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Stop Loss Effective for Successful Trading

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Jajami

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There are no bottom and high limits on the market, which makes the limit is that we use Stoploss and Takeprofit as a boundary system. 
If trading does not have restrictions such as stop losses, the limit is MC. 

I concluded that this stop loss is very effective for achieving success in the forex business.
#31 - February 20, 2020, 12:26:22 PM

almarikayu

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stop loss is indeed quite effective it's just not mandatory and not all traders use it because it is related to trading style and suitability with trader's style and character.
#32 - February 20, 2020, 04:40:04 PM

Tapakliman

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stop loss is very effective in my opinion and can be used as a shield if we are somewhat negligent with what makes the risks that exist in our trading can be minimized.
#33 - February 20, 2020, 08:19:47 PM

Xianzun

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if we can apply stop loss well it will be very helpful and effective, conversely if it can't then it will become a boomerang for yourself.
#34 - February 26, 2020, 04:41:10 PM

Arjun Setya Raharja

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Successful traders do always apply stop loss in trading, so of course it's very effective unless the trader uses a cut loss then the stop loss becomes ineffective.
#35 - February 27, 2020, 12:45:56 AM

Lucifer78

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in my opinion quite effective, if it is not effective it will certainly not be applied in the long run, usually successful traders can not actually trade without installing a stop loss.
#36 - February 27, 2020, 11:49:17 AM

karisma sanse

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stop loss can be very important if the trader is very confident in the stop loss function, in my opinion stop loss is quite effective and useful to protect the trading account that we are running.
#37 - February 27, 2020, 02:01:43 PM

Minum Kopi

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trading if without using stop loss it will get a big risk of loss and can even cause our account to experience a margin call quickly, for that we have to do with the installation of SL will help us minimize losses



#38 - February 27, 2020, 02:37:40 PM

aizafx

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A professional trader will always consider with risk management in trading, stop loss is one way to manage the risk, but sometimes if you get in trap bad broker as dealing desk broker, could possible before touched price stop, but order already closed due stop loss hunting, STP broker and ECN broker is better than bucket shop broker
#39 - February 27, 2020, 08:52:00 PM

farqueen

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I rarely find successful traders without using stop loss, although there are certainly very few in number, so stop loss is very effective for successful trading.
#40 - March 02, 2020, 03:38:11 AM

Sarijos Soros

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stop loss is no longer effective but also something that is mandatory in trading because inevitably we have to be able to minimize the risks involved in trading.
#41 - March 03, 2020, 04:32:53 PM

Arago

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effective or not depends actually on how it is applied and also whether the trader uses stop loss or cut loss.
#42 - March 04, 2020, 03:20:15 AM

Alventa

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stop loss is one of the highest level of risk management so there is no reason not to use stop loss because successful traders always use stop loss.
#43 - March 04, 2020, 03:53:56 PM

Tahajud

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Stop loss is important, really important. We can minimize losses due to price changes in direction of our own analysis. Most people because MC does not use STOP LOSS. Stop los can be a stop plus if positive floating we can change the stop loss so stop plus. The way is if the stop booth is behind the price entry that we set, but if the stop plus is changed to in front of the entry price, so when the price changes direction the price will touch our Stop Plus first.
#44 - May 17, 2020, 11:50:03 PM

Rizky_Rizal46

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in fact, in my opinion a trader can be successful because of the discipline of applying stop loss, believe not believe professional traders will definitely prioritize stop than anything even strategies that they have because minimizing risk is the main and most important thing.
#45 - May 20, 2020, 01:59:03 PM
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