Anne Morris Posted June 13, 2017 Share Posted June 13, 2017 I believe that we got to take security measurement first up, as it’s not possible for anyone to be successful without having safety. This is where SL is so crucial to our chances and to help up with performance. I am with OctaFX broker under them, I can use every option easily with great features and facilities with lowest possible spreads at 0.1 pips, high leverage up to 1.500 while there is zero balance protection, swap free account and much more, it’s amazing. Quote Link to comment Share on other sites More sharing options...
gaban Posted April 19, 2018 Share Posted April 19, 2018 Where stop loss is important too, where we with the stop loss that we put then we will be able to target the existing risks, and the good we always routinely to learn on the run so that we can understand more understand more good trading performance and profitable. By studying for sure we will have results that we can get Quote Link to comment Share on other sites More sharing options...
Namu Posted April 20, 2018 Share Posted April 20, 2018 Yes, i usually use Stop loss when trading. Beside that, we should maximize forex analysis too. Because it will help us to find the right moment to make order. Usually broker also provide this services for their clients. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted April 25, 2018 Share Posted April 25, 2018 Never set my orders without stop loss because basically it's a one way ticket to trading washout Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted May 1, 2018 Share Posted May 1, 2018 Never set my orders without stop loss because basically it's a one way ticket to trading washout Lol nicely put. I also do the same. I do not use take profit all the time but stop loss is a prerequisite before entering a trade. If I don't see a good place to put stop loss then I don't enter a trade. Quote Link to comment Share on other sites More sharing options...
amri.rudi Posted May 3, 2018 Share Posted May 3, 2018 to be a good trader..i always set a stop loss to prevent lose all money. No body know about the future except they have a time machine..lol Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted July 3, 2018 Share Posted July 3, 2018 to be a good trader..i always set a stop loss to prevent lose all money. No body know about the future except they have a time machine..lol Lol. If there was a time machine then no retail trader would have made profit. It is not something which retail traders could get their hand on. And as you said, since we can not know how the market will move so to maintain our risk we always should use stop loss. Quote Link to comment Share on other sites More sharing options...
Gee Dee Posted October 13, 2018 Share Posted October 13, 2018 Forex being an uncertain market place as well as it is a highly instable place for the traders where foreign currency exchange traders need to adopt proper risk management so that they can hedge their wealth position against unwanted risks of price fluctuations. At the same time, many traders are using various pending orders like Stop loss, Trail stop or Take profit, etc.. Of course I use SL as part of risk management. Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted October 16, 2018 Share Posted October 16, 2018 Forex being an uncertain market place as well as it is a highly instable place for the traders where foreign currency exchange traders need to adopt proper risk management so that they can hedge their wealth position against unwanted risks of price fluctuations. At the same time, many traders are using various pending orders like Stop loss, Trail stop or Take profit, etc.. Of course I use SL as part of risk management. It is a good thing you are doing that you are using stop loss. Just wanted to ask, did you learn by mistake that stop loss is necessary or heed other's warning about not using stop loss? Quote Link to comment Share on other sites More sharing options...
robert.miner Posted March 12, 2019 Share Posted March 12, 2019 Leverage involves borrowing a certain amount of the money needed to invest in something. Quote Link to comment Share on other sites More sharing options...
Cejurus Posted February 27, 2020 Share Posted February 27, 2020 Trading with stop loss limits your losses and keeps the trading deposit from sudden price movement is not in your favor. Quote Link to comment Share on other sites More sharing options...
Gosida Posted March 4, 2020 Share Posted March 4, 2020 I always try to use a stop sheet when I see the need for it. Quote Link to comment Share on other sites More sharing options...
Mikalkis Posted March 5, 2020 Share Posted March 5, 2020 At first, I thought that this was not necessary, but after the next forecasts of analysts, where they gave good advice, I started using it. Quote Link to comment Share on other sites More sharing options...
Yokora Posted March 5, 2020 Share Posted March 5, 2020 The most important thing in time to understand what is needed and how it works. Quote Link to comment Share on other sites More sharing options...
Aurne Posted March 9, 2020 Share Posted March 9, 2020 Of course I establish, it automatically closes the transaction when the loss reaches a certain level. Quote Link to comment Share on other sites More sharing options...
Thonin Posted March 11, 2020 Share Posted March 11, 2020 I set a stop list, because it is a good protection during trading. Quote Link to comment Share on other sites More sharing options...
Balhala Posted March 20, 2020 Share Posted March 20, 2020 I can pre-establish a safe loss level for us, based on the strategy and degree of aggressiveness of trade. Quote Link to comment Share on other sites More sharing options...
Kigalmaran Posted March 20, 2020 Share Posted March 20, 2020 Unambiguous uses a stop list and I think that it is quite effective. Quote Link to comment Share on other sites More sharing options...
Blan Posted March 23, 2020 Share Posted March 23, 2020 A stop list, of course, is a good thing when trading, but you must also be able to use it correctly. Quote Link to comment Share on other sites More sharing options...
Roberts Posted March 24, 2020 Share Posted March 24, 2020 If necessary, I use a valid stop loss and find it sometimes practical. Quote Link to comment Share on other sites More sharing options...
bigxy Posted March 25, 2020 Share Posted March 25, 2020 Stop losses are always beneficial because they helps us cutting our losses earlier than losing up the entire account within no time if the market trend moves against us, sometimes bad day occurs so good to some of the money than losing up the entire account. Quote Link to comment Share on other sites More sharing options...
Fausi Posted March 29, 2020 Share Posted March 29, 2020 I know that there are ways to trade without stop loss, but I use it. Quote Link to comment Share on other sites More sharing options...
jamante Posted March 29, 2020 Share Posted March 29, 2020 SLs i would say depends,if u swing a lot, then yes, set it and leave it there. avoid adjusting to much if you are unsure. or if u are scalping a volatile market, though i use a lot of sl on my hotforex account, its just my style of trading. Quote Link to comment Share on other sites More sharing options...
Cejurus Posted March 30, 2020 Share Posted March 30, 2020 There is, of course, the option of working without a stop sheet, but so far I like it more. Quote Link to comment Share on other sites More sharing options...
Balladoginn Posted April 1, 2020 Share Posted April 1, 2020 I often use stop loss myself because it gives some security for my positions. Quote Link to comment Share on other sites More sharing options...
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