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Habits of Moving Stop Loss

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Purindra

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If you are a good foreign exchange trader you should not move your existing stop-loss because then you will not be able to be consistent by placing a good and correct experience so learn to be consistent.
#241 - December 22, 2021, 10:05:43 PM

belek14

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I think the stop loss habit is not because we always want to win in forex, it's a bad habit because we can't accept the fact that our analysis is wrong and we have to stop our trading or the funds we have will run out,
#242 - December 22, 2021, 10:28:18 PM

matan

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stop loss is used to avoid bad things, such as mc for example, and also if we shift sl it will cause a bias in our trading, I always learn to stick to the rule, if it turns out my op is close to sl it means my analysis is wrong.
#243 - December 22, 2021, 10:28:44 PM

jangkung77

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the first one may still believe, even though our analysis was wrong when we op sell, it turns out that the price movement went up with the strength of the stop loss capital being increased again and convinced that the price would go down, the second maybe the wrong time op rather than experiencing too many losses, our stop loss moved closer in our op
#244 - December 22, 2021, 10:29:23 PM

Purindra

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don't like you to switch the use of stop-loss because with I like to switch the use of stop-loss it will have a bad impact on your psychology and you also lose confidence when you trade
#245 - December 22, 2021, 10:40:14 PM

Manora

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what is certain is that when you live you use stop loss, don't you ever like to often move the use of stop-loss because then you will not be able to see how your ability to place a stop loss is.
#246 - December 22, 2021, 10:41:48 PM

Liner

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Moving stop-loss is not a good thing it will reduce what is meant by your research and you will not be confident in what you are going to do so you should be able to control emotions through good things you should never do something like that .
#247 - December 24, 2021, 01:53:37 AM

Renesmee

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I've also used a technique like that in the hope that my Open Position won't be touched, but where there is floating minus, I get worse and finally I do a cut loss.
#248 - December 24, 2021, 01:54:14 AM

Luhut Binsar Pandjaitan

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In my opinion, if we always use SL, then we also have to know where the SL placement position is, because the purpose of SL itself is to automatically limit losses which have been calculated beforehand by the trader, what is the tolerance limit for losses. and also anticipate if suddenly there is a dominant movement that can appear at any time even though there is no news.

we should learn to position the SL accurately so that we can be consistent.
#249 - December 24, 2021, 02:16:23 PM

Purindra

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Using Stoploss is one way so you can avoid losing to floating minus. So when you like to change the rules of the stop loss it's the same as you want the floating minus to happen to you.
#250 - December 25, 2021, 03:48:02 AM

Budnga

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Moving the stop-loss will make you ineffective for trading because when you always do that you don't appreciate the placement. So it would be nice if you had to be sure that you had to be sincere.
#251 - December 27, 2021, 02:39:07 AM

belek14

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if we shift the stop loss, it means we are still unsure about our initial analysis. By shifting the stop loss, it may increase the loss, it can also reduce the loss and it can even generate a profit. as long as we shift the stop loss or stop profit with the analysis that has been done
#252 - December 27, 2021, 11:23:57 PM

matan

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In my opinion, it's legal, there's no problem as long as there's something underlying the shift in stop loss and stop profit, not just a desire to make a profit.
#253 - December 27, 2021, 11:24:38 PM

Purindra

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Don't you ever like to move asking for an unnatural stop loss because when you like it that way it means you want to open your position you can't be consistent.
#254 - December 28, 2021, 01:54:11 AM

Nike

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Don't you ever like to do things that are of no benefit to you because when you contact a stop loss, in my opinion, it will actually endanger yourself.
#255 - December 28, 2021, 01:54:52 AM
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