Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Is stoploss needed ??

Is stoploss needed ?? in General Forex Discussion_67f83ac065b44

Is stoploss needed ??

Discussion started on General Forex Discussion

Print
Pages: 1 ... 147 148 [149] 150 151 ... 178   Go Down

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
Of course, it is really needed, so when we open a position, we are required to trade using a stop loss so that we are calm, we are not afraid of being hit by a long floating minus.
#2221 - December 04, 2023, 03:25:04 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 107
  • Reputation: +18/-46
I confirm that it is important to use stop loss because when you use stop loss, you can get good security for your open position later because only by using stop loss can we get quality results.
#2222 - December 05, 2023, 03:16:10 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
Here the most important thing is to use stop loss because when you are able to use stop loss well then you can trade beautifully because that is what is needed for you.
#2223 - December 06, 2023, 03:38:29 AM

fxVirtuoso7

  • Full Member
  • Posts: 196
  • Points: 698
  • Likes Received: 12
  • Reputation: +6/-1
Picture this: you're in a wild forex jungle, and suddenly the market goes all crazy-town. That's where your stop loss swoops in to save the day! It's like a safety net, preventing your hard-earned bucks from taking a nosedive.

Maybe you should take a look at this link https://insights.primecodex.com/risk-management-safeguarding-your-capital/ to learn more about how to guard your capital.
#2224 - December 06, 2023, 05:01:02 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
I believe that when you use a stop loss, it will definitely be very necessary for you when trading because no matter what, I believe that a position that doesn't use a stop loss will always get a floating minus.
#2225 - December 08, 2023, 01:02:03 AM

Sponsored

Is stoploss needed ?? in General Forex Discussion_6803a6c52eb12
#2226 - Today at 11:15:04 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 107
  • Reputation: +18/-46
I believe that when you use a stop loss it will have a significant impact on you because using a stop loss will definitely be very necessary for trading and of course as a safety tool so that you are not hit by a high floating minus.
#2226 - December 11, 2023, 01:34:36 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
If you trade forex, you are obliged to use a stop loss and set it properly. There is no other way for you to reduce risk without using a stop loss.  Because it is something important that you must use continuously
#2227 - December 12, 2023, 05:44:38 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 107
  • Reputation: +18/-46
Using a stop loss is important because if you don't use a stop loss when opening a position, it will be very scary and there will be a very high risk of floating minus.
#2228 - December 14, 2023, 06:48:13 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
For me, stop loss will always be needed for anything because when you don't use stop loss when trading forex it will actually be very dangerous for you as a trader and it will actually make it difficult for you to trade.
#2229 - December 16, 2023, 04:03:34 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 107
  • Reputation: +18/-46
Everyone is obliged to use a stop bass without using a stop loss. You should not open a position first because after all, using a stop loss has a positive impact on you being able to maintain your management to protect your position from all mistakes.
#2230 - December 19, 2023, 01:47:23 AM

Ikhtiar

VIP
  • Hero Member
  • Posts: 22053
  • Points: 4692
  • Likes Received: 1356
  • Reputation: +4/-0
Stop loss is important in every transaction... traders trade disciplined rules... there is a stop loss so there is a risk limit, trading using good money management must use stop loss and take profit, this will also have an impact on the psychology of the trader himself.
#2231 - December 19, 2023, 01:50:13 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 107
  • Reputation: +18/-46
Using a stop loss is one of the important things that we must do as a trader. Without using a stop loss, we will probably always have the wrong method and our position will always be floating minus in the future.
#2232 - December 21, 2023, 06:33:13 AM

Ascella

  • Hero Member
  • Posts: 19260
  • Points: 74
  • Likes Received: 5
  • Reputation: +0/-0
The use of stop loss will definitely be very necessary when we open a position. What we have to remember is the use of stop loss and take profit without placing it. In my opinion, you should not open a position because it is very risky for your position. The function of stop loss, among other things, is to maintain  secure your position so that nothing negative happens, especially when there is news that moves the market with rapid volatility. The fear is that later you will float minus.
#2233 - December 23, 2023, 06:49:38 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 63
  • Reputation: +53/-46
Of course, it is really needed, especially when you use a short time period. Because using open positions can make us consistent, but we must always be able to use stop loss so that we can get the best results.
#2234 - December 26, 2023, 01:17:11 AM

Chutima

  • Newbie
  • Posts: 10
  • Points: 13
  • Likes Received: 1
  • Reputation: +0/-0
Indeed, what is true is that when we open a position we have to use stop loss and take profit at the same time. When we open a position and we don't use a stop loss, in my opinion it doesn't matter as long as you are really sure about the trend movement. When you are sure that it is true  The price is in accordance with your predictions. However, when you want to trade well, use investments safely, you should use Stoploss just in case.  If an unexpected problem happens to you
#2235 - December 27, 2023, 05:50:15 AM
Print
Pages: 1 ... 147 148 [149] 150 151 ... 178   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Is stoploss needed ??

Members:

0 Members and 2 Guests are viewing this topic.


Is stoploss needed ?? in General Forex Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity:


Fastmail Private Email