Vaabum Posted February 12, 2021 Share Posted February 12, 2021 I usually try to use this strategy as a last resort. Quote Link to comment Share on other sites More sharing options...
Pyridge Posted February 17, 2021 Share Posted February 17, 2021 What options have you already tried and what did you fail? or immediately ran to the forum? Quote Link to comment Share on other sites More sharing options...
Monaya Posted February 19, 2021 Share Posted February 19, 2021 Stop loss can protect us from unexpected losses, but it will also depend on whether we can place it correctly, so this needs to be learned. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted April 4, 2021 Share Posted April 4, 2021 you must understand that it all depends on your version, what you are working on, and on the approach to work in general Quote Link to comment Share on other sites More sharing options...
Vudorg Posted April 8, 2021 Share Posted April 8, 2021 Indeed, you can learn how to properly insert knocked, if you want it to be effective. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted May 6, 2021 Share Posted May 6, 2021 it all depends on the person himself, and his understanding of the very work of forex Quote Link to comment Share on other sites More sharing options...
Viran Posted May 6, 2021 Share Posted May 6, 2021 Understanding where to place the stop loss depends on the trader himself, because it all depends on his strategy, on his knowledge and on his trading style. Quote Link to comment Share on other sites More sharing options...
Rinanee Posted May 11, 2021 Share Posted May 11, 2021 I learned to set the stop loss correctly when I was practicing on a demo account because it is influenced by many factors that need to be taken into account Quote Link to comment Share on other sites More sharing options...
gds221 Posted May 11, 2021 Share Posted May 11, 2021 I can only say that understanding the correct use of this tool comes with time, and this is far from easy) Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted May 19, 2021 Share Posted May 19, 2021 you need to look according to your desires and capabilities, and then decide how convenient it is for you Quote Link to comment Share on other sites More sharing options...
gds221 Posted May 20, 2021 Share Posted May 20, 2021 Most often, the position of this depends on the situation on the market, and it is not always possible to guess correctly. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted June 22, 2021 Share Posted June 22, 2021 the main thing is to have the right motivation and the very approach to work, then everything will work out Quote Link to comment Share on other sites More sharing options...
gds221 Posted July 3, 2021 Share Posted July 3, 2021 As for me, for the correct use of this strategy, it is better to have experience on the demo account. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted July 3, 2021 Share Posted July 3, 2021 Usually I try to work out such moments on the demo account so that on the main I don't make mistakes anymore. Quote Link to comment Share on other sites More sharing options...
Beagra Posted July 4, 2021 Share Posted July 4, 2021 I sometimes use the advice of professionals in order to understand how it really works, and so as not to make a mistake. Quote Link to comment Share on other sites More sharing options...
gds221 Posted July 4, 2021 Share Posted July 4, 2021 I would advise you to first test this on a demo account. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted July 4, 2021 Share Posted July 4, 2021 I would very much advise you to work out such moments on the demo account in order to know how to work with them properly. Quote Link to comment Share on other sites More sharing options...
gds221 Posted July 5, 2021 Share Posted July 5, 2021 I believe that a trader should work out such moments on a demo account. Then it will be easier to implement them in the process. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 5, 2021 Share Posted November 5, 2021 Interest Ask. It is important to read initially what exactly this tool is used for. Quote Link to comment Share on other sites More sharing options...
Nazzerith Posted November 22, 2021 Share Posted November 22, 2021 Placing stop loss might not be as easy a task as it seems because it requires proper skill, strategies, and knowledge to track each currency pair's live trades. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted November 22, 2021 Share Posted November 22, 2021 On 11/22/2021 at 11:48 AM, Nazzerith said: Placing stop loss might not be as easy a task as it seems because it requires proper skill, strategies, and knowledge to track each currency pair's live trades. Expand We will need to start doing our trades with the help of Stop Loss for Optimal Capital Protection. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 24, 2021 Share Posted November 24, 2021 I think that it is better to work out such tools for work on a demo account. Quote Link to comment Share on other sites More sharing options...
Dora Wi Posted November 24, 2021 Share Posted November 24, 2021 You can also use a trailing stop loss, it is a good tool for maximizing your profits if the price moves in the direction you want it to move. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 26, 2021 Share Posted November 26, 2021 When I worked on the demo account of the broker ExpertOption, I learned how to do it very well. This is a really great option for exploring. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted November 29, 2021 Share Posted November 29, 2021 On 11/26/2021 at 6:38 PM, Vaabum said: When I worked on the demo account of the broker ExpertOption, I learned how to do it very well. This is a really great option for exploring. Expand We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen Quote Link to comment Share on other sites More sharing options...
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