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Forex Zone - Forex Forum
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General Forex Discussion
Stop losses. A necessary evil?
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Stop losses. A necessary evil?
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Re: Stop losses. A necessary evil?
Vernalta
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When you use a stop loss, you can trade well because when you trade without using a stop loss it will definitely make it difficult for you to trade and you will definitely be floating minus.
#571
- October 26, 2023, 01:11:04 AM
Re: Stop losses. A necessary evil?
Ikhtiar
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I think stop loss is related to discipline and risk taking, because stop loss means we limit risk with discipline. So if you always use stop loss, I think that's very good.
#572
- October 26, 2023, 01:14:09 AM
Re: Stop losses. A necessary evil?
Dyandra
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I believe using a stop loss is an important thing. Without using a stop loss, your position may always experience floating minus and this will always be difficult for you to use to make a profit.
#573
- October 27, 2023, 01:29:55 AM
Re: Stop losses. A necessary evil?
Ikhtiar
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If you want the stop loss to rarely be touched then you use the minimum forex trading volume and place the stop loss some distance from the SnR
#574
- October 27, 2023, 01:32:37 AM
Re: Stop losses. A necessary evil?
Vernalta
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stoplpss is an important thing to use when you use stop loss well then it will protect your account from losing except when you place a stop loss wrongly or too close it can kill you
#575
- October 28, 2023, 01:34:45 AM
Re: Stop losses. A necessary evil?
Dyandra
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I feel that using a stop loss will always protect us well. When we trade forex, we are required to always use a stop loss. Because it is a convenient thing that we should take advantage of
#576
- October 30, 2023, 02:25:26 AM
Re: Stop losses. A necessary evil?
Ikhtiar
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Stop loss is necessary and I think stop loss is in every technique, even the application of simple and consistent indicators ? support and resistance, trend lines, Elliot wave theory will make traders trade with confidence.
#577
- October 30, 2023, 02:49:42 AM
Re: Stop losses. A necessary evil?
Vernalta
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I feel that when you always use stop loss it will make us comfortable when trading and of course using stop loss will always make us know more about risk limits.
#578
- October 31, 2023, 02:43:36 AM
Re: Stop losses. A necessary evil?
Ikhtiar
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When the market trend is strong, don't try not to use a stop loss because the opportunity to achieve a profit is indeed large, but your opportunity to lose is also of course large.
#579
- October 31, 2023, 02:46:41 AM
Re: Stop losses. A necessary evil?
Dyandra
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I feel that using a stop loss is something that we have to use in every open position we open without using a stop loss. Maybe it's not a problem, but as a result you will get a high floating minus later.
#580
- October 31, 2023, 06:54:06 AM
Re: Stop losses. A necessary evil?
Vernalta
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I feel that using stop loss is very effective for us because after all, using stop loss will make us more comfortable, making us calmer when opening even negative floating positions.
#581
- November 01, 2023, 06:44:46 AM
Re: Stop losses. A necessary evil?
Dyandra
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if you use a stop loss it will definitely be very useful for us because using a stop loss will not possibly kill you, it will actually protect you
#582
- November 02, 2023, 05:55:09 AM
Re: Stop losses. A necessary evil?
Vernalta
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I also see that stop loss and take profit are something that we must install when opening a position. The use of stop loss is very effective for the security of our open position and take profit so that we can make a profit and not be greedy.
#583
- November 03, 2023, 06:09:39 AM
Re: Stop losses. A necessary evil?
Dyandra
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of course here the use of stop loss is very important because it provides an effective way so that we don't easily float minus and don't easily MC
#584
- November 05, 2023, 04:17:56 AM
Re: Stop losses. A necessary evil?
Vernalta
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make it a habit to analyze always use a stop loss without using a stop loss you might find it difficult to trade and this will actually hinder you from being successful
#585
- November 06, 2023, 04:27:09 AM
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