practice is the key to success

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  • #2146 Collapse

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    Dear, In forex trading stop loss is very necessary because untill you control your loss you can not make seccessful trader so keep using stop loss which is very useful tool in forex.

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    • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
    • #2147 Collapse

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      Some of the traders trade without stop loss but by doing so they increase their risk level, I personally use it and i think traders should use this feature specially the new traders who doesn't have large amount of capital in accounts and doesn't have enough experience.

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      • #2148 Collapse

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        if you want to learn thr skills of the trade then you should try to do it manually but if forex is your part time job and you dont have enough time to keep sitting in front of a pc then you can use stop loss it is a tool that keeps your loss to a cetain limit

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        • #2149 Collapse

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          Dear, In forex trading stop loss is very necessary because untill you control your loss you can not make seccessful trader so keep using stop loss which is very useful tool in forex.

          "
             
          • #2150 Collapse

            Yes brother you are right. As it is said practice makes a man perfect. This statement also has impliment on Forex Trading. that's the why we should word on the demo account to make our Trading perfect and minimize the loss.
            • #2151 Collapse

              "

              if you want to learn thr skills of the trade then you should try to do it manually but if forex is your part time job and you dont have enough time to keep sitting in front of a pc then you can use stop loss it is a tool that keeps your loss to a cetain limit

              "
               
              • #2152 Collapse

                "

                Dear, In forex trading stop loss is very necessary because untill you control your loss you can not make seccessful trader so keep using stop loss which is very useful tool in forex.

                "
                   
                • #2153 Collapse

                  "

                  Dear, In forex trading stop loss is very necessary because untill you control your loss you can not make seccessful trader so keep using stop loss which is very useful tool in forex.

                  "
                   
                  • #2154 Collapse

                    do not get overconfident because it would make us not disciplined with our analysis, remember though sure see a great opportunity in the market that could happen unexpected and happened suddenly, so if you sure trading money management safe is still much chance to reap profits do not be greedy
                       
                    • #2155 Collapse

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                      I think trading with stop loss is a good plan. If you trade with stop loss point and any problem occur in internet and power then at certain loss your trade will stop and you'll be saved from a huge loss.

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                      • #2156 Collapse

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                        It's actually not crazy to trade without stop loss. Swing traders who use very small parties to large capital can trade without a stop loss.Trading without stop-loss is most dangerous when you are trading with large lots on small capital.....

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                        • #2157 Collapse

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                          trade with stop loss is very good and some time is not good because some time market come back in your favour after hiting the stop loss and your trade goes in loss so thats why you need o use short lot size without any stop loss.

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                          • #2158 Collapse

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                            I think that a trader should have the knowledge of a stop loss. Business With a stop loss is better than the business without a stop loss i think. so business without a stop loss can being dangerous.

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                            • #2159 Collapse

                              "

                              It's actually not crazy to trade without stop loss. Swing traders who use very small parties to large capital can trade without a stop loss.Trading without stop-loss is most dangerous when you are trading with large lots on small capital.....

                              "
                                 
                              • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
                              • #2160 Collapse

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                                I think you do not have to set stop loss, but this way you have to sit next to your computer and see the graph, but if you set it you don't have to be on guard. All in all if you have a lot of time you do not have to set stop loss, but otherwise you should.

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