an expert trader could have been in a stop loss is not installed because it is 100% in its analysis, but let's say in a new trader can place it in the way of installation of stop loss for our funds safer and will not be exhausted everything
Do you use stoploss? 645 replies
What stoploss do you use? 27 replies
forex tip - Don't use a fixed stoploss brokers can target 23 replies
Personal Take Profit and Stoploss (per human, not per trade) 0 replies
Dislikedreal traders know how to manage risk and thats where the stoploss comes inIgnored
Disliked{quote} so it means that the real/successful traders would basically be able to calculate the risk hence no need for a stoploss?Ignored
DislikedHonestly I am a rookie but, the reason I don't use stop losses is because I don't know how to place a stop loss based on daily close lol...but so far its been fine the majority of the time.Ignored
DislikedHonestly I am a rookie but, the reason I don't use stop losses is because I don't know how to place a stop loss based on daily close lol...but so far its been fine the majority of the time.Ignored
Disliked{quote} Personally, I recommend investing some time in learning how to use a stop loss. Even if you dont need it now it may be necessary at some point.Ignored
DislikedWhere possible a stop loss will always be in place in my opinion, however the only occurrences this is not practical is if $risk exposure is inordinately large and the lack of liquidity would cause a large risk of material slippage therefore a stop loss would be executed by exiting in chunks.Ignored
DislikedStop loss is important to give us peace of mind. I would be having sleepless nights if I don't use stop loss. A single black swan event could destroy our trading account.Ignored
Disliked{quote} That is exactly how I feel most of ]{quote} That is exactly how I feel most of time. That said, its important to keep in mind that poorly placed stop losses can also gradually melt your account away.Ignored