Importance of stop loss placement in forex trading.

[mark48]

yes stop loss placement in forex trading is very much important because stop loss prevents your account from huge losses in emergency situation in which you can not watch market every moment like electricity falls or internet connection problems..

[rokib]

I start my trading last few days and i have no more idea about this topic and i do not use this tools. I try to know about stop loss then use this tools in forex trading. I always try to learn more about this trading and i believe that if i have more knowledge then it is easy to get profit from this trading.

[husnaindfx]

Stop loss is a very unavoidable tool in Forex trading. for a new trader trading without stop loss will be a harmful decision. I always set a stop loss before in place that particular trade in meta trader when i started Forex trading i would not use stop loss and i lost a lot of money because of that.

[uk8877]

Earlier i have no idea about stop-loss. And then i loss lots of money. Now i know that if i personally use stop-loss process, then i probably defeat that loss. Now i personally use stop-loss as well as target profit both in my investing. And profiting out there. Stop-loss generally minimizes the amount of risks or maybe losses in currency trading. But should you invest decent quantity of capital, then its your would like whether you make use of stop-loss or maybe not. It's not at all that very much necessary.

[ahda]

Previously i have no idea about stop-loss. And then i loss a lot of money. Now i realize that if i use stop-loss method, then i probably overcome that loss. Now i use stop-loss and target profit both on my trading. And doing well in the market. Stop-loss basically minimizes the amount of risks or losses in forex trading. But if you invest decent amount of capital, then its your wish whether you use stop-loss or not. It is not that much necessary.

Yes. as what you ever sustain, Stop Loss point is very important in trading world. and sometime, we need to set an auto Stop loss. i also ever face a big loss when i did not place an auto stop loss. it was terrible cos my position already in profit, but, 5 minutes then the situation was change, suddenly the price falls without any news or data release schedule. i loss half of my fund as the consequence.

[Ary Baskoro]

Stop loss is taking a very important role in any opening position, with the stop loss, you can be saved from the MC, because this tool will automatically close your position if the situation is too much to lose ...
Most beginners do not notice it so much from the newbie traders have lost all their assets ......

[deep]

By setting Stop loss,we can peacefully go away from our trading terminal for other work that is still to be secure in our account, which will happen if the market is unpredictable and in some runs against our will. This protective gear like a helmet while riding a two wheeler wear it.

[lebar]

correct stop loss is indeed very important to the safety of our capital, and further continuation of our accounts, the use of stop loss is often ignored by beginners is because they do not want to know that the risk of open accounts is very dangerous and very risky.

[armansingh473]

yeh halt placing is usually a vital issue which most of the traders should try to learn along with train very well inside Tryout. along with all of that We skilled due to the fact We never make use of halt get rid of today I just now make use of halt get rid of at any time purchase which is exactly how important it really is to include a stop get rid of..

[IND88]

using stop-loss trading strategy is the key to our success because when using stop loss to minimize our losses. need to consider the volatility of a particular currency pair, and then set the stop loss according to it. If SL is too small will cause many small losse series which can lead to a big loss.