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Habits of Moving Stop Loss

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carlien

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Do not let us accustomed to shifting stop loss because this attitude will exacerbate the risks involved in forex trading, we should prevent that we are more disciplined in implementing the trading plan that we have made and no longer shift stop loss.
#46 - February 03, 2020, 06:10:15 AM

Astronacy

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stop loss is a patent so don't let us change or shift it because it will cause us to be undisciplined and encourage the attitude to always change the rules that we have set. So if we have set a stop loss then don't shift it often.
#47 - February 03, 2020, 06:59:18 AM

G 5oro5

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stop loss is applied because to limit risk rather than control risk and we will not be able to control risk by simply shifting the stop loss, the consequence is that we actually become undisciplined and easily carried by the conditions if often shifting stop loss.
#48 - February 03, 2020, 07:19:42 AM

aizafx

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Some trader using trailing stop to move stop loss automatically, but how to use this feature needs the computer turn on and connected to server broker, but there are trader that modify stop loss if already move in floating profit, how to modify stop loss at least price move 10 pips, less than that will can't modified
#49 - February 03, 2020, 08:05:57 PM

Sarijos Soros

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bad habits will definitely cause something harmful instead good habits will produce something profitable, often shifting stop loss is a bad habit so you could say it should not do that so as not to harm our trading.
#50 - February 04, 2020, 02:19:52 AM

ReezteexFx

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Any bad habits when trading must be immediately overcome or avoided because all of these habits can damage our trading, especially damage to trading psychology and it will affect our trading performance for sure.
#51 - February 09, 2020, 11:16:34 AM

Paesan

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shifting the stop loss is not a problem if we are really wrong in placing it, but if you often shift the Dtop loss without a solid reason then it is not good.
#52 - February 09, 2020, 11:41:58 AM

karisma sanse

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often shifting stop loss is a bad habit because that's the same thing we break the risk management rules and if accustomed to it will have fatal consequences.
#53 - March 05, 2020, 05:40:46 PM

Sathosi

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the habit of moving stop loss is a bad habit so we have to change these habits from the beginning so that they are not easily tempted and violate the trading rules or MM rules.
#54 - March 05, 2020, 07:28:36 PM

aizafx

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I think if already get floating profit and you have analyzedd if the trend will move to continue rapidly, hence move stop loss in profit is one way to manage the risk in trading, it's possible your profit run 
#55 - March 05, 2020, 08:35:55 PM

MrForex

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if we like shifting the stop loss it will have a bad effect on our trading habits because the stop loss must be set up once and should not be shifted unless we are fully aware of the wrong position.
#56 - March 10, 2020, 03:24:02 PM

Jajami

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Quote from: MrForex on March 10, 2020, 03:24:02 PM
if we like shifting the stop loss it will have a bad effect on our trading habits because the stop loss must be set up once and should not be shifted unless we are fully aware of the wrong position.
often shift SL that I used to experience when I first started trading business, and that is often done by novice traders.
shifting SL means undisciplined in strategy, violating trading strategies that will result in greater losses.
#57 - March 11, 2020, 02:50:20 PM

Natsu

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stop loss is something that must be disciplined so don't ever change or shift the stop loss unless it's needed. Stop loss is very effective if applied disciplined.
#58 - March 12, 2020, 12:37:51 AM

Mochira

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Quote from: Natsu on March 12, 2020, 12:37:51 AM
stop loss is something that must be disciplined so don't ever change or shift the stop loss unless it's needed. Stop loss is very effective if applied disciplined.
Whatever the result, the stop loss must be done, the trader applies the stop loss and is done correctly instead of changing it at any time.
#59 - March 12, 2020, 04:39:06 AM

Natsu

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Quote from: Mochira on March 12, 2020, 04:39:06 AM
Whatever the result, the stop loss must be done, the trader applies the stop loss and is done correctly instead of changing it at any time.
absolutely right, stop loss was installed to minimize losses and the results of whether or not the stop loss was affected before.
#60 - March 12, 2020, 05:45:06 AM
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