Why Stop Loss is very important

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One of the best way to minimize loss is the use of the Stop-Loss option. This is an option that a trader can set to tell the broker when to close the deal and how many pip loss he is willing to accept. If you do not use the stop loss option and walk away from your computer, you will lose greatly if the market moves against your position.

So, for traders who love placing long term trades, they must always use the Stop Loss at all time.

 

SL or stop loss is very important in forex trading. because the SL then we can minimize the risk of forex bigger so the risk MC is very small . This is part of risk management. Forex without having risk management it will only end up with a loss

 

stop loss is part of good risk management. If we want to trade we did not experience a greater loss then we have to use a stop loss. With a stop loss then we can make the risk limits that we were able to take

 

Obviously to minimize risk.

 

we know that forex has a very high risk. we will never know where the market will move for sure. for that, we need SL to protect our account of greater losses. without SL account then we can suffer large loss even MC

 

It is not matter if you always keeps in front of meta trader. But if the change of currency will go down 100 pips in one second, you may make a big loss. Or if you could not stay always in front of meta trader then you should use stop loss. Otherwise you may loss all of your capital. It is better to start with a demo account and you will understand why it is so important.

 

yes, I agree with you, the SL is very important in forex, because SL is part of good risk management so with use SL then greater risks can be minimized well. we also need to improve trading skills if we want to minimize the risk

 

And I believe that everyone's agree. Truly SL lessen the posibility of higher lose.

 

Forex is a tough business to our predictions well, so we need good risk management so that risk can be minimized well, so that we can trade with ease. Therefore we need using SL when trading well so that large a risks can be minimized well

 

management of risk becomes very important in trading. because then we can get the maximum trading. tader successful trader is able to manage risk well

 

Forex is a market that is difficult for us to predict direction well, because in forex we will never know where the direction of the market. that sometimes arise unforeseen risks. for that we need to use SL when trading

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