Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Benefits of using stop orders

Benefits of using stop orders

Discussion started on Forex Education

Print
Pages: 1 2 3 [4] 5 6 ... 24   Go Down

hayumah

  • Full Member
  • Posts: 144
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
Trading with the use of order techniques, including stop order techniques is much safer, because trading with instant orders is very risky, especially in fast-paced markets
#46 - April 23, 2020, 02:40:10 AM

Condindofx

  • Newbie
  • Posts: 11
  • Points: 275
  • Likes Received: 0
  • Reputation: +0/-0
A stop order is very useful for a trader who likes certain analysis scenarios so that he is really satisfied and confident with the price that is his goal even though the pending order is not necessarily realized.
#47 - April 23, 2020, 03:15:21 AM

Chaya15okta

  • Newbie
  • Posts: 25
  • Points: 3218
  • Likes Received: 0
  • Reputation: +0/-0
the use of stop orders depends on the needs of its users, if deemed necessary then the stop order will be very helpful but for those who like instant orders the pending order is not important.
#48 - April 23, 2020, 08:21:31 PM

Widiaty Syahnazia

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
Quote from: Condindofx on April 23, 2020, 03:15:21 AM
A stop order is very useful for a trader who likes certain analysis scenarios so that he is really satisfied and confident with the price that is his goal even though the pending order is not necessarily realized.
Any order system is optional and which is the most preferred, for a stop order it is good because the order is according to the specified price.
#49 - April 29, 2020, 07:12:56 AM

FzFx

  • Sr. Member
  • Posts: 426
  • Points: 51533
  • Likes Received: 7
  • Reputation: +0/-0
I don't use stop orders as traders, and because stop orders are only used in certain conditions, for example, when we hesitate to enter the market, we can use pending orders to block orders as we wish.
#50 - April 29, 2020, 04:40:55 PM

aZGuners

  • Jr. Member
  • Posts: 53
  • Points: 831
  • Likes Received: 0
  • Reputation: +0/-0
the advantage of using stop loss in my opinion is to be able to freely limit the risks that might make us broken in terms of psychology, so stop loss is not to reduce our profits but rather to limit losses that can occur at any time.
#51 - April 30, 2020, 08:07:30 AM

Aryox

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
Stop orders have a good advantage as we can get the right price according to our analysis and also with stop / pending orders we can train more patience to not open positions haphazardly.
#52 - May 13, 2020, 08:21:07 PM

Antonio

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
The difference is trading with a safer stop order system, all analyzed at the beginning. it would be great if you apply the order area, stop loss and take profit from the start.
#53 - May 13, 2020, 10:38:10 PM

PrimaFx

  • Sr. Member
  • Posts: 436
  • Points: 19608
  • Likes Received: 5
  • Reputation: +1/-0
stop loss orders are often used by long-term traders to get the right price, although stop orders sometimes do not provide benefits because they are not executed, but we actually have implemented risk management.
#54 - May 14, 2020, 07:18:35 AM

Libra

  • Sr. Member
  • Posts: 452
  • Points: 2273
  • Likes Received: 13
  • Reputation: +0/-0
I rarely use stop orders but in my opinion stop orders are important for traders who often doubt entry and traders who want to get the best moment in entry.
#55 - May 27, 2020, 03:26:20 AM

ariezz

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
in my opinion stop orders can be important or less important depending on the user because not all traders like to use stop orders including myself who often only use instant orders.
#56 - June 16, 2020, 02:25:36 AM

FardhanVx

  • Sr. Member
  • Posts: 462
  • Points: 25708
  • Likes Received: 20
  • Reputation: +1/-3
Stop orders provide real benefits in my opinion because with a stop order we can determine what kind of scenario we want even though it is only as a hope whether he will be touched or not that we do not know.
#57 - June 16, 2020, 03:00:53 AM

Genic08AD

  • Sr. Member
  • Posts: 358
  • Points: 56105
  • Likes Received: 10
  • Reputation: +1/-1
stop orders are used by traders who like to place pending positions for the purpose of better analysis and in accordance with the expected position.
#58 - June 30, 2020, 06:29:13 PM

Muh0340

  • Sr. Member
  • Posts: 449
  • Points: 45319
  • Likes Received: 14
  • Reputation: +1/-0
using a stop order has one of the advantages that we can get the price according to what we want, it's just that the strategy must be used at the right moment and not always be used as often as possible.
#59 - July 01, 2020, 08:35:19 AM

Antonio

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Quote from: Muh0340 on July 01, 2020, 08:35:19 AM
it's just that the strategy must be used at the right moment and not always be used as often as possible.
Stop Loss is very useful in every trade, in my opinion stop loss should be used every time we trade and not a problem if you often use it as long as the right conditions.
#60 - August 04, 2020, 12:12:05 AM
Print
Pages: 1 2 3 [4] 5 6 ... 24   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Benefits of using stop orders

Members:

0 Members and 3 Guests are viewing this topic.


Benefits of using stop orders in Forex Education_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: