Forex Zone - Forex Forum

Stop Loss Effective for Successful Trading

Discussion started on General Forex Discussion

  • Sr. Member
  • Posts: 449
  • Points: 45319
  • Likes Received: 14
  • Reputation: +1/-0
effective or not a stop loss depends on its use, if used properly and discipline will certainly be very useful and effective and vice versa so the trader must be able to manage the placement and use of this stop loss.
#46 - May 21, 2020, 01:37:08 PM

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
Supporting for successful trading is the stop loss method, it is very effective by using stop losses, trading can be managed better for succcess.
#47 - May 25, 2020, 05:16:56 PM

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
A stop loss must be applied to both beginners and professionals because it is proven to be quite effective in limiting losses, even though beginners are less able to place stop losses properly and correctly but can free them from the margin call.
#48 - May 26, 2020, 11:08:38 AM

  • Sr. Member
  • Posts: 462
  • Points: 25708
  • Likes Received: 20
  • Reputation: +1/-3
stop loss is indeed an important factor a trader can minimize a loss so that it proved quite effective, especially for novice traders who want to be a successful trader or professional trader
#49 - May 26, 2020, 03:23:06 PM

  • Sr. Member
  • Posts: 436
  • Points: 19608
  • Likes Received: 5
  • Reputation: +1/-0
Successful traders certainly apply stop loss consistently and that means stop loss is very effective and not only that, stop loss even becomes one of the mandatory things that must be applied forever as long as we trade.
#50 - May 27, 2020, 04:39:48 PM

  • Hero Member
  • Posts: 1028
  • Points: 2100
  • Likes Received: 296
  • Reputation: +6/-4
absoluterly stoplose is very important and prevent trader losing a huge money or capital because with stoplose every order will be more effective
#51 - May 28, 2020, 02:20:08 AM

  • Sr. Member
  • Posts: 378
  • Points: 13171
  • Likes Received: 13
  • Reputation: +0/-0
It seems like there are indeed many who think that stop loss is just a feature to limit risk but more than that, stop loss is actually a multi-function such as risk limiting, determining our discipline in applying trading rules and also as an effective tool to maximize profit targets.
#52 - May 28, 2020, 03:18:38 PM

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
The use of stop loss is certainly very important because the market movement is almost unpredictable, when trading is not accompanied by a stop loss, the potential for MC will be very large. Although it is still important that the application of stop loss must be considered carefully, do not bother and only rely on guessing faces. When we trade like that, so get ready to swallow a lot of losses, due to improper stop loss installation surely this stop loss will be easily struck and we end up losing a lot.
#53 - May 31, 2020, 09:11:40 AM

  • Sr. Member
  • Posts: 448
  • Points: 104137
  • Likes Received: 12
  • Reputation: +1/-0
in my opinion is very effective because professional traders consider stop loss as an important aspect and inevitably have to always be applied in trading it does. Stop loss is also often used as an important guide in dealing with all the risks that are certain and often arise in the forex market.
#54 - June 11, 2020, 07:44:37 PM

  • Hero Member
  • Posts: 524
  • Points: 0
  • Likes Received: 65
  • Reputation: +2/-0
With a stop loss will keep capital from large losses, we can maintain capital and develop it when using stop losses, it is very effective for our trading.
Stop Loss makes trading more effective if the stop loss placement is appropriate and well, Stop Loss must understand how to use it correctly.
#55 - June 16, 2020, 01:53:46 AM

  • Sr. Member
  • Posts: 410
  • Points: 46229
  • Likes Received: 7
  • Reputation: +3/-0
stop loss is one of the most important things and actually must be applied by traders but not many traders focus on using stop loss because they don't want loss, that's what makes stop loss ineffective.
#56 - June 17, 2020, 01:53:23 PM

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
maybe if a trader's skill is professional then stop loss becomes a mandatory requirement because it is very important and certainly will greatly affect trading performance and account security.
#57 - June 23, 2020, 06:59:10 AM

  • Sr. Member
  • Posts: 358
  • Points: 56105
  • Likes Received: 10
  • Reputation: +1/-1
if for a successful trader don't ask again, of course he always and apply stop loss and it is very effective, except traders use cut loss but rarely do successful traders apply cut loss.
#58 - June 24, 2020, 10:42:01 AM

  • Sr. Member
  • Posts: 444
  • Points: 0
  • Likes Received: 31
  • Reputation: +2/-0
if for a successful trader don't ask again, of course he always and apply stop loss and it is very effective, except traders use cut loss but rarely do successful traders apply cut loss.
Risk Management is safer and more effective with stop loss than cutloss.
if using cutloss, just a little error and late closing the order will end a big loss / margin call
#59 - June 24, 2020, 02:58:57 PM

  • Full Member
  • Posts: 104
  • Points: 9318
  • Likes Received: 6
  • Reputation: +0/-9
Risk Management is safer and more effective with stop loss than cutloss.
if using cutloss, just a little error and late closing the order will end a big loss / margin call
That's right, using Stop loss is better than cut loss because it is anticipated if the market experiences a significant movement. And to minimize losses if the analysis is wrong.
#60 - June 24, 2020, 11:06:03 PM

Members:

0 Members and 1 Guest are viewing this topic.