Forex Zone - Forex Forum

Stop losses. A necessary evil?

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 844
  • Points: 313
  • Likes Received: 64
  • Reputation: +0/-0
Don't ever limit the use of stop-loss because by limiting something that protects you you will experience your own loss so as much as possible you should use Stoploss
#121 - September 22, 2021, 07:27:22 AM

  • Full Member
  • Posts: 243
  • Points: 48
  • Likes Received: 6
  • Reputation: +0/-0
this is what you have to remember when you always open a position without using a stop loss then you will feel an extraordinary sensation When you are floating minus and it will make our hearts and hearts not know, therefore if you don't want it like that you have to use stop loss
#122 - September 22, 2021, 10:44:38 PM

  • Hero Member
  • Posts: 906
  • Points: 92
  • Likes Received: 64
  • Reputation: +4/-0
Never in an open position you don't use a stop loss or you don't use a stop loss on purpose because when you don't use a stop loss you will experience defeat later on. So you have to use Stoploss properly when you want to open a position.
#123 - October 01, 2021, 11:38:02 PM

  • Full Member
  • Posts: 106
  • Points: 6
  • Likes Received: 0
  • Reputation: +0/-1
In trading we must always use stop loss as a limit of the losses that we will get, and it will make us safe and comfortable when transacting
#124 - October 02, 2021, 12:03:30 AM

  • Sr. Member
  • Posts: 480
  • Points: 5
  • Likes Received: 19
  • Reputation: +0/-0
When you intentionally don't use a stop loss, you will actually lose. So you have to use a stop when you open a position so that your balance is maintained.
#125 - October 02, 2021, 01:26:53 AM

  • Full Member
  • Posts: 219
  • Points: 0
  • Likes Received: 7
  • Reputation: +0/-0
This is the most important thing, especially when it's a good beginner to jump into the world of foreign exchange. Don't ever intentionally not use stop-losses because stop-losses are very important for the safety of your account, so inevitably you have to use it as a consideration for your security.
#126 - October 03, 2021, 06:32:20 AM

  • Full Member
  • Posts: 225
  • Points: 0
  • Likes Received: 19
  • Reputation: +0/-0
that's something you shouldn't do because you intentionally don't use a stop loss, then the possibility of danger in using your capital for foreign exchange trading will run out quickly if you experience a prolonged floating minus
#127 - October 05, 2021, 08:00:49 AM

  • Sr. Member
  • Posts: 480
  • Points: 5
  • Likes Received: 19
  • Reputation: +0/-0
if you intentionally don't use Stoploss then the results will not be good for you because you will be confused yourself when you experience a floating minus so don't ever intentionally not use Stoploss when the stop-loss hits your position.
#128 - October 08, 2021, 06:56:19 AM

  • Sr. Member
  • Posts: 298
  • Points: 3
  • Likes Received: 13
  • Reputation: +1/-0
Never intentionally do not use a stop loss by using it you will be free from anxiety and panic in the world of trading So you must understand that by using a stop loss you must be able to become a professional
#129 - October 09, 2021, 07:41:43 AM

  • Sr. Member
  • Posts: 298
  • Points: 3
  • Likes Received: 13
  • Reputation: +1/-0
you should never intentionally not use stoploss because stoploss is very helpful in protecting your account from mc so always use stoploss when you want to open a position
#130 - October 11, 2021, 11:04:48 PM

  • Full Member
  • Posts: 242
  • Points: 47
  • Likes Received: 14
  • Reputation: +0/-0
Do you always not use Stoploss, if Yes, then you will get the wrong amount so you should be able to use Stoploss every time you make a position, so you will be comfortable in using stoploss
#131 - October 13, 2021, 07:36:03 AM

  • Jr. Member
  • Posts: 97
  • Points: 7
  • Likes Received: 0
  • Reputation: +0/-0
For me the use of stop loss in trading is a necessity that we should do, because the stop loss can be able to function as our risk limit, and as a safety of our trading account
#132 - October 13, 2021, 12:20:59 PM

  • Sr. Member
  • Posts: 298
  • Points: 3
  • Likes Received: 13
  • Reputation: +1/-0
Never do we not use stop loss, we must be able to use stop loss so that we are effective in carrying out this trade optimally and correctly
#133 - October 13, 2021, 09:17:26 PM

  • Full Member
  • Posts: 225
  • Points: 0
  • Likes Received: 19
  • Reputation: +0/-0
When you intentionally don't use a stop loss, it will kill you, meaning that it will kill your trading account because when you use a stop loss, your account will be protected and it will not be easy to lose money.
#134 - October 15, 2021, 01:27:36 AM

  • Full Member
  • Posts: 174
  • Points: 10
  • Likes Received: 15
  • Reputation: +1/-0
Never forget to use stop loss because the use of stop loss is very effective to defend your account from very severe losses or floating minus So you should be able to use Stoplos in every situation
#135 - October 16, 2021, 02:51:58 AM

Members:

0 Members and 1 Guest are viewing this topic.