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Author Topic: Is Stop loss is also a part of the trading business?  (Read 26653 times)

Offline litecoin

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Re: Is Stop loss is also a part of the trading business?
« Reply #60 on: October 14, 2017, 05:17:26 PM »

Stop loss is risk management tool so we should implement in each trade to save our account huge losses. It is the must use tool because Forex market is highly risky and we had to improve our trading skills to generate more pips.

Offline litecoin

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Re: Is Stop loss is also a part of the trading business?
« Reply #61 on: October 31, 2017, 06:35:07 AM »
While trading stop loss should be used to do secure trading because Forex market is unpredictable and suddenly changes so its is better to secure our account from huge losses we can practice stop loss in demo account.

Offline Super Andrew

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Re: Is Stop loss is also a part of the trading business?
« Reply #62 on: October 31, 2017, 04:06:35 PM »
How about a good money management instead of only figuring out stop loss?

I think stop loss is a part of the money management.
I mean proper mm  8)

Offline brave

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Re: Is Stop loss is also a part of the trading business?
« Reply #63 on: November 06, 2017, 08:36:23 AM »
keep yourself in safe mood is the positive approach and for the sake of voiding huge loss, stop loss is the best way, we should use with proper way then we will be able to get the fruitful result from this business, stop loss is the best method against huge loss.

Offline iMusingKiMi

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Re: Is Stop loss is also a part of the trading business?
« Reply #64 on: November 15, 2017, 05:44:55 AM »
Yes and no. It depends what you trade. If you trade on equities and think the company is in good future, why you buy it high and sell it low? You should buy more instead of selling it off. If you always have to stop loss in your strategy, this means there must be something wrong on your strategy and money management.

Offline resistance

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Re: Is Stop loss is also a part of the trading business?
« Reply #65 on: November 16, 2017, 10:44:44 AM »
Yes actually trader they having own option will using stop loss or without stop loss, but of course they must accept all consequence when trading without stop loss, using stop loss if always hit stop loss also will losing money and decreasing money, sometime psychology trading also influenced on result trading

Offline Paul.Trafford

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Re: Is Stop loss is also a part of the trading business?
« Reply #66 on: November 16, 2017, 03:01:50 PM »
Yes actually trader they having own option will using stop loss or without stop loss, but of course they must accept all consequence when trading without stop loss, using stop loss if always hit stop loss also will losing money and decreasing money, sometime psychology trading also influenced on result trading

I didn't understood a thing. Could you please elaborate a little bit ?

Offline CanadianPsycho

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Re: Is Stop loss is also a part of the trading business?
« Reply #67 on: November 16, 2017, 03:19:41 PM »
Resistance's posts are now being moderated.
« Last Edit: November 19, 2017, 02:50:09 PM by CanadianPsycho »

Offline iMusingKiMi

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Re: Is Stop loss is also a part of the trading business?
« Reply #68 on: December 01, 2017, 02:18:52 PM »
Yes actually trader they having own option will using stop loss or without stop loss, but of course they must accept all consequence when trading without stop loss, using stop loss if always hit stop loss also will losing money and decreasing money, sometime psychology trading also influenced on result trading

Money management are actually very near to stop loss. If you have a good money management plan, it just works the same as stop loss.

Offline Neurotic

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Re: Is Stop loss is also a part of the trading business?
« Reply #69 on: December 02, 2017, 12:59:01 PM »
Yeah, the Stop Loss may be the best strategy, but it isn't going to work for all the time, you need to find the best strategy as per the situation.

Offline Eliza Abrams

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Re: Is Stop loss is also a part of the trading business?
« Reply #70 on: December 04, 2017, 04:39:33 PM »
Yeah, the Stop Loss may be the best strategy, but it isn't going to work for all the time, you need to find the best strategy as per the situation.

How do you choose when it's appropriate to use stop loss and when it's not?

Offline bearnakedbull

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Re: Is Stop loss is also a part of the trading business?
« Reply #71 on: December 04, 2017, 04:44:43 PM »
You must always use sl to survive. Eventually not having one in place will get you. Even with one it is possible to have such a sudden move that it is not closed at the designated number. Forex is dangerous.
Regards, bnb

Offline Neurotic

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Re: Is Stop loss is also a part of the trading business?
« Reply #72 on: December 05, 2017, 06:25:15 AM »
There are many strategies to deal in with the Forex Market like the Stop Loss, Hedging and lots more, to achieve success in the Forex Market.

Offline Trunk

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Re: Is Stop loss is also a part of the trading business?
« Reply #73 on: December 06, 2017, 03:41:19 PM »
There are many strategies to deal in with the Forex Market like the Stop Loss, Hedging and lots more, to achieve success in the Forex Market.


Hedging is possible only through derivatives like options I do combine them with my Hotforex CFD positions with consistent success.
But frankly finding price discrepancies or mispricing takes a lot of time and efforts to calculate, especially using complicated models like black-scholes modified formulas, etc.

Offline Eliza Abrams

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Re: Is Stop loss is also a part of the trading business?
« Reply #74 on: December 06, 2017, 04:32:12 PM »
There are many strategies to deal in with the Forex Market like the Stop Loss, Hedging and lots more, to achieve success in the Forex Market.

True. Do you use any of them?
I confess that I just place my SL above or below the closest resistance and support that I see.

 

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