to place the stop loss, it will only do you all good. If you place the stop loss carefully, you will be a traders that manages his trading account, meaning that you are not trading alone.