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Habits of Moving Stop Loss

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Sarijos Soros

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Shifting the stop loss is actually not a problem as long as we know that the placement of our SL is not quite right, but if it is often shifted without a reasonable reason then it is not good, especially for mental and psychology.
#31 - December 26, 2019, 02:15:53 AM

zanurreload

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Quote from: Sarijos Soros on December 26, 2019, 02:15:53 AM
Shifting the stop loss is actually not a problem as long as we know that the placement of our SL is not quite right, but if it is often shifted without a reasonable reason then it is not good, especially for mental and psychology.
So that the placement of our stop loss is correct, it would be nice if we learn how to place a stop loss that is good and right so that we don't shift stop loss too often
#32 - December 26, 2019, 08:48:23 AM

greenbeach

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Bad habits like shifting stop loss often will become risky habits and it will be difficult to be consistent in everything because stop loss must be applied with discipline.
#33 - December 26, 2019, 09:52:01 PM

havis

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Do not let us have bad habits like that, shifting the stop loss is not a problem if done only 1 or time, but if repeatedly it is not good for our trading psychology and will increase trading risk.
#34 - December 26, 2019, 10:00:05 PM

SamiSamith

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Quote from: instaforex on October 12, 2019, 09:58:09 PM
Forex trading really requires mental and emotional stability. Apablia has not been able to, it will be the same as what I experienced. Always shift the stop loss when you are losing. Although I have previously analyzed it. Now this property is called always want to win in forex.
thanks for sharing this golden tip
#35 - December 27, 2019, 09:47:40 AM
« Last Edit: December 27, 2019, 02:28:02 PM by Admin »

celly

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Sliding stop loss is not good for mental development, but is still often done by traders, especially beginner traders who are not able to control their psychology properly.
#36 - December 29, 2019, 10:27:30 AM

Sarijos Soros

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Quote from: zanurreload on December 26, 2019, 08:48:23 AM
So that the placement of our stop loss is correct, it would be nice if we learn how to place a stop loss that is good and right so that we don't shift stop loss too often
I agree, we do place stop losses just like we practice strategy, so it must be done consistently and with a lot of trials, but I'm sure with increasing flight hours the placement of SL will be better and will rarely shift it.
#37 - December 29, 2019, 10:29:27 AM

Gerry Land33

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if a trader likes to shift stop loss then it is not possible to be consistent in trading both in terms of profit or psychology because discipline starts from small things such as being consistent in placing stop losses for example.
#38 - December 30, 2019, 12:28:44 AM

Khoirul

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Bad habits must be changed because bad habits will not be able to make us successful in any field, including forex trading, discipline in the good things that are most needed in forex. So do not maintain the habit of shifting stop loss.
#39 - December 30, 2019, 07:01:43 AM

Erphat

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in my opinion rather than often shifting stop loss to compete we use the cut loss strategy because this strategy does not need to shift the stop loss but the cut loss is more difficult to implement.
#40 - December 30, 2019, 07:40:28 AM

Admirald

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For traders who apply stop loss but still likes to move it will add to the existing risk in forex. Shifting the stop loss is the same as we doubt and do not have strong beliefs.
#41 - December 30, 2019, 05:46:37 PM

DewaFx

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stop loss is part of the management of risk that is fixed, so it should not be changed or shifted at will because the stop loss placement is also part of discipline in trading as we are disciplined in using lots according to trading capital.
#42 - December 31, 2019, 01:27:34 AM

rabitb41

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placement of a good stop loss is calculated according to MM and once placed do not be often shifted, one time shifted will definitely be addictive to shift it continuously.
#43 - December 31, 2019, 03:07:21 AM

Acewyr

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In installing stop loss it must be consistent and should not be shifted because it is the same as breaking good trading rules.
#44 - December 31, 2019, 01:28:07 PM

Peterix

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Do not like to maintain attitudes that can damage our trading order, including one of them often shifting stop loss because it will make our mental and discipline disrupted. Discipline itself is one of the elements of success in trading.
#45 - January 01, 2020, 06:47:11 AM
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