Importance of stop loss placement in forex trading.

[fxmoney]

Money management is very much important while trading in the forex market so for that you must have to determine the risk that you have to take so that you will place stop loss and take profit at proper level.

[bhattipak]

forex trading, because the beginner's of the trading must feel that forex trading is very easy to earn the profit but when they loose their capital in forex trading then they think that about the forex trading indicator's and tools.

[PANKAJMEHRA]

as i am telling every beginners that stop loss is a must use order for them cause they have low account size and it can prevent their account from uncertain market movements and when they become professionals in trading and account size is good to hold multiple losses and they can think of avoiding stop losses.

[fxmoney]

stop loss is very much important while you have to follow money management so try to understand the risk that you have to take so that you can use proper stop loss and take profit for your trading without any emotional factor.

[mukas]

in fact I always think that use stop losses in the trade is very important. we will be able to calculate the risk of loss to the management that we have applied in the trade. by using stop losses, we do not have to worry about losing all our money if a loss in trade

[mix]

dear I do believe its true that stop loss placement is very very necessary for forex trading. Because, stop loss is very useful when we take profit. If there is no fixed way to do it exactly most of the people follow the way they feel is better for them. So i want to say that you must set stop loss thing and gain good capital.

[fxbirati]

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 brother we should know that in forex trading, stop loss has an important role and we should not trade with out proper knowledge of trading, basically we have to set stop loss at every trade because the forex market could react any time on the basis of fundamental news.

[dafi]

yes dear in fact I actually consider all Forex traders should put stop loss for their trades ,you need to analyse the chart and know where to put stop loss before open position ,and keep a rule like never change stop loss or take profit level .because new traders use to close profit trades too early and run the loss trades till the stop loss

[Manite]

with out stop loss trading is very risky so better to use the stop loss indicator in the trading and to save the capital from big loss at once, so must take the demo trading practice and learn the stop loss with practice, stop loss means to make the risk minimize.

[fxjais]

Forex trading me stop loss ki bahut importance hoti hai kyoki stop loss humen humari capital ko safe rahta hai actually stop loss hit hone par humen kuch loss to hoti hai magar hum big loss se bach jaate hai esiliye stop loss ke sath trading karni chahiye.