Importance of stop loss placement in forex trading.

[ki pleret]

Incredible. I will learn you about financial management. In this trade, what you say is the most important part to survive.

[gandhi]

yes i agree that in forex trading is risk, but it is important to have good money management including giving stop loss order to minimize the loss occurred ..

dont give up

[hanna]

It is very important for the all of trader,Because it has most important message.Because stop loss is the difficult for the trader.When I can use stop loss then I make loss the trade.Now I am not use the stop loss.But now I learn how to use stop loss

[sofeenevu]

Stop loss is essential for every traders for their capital's safety. I also agree with you. But i try to develop a new way to minimize this stop loss using hedging methods although still i can't get the best result.

[monsterzz]

the use of stop loss each of us to open trading positions are very important for us to do so we can limit the losses that we might receive when trading. Let us lose a bit of our capital, rather than bankrupt our account because we do not use the limiting losses.

[FREEDOM]

So far i don't use it as of this moment , as if do have bigger and better trading capital so it will be worthy to put stop loss . as it will only drain those small capital if we continue to have stop loss in our trades . this is upon on my observation .

I think whether we have large or small capital, stop lost still essential and useful to reduce our risk in opposite position from the market direction. Without stop lost may be our account will be in great danger.

[Rak]

Stop loss is the most important tool in our hand which can save us to stay longer on Forex ,if we do not put SL in Forex then we can not go long as some time we will be in such a great loss all our capital gone .If we do not put TP that is not so harmful ,But no body should trade without SL

[wazid201118]

when we open any position we can not remain confirm its profit.so then we can use stop loss order in our trade to make profit.we also need to use it to get protection from huge lose and margin call and can make profit from trade easily.

[BANGUN]

If market price is heading so close to our stop loss, then we must not do anything. Do not ever try to replace your stop loss at further level from your open position level. the forex trading indicator's and tools, so better to use the trading indicator to save the trading capital.

if it looks like we moved the stop loss is no need for us to change the stop loss stop loss it shall we leave it untouched so we can get the comfort and look for other opportunities to open trade positions again

[thdiri]

I see that the placing of stoploss is the first step taken to protect your account. its one thing to set stoploss and it is another to know where to place the stops. you can determine this through pivot pointe !!