Forex Zone - Forex Forum

Is stoploss needed ?? in General Forex Discussion_67f83ac065b44

Is stoploss needed ??

Discussion started on General Forex Discussion

VIP
  • Hero Member
  • Posts: 22053
  • Points: 4692
  • Likes Received: 1356
  • Reputation: +4/-0
Even though your profits are consistent, you still need a stop loss, because without a stop loss your arm is not in front of the chart, you will have difficulty controlling it.
#2191 - October 31, 2023, 04:43:02 AM

  • Hero Member
  • Posts: 32214
  • Points: 670
  • Likes Received: 50
  • Reputation: +51/-45
Here it is mandatory for you to always use stop loss when you carry out forex trading activities. If you don't use a stop loss it will hinder you as a trader
#2192 - October 31, 2023, 06:14:25 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
I believe that when you want to be successful you are obliged to use a stop loss because using a stop loss is your main key to limiting reasonable risk.
#2193 - November 01, 2023, 06:18:09 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 107
  • Reputation: +18/-46
I feel that when you use stop loss it will definitely be very important for us because no matter what, when we open a position we are obliged to always continue to use stop loss and take profit so that we are safe.
#2194 - November 02, 2023, 05:57:20 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
Of course it is very necessary because without a stop loss you will not be able to get big profits. You will not be able to maintain big risks when you apply open positions incorrectly.
#2195 - November 03, 2023, 06:13:48 AM

Sponsored

Is stoploss needed ?? in General Forex Discussion_6803a6c52eb12
#2196 - Today at 12:57:32 PM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 107
  • Reputation: +18/-46
I always use stop loss because in my opinion the use of stop loss is very necessary and you must be able to trade using stop loss so that you are safe and don't carry out activities in the wrong way.
#2196 - November 05, 2023, 12:31:55 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
I think using stop loss is definitely very important for us to take advantage of. When we use stop loss we will definitely feel comfortable opening positions even though we don't always look at MT4
#2197 - November 06, 2023, 01:24:11 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 107
  • Reputation: +18/-46
What is certain here is that it is very important for us to always use stop loss because it is really needed for us. After all, using stop loss is one of the right steps that we must make good use of.
#2198 - November 07, 2023, 02:10:06 AM

VIP
  • Hero Member
  • Posts: 22053
  • Points: 4692
  • Likes Received: 1356
  • Reputation: +4/-0
Yes, it is needed, this is so that traders can limit risk and not increase risk, for example by increasing trading risk, for example from 2% to 10% in one trade,
#2199 - November 07, 2023, 02:15:53 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
I definitely believe that using a stop loss is very important because after all, when you use a stop loss, you will easily get big profits. Apart from that, it will be easy for you to always be consistent.
#2200 - November 08, 2023, 02:53:36 AM

VIP
  • Hero Member
  • Posts: 22053
  • Points: 4692
  • Likes Received: 1356
  • Reputation: +4/-0
Maybe you will understand that stop loss is needed when after experiencing a loss, especially a very large loss so that you have difficulty recovering your account.
#2201 - November 08, 2023, 02:58:04 AM

  • Hero Member
  • Posts: 32214
  • Points: 670
  • Likes Received: 50
  • Reputation: +51/-45
Of course, the use of stop loss will definitely be needed when we open a position. We must always use stop loss and take profit when we want to open a position well because using a stop loss protects our risk from MC and protects us when our analysis is wrong, so when we wrong, we will definitely be touched by the stop loss and that is better than floating minus
#2202 - November 08, 2023, 09:24:59 AM

VIP
  • Hero Member
  • Posts: 22053
  • Points: 4692
  • Likes Received: 1356
  • Reputation: +4/-0
If you don't like placing a stop loss, it means you are letting your losses grow uncontrollably, so you could end up losing more than 90%.
#2203 - November 09, 2023, 12:03:59 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 107
  • Reputation: +18/-46
When you use stop loss, you must be able to use it well because this will be very important for you so that you can get big and smart profits.
#2204 - November 09, 2023, 12:47:09 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
I really believe that using stop loss is very important. When you use stop loss it also makes you more comfortable in making a profit and this will make you successful.
#2205 - November 10, 2023, 12:11:13 AM

Members:

0 Members and 1 Guest are viewing this topic.



Fastmail Private Email