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Stop Loss Effective for Successful Trading in General Forex Discussion_67f83ac065b44

Stop Loss Effective for Successful Trading

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Dyandra

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The use of stop loss can be said to be very effective for us because without the use of stop loss we will definitely have difficulty maintaining floating minus because it is very dangerous when our money is dragged into floating minus and we don't use stop loss, it could be that later we will lose.
#646 - November 16, 2023, 03:45:07 AM

Vernalta

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The use of stop loss is very effective for us to use when we trade foreign exchange because the use of stop loss really provides a high level of success in maintaining our management actively.
#647 - November 18, 2023, 04:56:52 AM

Dyandra

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In my opinion, the use of stop loss is very important here because when you are able to use stop loss well, then you can trade correctly and you can gain profits in a way that is more comfortable for you to use yourself.
#648 - November 20, 2023, 02:40:27 AM

Vernalta

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What is certain is that it is very effective for us, especially when we use small capital, we will always need a stop loss because we have to really protect our capital so that it doesn't run out just because of a floating minus.
#649 - November 22, 2023, 07:04:20 AM

Ikhtiar

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You can not use a stop loss, but if you are sure and believe in the system we have created, that means just analyzing the market to know when to enter the market and exit by cutting loss. but it helps control risk and prevent bigger losses and sometimes we are often hesitant to cut losses.
#650 - November 23, 2023, 01:12:17 PM

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#651 - Today at 02:13:44 AM

Vernalta

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I think when you use stop loss it is definitely very effective for us to protect our capital well without using stop loss we might be destroyed we might have difficulty making trades and we can't use our risk management well.
#651 - November 25, 2023, 06:50:51 AM

Ikhtiar

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We can only control risk in trading with stop loss. To become a trader, don't just stay silent when plotting losses and don't be satisfied with the results you are currently getting. Even though you have already made a profit, if the trader can make changes, the trader will increase the profit he will get by always placing a stop loss when trading.
#652 - November 26, 2023, 12:51:51 AM

Vernalta

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Of course, the use of stop loss is very effective here. When you trade foreign exchange, you are obliged to use a stop loss because if you don't use a stop loss, the fear is that later you will float minus and secondly you will suffer a big loss when the movement moves.  the price was very fast.
#653 - November 27, 2023, 04:42:01 AM

Ikhtiar

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I think a regular stop loss will produce quality trading and a well-organized system, so that if a trader needs data to carry out a trading evaluation, he won't be confused, because he already has a stop loss which has become a separate record for traders.
#654 - November 27, 2023, 11:34:04 AM

Vernalta

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what is certain here is that when you use a stop loss it will make you more comfortable when trading forex because when you do something good with good protection then what you do will definitely bring results and one of the protections here is stop loss
#655 - November 29, 2023, 12:34:58 AM

Ikhtiar

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Stop loss is not a secret to being successful in forex trading and of course it is very effective, because we have to achieve success by always using stop loss and being disciplined and not being emotional, we also have to be able to use money management which we have calculated well according to the plan. Even though we always use stop loss.
#656 - November 29, 2023, 12:38:30 AM

Dyandra

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When you open a position you are obliged to use a stop loss because if you don't use a stop loss, I'm sure you will be hit by a floating minus and will lose money. Therefore, don't forget or even deliberately open a position without using a stop loss, especially when you use a stop loss.  With small capital, you can start practicing first to place a stop loss
#657 - November 30, 2023, 01:56:04 AM

Ikhtiar

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I think stop loss is a mandatory thing that a trader must do... because if there is no stop loss, it will be very difficult in terms of planning, such as the problem of what risk limits and how much take profit... then what analysis will be used and also how to deal with it if it turns out Our entry position is in the wrong direction.
#658 - November 30, 2023, 02:54:39 AM

Vernalta

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I feel that the use of stop loss will definitely be used well and the use of stop loss will definitely benefit. In this case, therefore I strongly recommend that you always use stop loss.
#659 - December 01, 2023, 03:38:08 AM

Ikhtiar

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Stop loss is really needed in forex trading, especially when opening positions or other things. And of course we shouldn't be trapped in rushing to gain profits without actually carrying out the trading plan that we have made by placing a stop loss that is appropriate to our risk.
#660 - December 01, 2023, 03:42:08 AM
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