Use of Stop Loss & Take Profit

yes we should stop loss and start taking alot and more and more profit so that we could have alot od success in every way of this business///////////////////////////////////////////////////////////////////////////
and we should have oyr pockets full

dear forex k business mein stop loss aur take profit ko bohat he zyada importance hasel hen aur humen chahiye k ham in dono tools ko jante huwe kam Karen kiu k ye assay tools hen jin k zariye se ham zyada loss se bach sakte hen

a good stop loss can be a order (not a good order type) This can be intended to exit a trade whether the trade reaches their maximum suitable loss. the stop order will be the order type to use to help enter or even exit an trade within a great catered manner (e.g. While a person want ones price to be able to continue taking on the same direction immediately after you have created an trade).

a good stop loss uses an stop order (preferably a great stop market order) because the stop order could be the order type The item functions efficiently as a stop loss (e.g. waiting until your current stop loss price will be reached, after that being processed ALONG WITH filled).

a great long trade towards the British Pound to be able to you Dollar currency market (i.e. your own GBP for you to USD forex market) on 1.6705, may then apply for a stop loss with 1.6689 having a stop market order type, of which would only be crammed whether your current market traded on (or below) 1.6689.

Traders The item do not EMPLOY stop losses will certainly always required a minimum of one reason (and usually several reasons) why they do not USE stop losses, IN ADDITION TO they will certainly usually argue vehemently against employing stop losses, but your own reasons are generally always incorrect. intended for example, traders The idea do not MAKE USE OF stop losses often say It its stop losses tend to be reached from purpose via larger traders, but This can be incorrect, IN ADDITION TO The idea only means It they placed it's stop loss incorrectly.

a great stop loss uses a stop order (preferably a stop market order) because a great stop order is the order type The item works successfully to be a stop loss (e.g. waiting until ones stop loss price is usually reached, next being processed AND ALSO filled). regarding example, a extended trade towards British Pound for you to people Dollar currency market (i.e. your own GBP to USD forex market) in 1.6705, might have a stop loss on 1.6689 using a stop market order type, that would singular possibly be crammed whether or not your own market traded in (or below) 1.6689.

several traders mistakenly call a great stop loss order an stop (e.g. they will probably say It They have designed an very long trade on 500.50, with a stop in 480.50), but there is zero such thing being a stop. Traders The idea call a stop loss a great stop, either do not realize or even know your difference between a good stop loss IN ADDITION TO the stop order, or they are being lazy (usually ones former).

Traders The item call an stop loss a great stop, either do not understand or perhaps realize your own difference between a stop loss IN ADDITION TO the stop order, or maybe they are being lazy. Professional traders realize IN ADDITION TO realize ones difference between a stop loss ALONG WITH an stop order, AS WELL AS these are generally never lazy relating to trading, AS WELL AS so they never refer to be able to a great stop loss as being a stop.

Forex trading main har tool ke apny ehmeyat ha leken take profit or stop loss esa tool ha jo aap ko profit hasil karny or aap ko zaida loss se bachta ha trade lagany ke baad es ko lazme use karna chahy

yes bro i also observe that many traders failed in trading due to not setting of take profit and stop loss so we all have to need to set take profit and stop loss during trading...but it only work on short term trading......

stop loss or takeprofit zaroor use kerna chahie kyun k is me risk kum he or hum apne account ko safe rakh skte he or agar hum pc per na b hn to humari trade take profit ya stoploss per bnd hojaye gi or risk ziada nai ho ga,.

Assalam-O-Alaikum bhai jan stop loss aur take profit ye do limits aisi hen jo key ap ki forex trading me bohat ahmiat ki hamil hoti hen aur in ko use ker key ap aik to big loss say bach jatey hen aur dosra ap ko apni strategy ka pata chal jata hey key wo sehi the ya galt.

single of the trickiest concepts in forex trading is usually management connected with stop orders. an stop loss order is actually a good order The idea closes out ones trading position with the intent associated with cutting your own losses While your current market moves against you.

there exists not any clear rule regarding thumb When The idea comes to placing stops, The idea just about all depends on ones trading strategy.