standart Posted July 6, 2014 Share Posted July 6, 2014 traders can use manual cut loss. when they are has time to monitoring their trades. however, when traders has no time to monitoring their trades, better if they are set stop loss. scalper rarely to set stop loss, they are use manual cut loss usually. Quote Link to comment Share on other sites More sharing options...
Decub Posted July 8, 2014 Share Posted July 8, 2014 Those who don't apply Stop Loss make use of their mind and concentration. They night not have need for it since they think they can on their own, keep an eye over it and make some good profit from it. It is not a must to make use of it, rather, a necessity of which the trader can either comply or resist. Quote Link to comment Share on other sites More sharing options...
budado Posted July 15, 2014 Share Posted July 15, 2014 If you do scalping then I guess you don't need to put SL and TP anymore as you are monitoring your position and just close it if you leave. But if you feel that you need to target higher profit then I guess SL is needed. Except if you do hedging or averaging. Because in this two strategy what you need is deep pocket to make profit. Quote Link to comment Share on other sites More sharing options...
myregister Posted December 28, 2014 Share Posted December 28, 2014 But this is important, and some strategies that shared by some experts which is understanable for newbie require stop loss. With that guide, a newbie can spot how much pips that they should set when it comes to choose stop loss. Quote Link to comment Share on other sites More sharing options...
standart Posted January 5, 2015 Share Posted January 5, 2015 if we are want to gain good result from complex market, we should really careful. do not rush, remain careful and tried to stick with conservative approach. risk exist and sometimes, we are deal with loss result, that is why we should set stop loss. Quote Link to comment Share on other sites More sharing options...
myregister Posted January 6, 2015 Share Posted January 6, 2015 I am using stop loss because i already know how much total money that i want to risk with one position that i opened plus some spreads. Applying stop-loss just require one thing, an analytical view about trading if you miss this one then it will be different thing because your SL maybe too low or too high. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 6, 2015 Share Posted June 6, 2015 Same here, stop loss is a great feature for many traders around the world. Question for those who don't apply stop loss is why they don't use it? that is one of the great feature which many people get. SL is just another good feature that many people misunderstanding about it. Quote Link to comment Share on other sites More sharing options...
myregister Posted November 20, 2015 Share Posted November 20, 2015 If someone prefer to put Stop Loss that is their decision and that applied for the same traders who prefer not to put stop loss. But, if you are putting stop loss make sure the ratio is 2:1 and also it is better to me to put Stop loss since i don't have to watch over the candle for long time. Quote Link to comment Share on other sites More sharing options...
Gee Dee Posted March 26, 2020 Share Posted March 26, 2020 As the Forex market can be a volatile market, you'll have the option to endure a specific level of risk. To all the more likely ensure your trading capital, it's imperative to have a sound risk and money management framework with rules to follow. or on the other hand example, you ought to consistently determine your stop-loss and take-benefit levels before entering the market. Right now, already know the amount you're willing to lose and the amount you can hope to procure from your position. This is called your "risk/reward" ratio. Quote Link to comment Share on other sites More sharing options...
Rinanee Posted March 11, 2021 Share Posted March 11, 2021 You can trade without using stop loss, but you must understand what factors you need to take into account and what to trade. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 27, 2022 Share Posted April 27, 2022 Why not use that? quite a useful tool. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted May 1, 2022 Share Posted May 1, 2022 On 4/27/2022 at 11:15 PM, Vaabum said: Why not use that? quite a useful tool. We will need to start doing our trades with the use of the stop loss settings. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 7, 2022 Share Posted May 7, 2022 To be honest, this option is quite suitable for work. At least as long as I prefer to use it. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted May 8, 2022 Share Posted May 8, 2022 22 hours ago, Vaabum said: To be honest, this option is quite suitable for work. At least as long as I prefer to use it. I am doing my Forex Trading with the ECN Forex Broker FXOpen Markets and they allow me to do News Trading and Scalping Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 9, 2022 Share Posted May 9, 2022 This tool is quite convenient in terms of work, especially for those who know how to use them correctly. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.