Don't avoid stop loss

[LeoFx]

Avoiding stop loss will put your trading at stake. Traders don't use stop loss and take profit due to their negligence. With FXOpulence broker, I can smoothly execute trades at the exact position.

 

[Hardson]

Reducing the number of losses that a trader usually suffer is the cardinal challenge faced by every trader. If you want to be agood forex trader, you should have loss-sustaining power because forex isn't for those who break down for a loss. FXOpulence allows traders with a 24/7 active support and other facilities in moderation.

 

[zunairafaisal]

1. Profit and Loss: Traders aim to profit from changes in exchange rates. If the price of the currency pair moves in the direction you predicted, you can close your position and make a profit. If the price moves against your prediction, you could incur losses.

 

[Stepan]

Avoiding stop loss will put your trading at stake. Traders don't use stop loss and take profit due to their negligence. With FXOpulence broker, I can smoothly execute trades at the exact position.

FXOpulence is a broker with terrible conditions. I don't advise anyone...

 

[Imogen Beaumont]

Avoiding stop loss will put your trading at stake. Traders don't use stop loss and take profit due to their negligence. With FXOpulence broker, I can smoothly execute trades at the exact position.

Setting the stop loss and take profit is an essential part of risk management. Don't make yourself lose money farther and further by relying on the unfounded hope that the market will recover.

 

[Polakandil]

Stop loss still become useful feature in forex trading to manage the risk, besides traders learn how to entering the market with minimum risk, also learn how to set stop loss to minimize the risk hit stop loss first than target profit.

 

[GeekyForex]

Risk management is fundamental to forex trading, in fact it is just as important as making profitable trades. A stop loss order is a key component to risk management and should be placed at the time of making a trade at a level that is inline with your risk-reward ratios set out in your trading strategy.

Learn more about placing stop loss orders with our step-by-step guide.

 

[benji177]

It is what protects you from substantial losses, the most effective risk management skill out there alongside mental fortitude, not to mention how it increases your longevity in the market (if you don't have unlimited resources).

 

[VasilTodorov]

that is must do
if you trade without using that you are gambling

 

[Lee.me]

Ignoring any means of risk management is stupidity, especially stop loss.

 

[Fin_Trader]

I always set stop losses. This is a good opportunity for me to avoid losing too much money if I enter the market incorrectly. It is also important to follow the rules of money management so that the stop loss does not take away most of the deposit.