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Habits of Moving Stop Loss

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Billy Atkinson

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Don't ever get used to always shifting your stop loss because it is one of the bad habits that is risky and can destroy our trading.
#91 - September 23, 2020, 05:11:43 PM

aizafx

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Modified stop loss in profit I think is one way to manage money in forex trading, but if moving stop loss because fear losing money, this is not a good idea, as trader must accept if they make a mistake in trading
#92 - September 24, 2020, 12:37:45 AM

Geographic

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Stop losses are made to reduce losses, if they are moved, they are not called stop losses.
We must also be disciplined in losses, if the habit of moving stop losses, the losses can actually increase.
#93 - September 24, 2020, 09:19:10 AM

Muh0340

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shifting the stop loss is one of the bad habits and must be eliminated in forex trading because it is one of the things that violates trading rules and discipline in implementing a trading plan.
#94 - December 31, 2020, 08:34:27 AM

Widiaty Syahnazia

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Money management is very important and must be used, but in its use it has rules, the stop losses that have been made cannot be easily changed. this habit can ruin the previous trading plan.
#95 - January 04, 2021, 02:27:34 AM

Jajami

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moving stop loss is bad habit.
it's the same as not obeying the trading rules, therefore start more commitment to forex trading that is done.
#96 - January 04, 2021, 04:43:43 PM

Aryox

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the habit of shifting the stop [loss is a bad habit, such a habit will actually make our psychology more out of control and spread everywhere.
#97 - January 06, 2021, 04:52:15 PM

Aryox

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shifting the stop loss actually doesn't matter, it's just that we really have to know the reason why we have to shift the stop loss for rational reasons.
#98 - January 06, 2021, 05:05:54 PM

miqbal79

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lest we often shift the stop loss because the stop loss is a benchmark to where our analysis or mistakes are in predicting price movements.
#99 - January 06, 2021, 05:21:09 PM

Mochira

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Good habits should support trading, not add to losses.
Moving stop losses is a disadvantage, of course, the amount of loss will increase.
#100 - January 07, 2021, 05:03:03 AM

Riky Namaku

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The stop loss should have been set in such a way so that after setting it, we will forget it and don't move it.
#101 - January 07, 2021, 05:42:53 AM

Widiaty Syahnazia

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Stop Loss should not be moved, because obviously it will cause losses because it does not follow the rules. we have set a stop loss so don't move it without a very strong reason.
#102 - February 03, 2021, 07:07:33 AM

miqbal79

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shifting the stop loss is one of the bad habits because if a trader shifts the stop loss frequently, it means that he has violated discipline.
#103 - February 04, 2021, 01:14:07 PM

Jajami

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Quote from: miqbal79 on February 04, 2021, 01:14:07 PM
shifting the stop loss is one of the bad habits because if a trader shifts the stop loss frequently, it means that he has violated discipline.
It is not only discipline that is violated, the losses keep increasing.
The average trader who does not understand money management when he has shifted the stop loss will continue to do so until the MC.
#104 - February 06, 2021, 08:19:11 PM

Demnok Lannik

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In my opinion, always shifting stop losses is a very bad habit because that means we are not sure about our decision from the start, and this can make our losses even bigger.
#105 - March 01, 2021, 09:01:14 AM
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