Stop Loss and Take Profit...

[Nirzana]

Stop loss and take profit is the part of business.
To use stop loss is much better for new trader,
You can also target your profit. Forex is business. So definitely you have to be careful to make a trade or win a trade.
Thats it

[jagal]

In foreign exchange transactions, stop and profit is very important. If the market goes negative, you will get rid of the huge losses if the market goes positive, then you can make a profit. These two aspects are very important in foreign exchange transactions.

[ObaFX]

The use of take profit and stop loss could help to enhance trading efficiency in the forex market as this option can help to close trade at specific price so as to either capture profit or cut loss. Although the value of stop loss and take profit you should use for your trading depends on your trading strategy and your preferred time frame.

[camefx]

I will not use stop-loss because it took some time for the market interest rate to rise again, sometimes I use profits, and sometimes I do not use profits when i do not use profits than I see all day mt4 and when i do not see Mt4 than I use the profit of at least 40 points

[brainko]

Stop loss is a very good tools for new traders. If you set this option then after at the fixed hike price will be stop. as result it will prevent you form huge loss. This tools is very good for newbies but for expert traders its not essential. Using this tolls newbies can earn a handsome margin. and avoid a big amount of loss.

[maknopol]

Stop loss and take profit is the biggest thing in Forex. When we apply it we can minimize our losses. We should obviously maintain a ratio when applying stop loss and take profit. When we set up stop loss at the time of buy we should place it less than buy rate and at the time of sell we should apply it greater than sell rate.

[brainko]

Take profit and stop loss are important tools of Forex business to safe our capital and business so if a trader follow the money management and always take reasonable profit then he always stay in safe zone.

[maknopol]

you can use stop loss for buy order by putting it lower than your opening price and if i remember correctly you need to set it at least -10 pip(or +10 pip if its sell order) from current running price and for a pending order you don't need to set it when you open the order and the rest rule are the same

[Noman 4659]

Stop loss aur take profit bhut achi commands hai en ko use kr kay aap apne profit ko maximize kr sakte hian. Jab bhi trade ki jaye tu es mian take profit aur stop loss ki commands ko zaror use ki jaye takay ziada loss se aap ka account secure rahe.

[brainko]

When a trader opens a trade and he knows that he wont be able to monitor he trade it is advised that he places his stop loss and take profit, this helps to keep traders safe from the risks of losing too much pips when he opens a trade he wont monitor.