Better safe than sorry.Originally Posted by ;
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A specialist trader could have been in a stop loss is not installed because it is 100% in its analysis, but let us say in a new trader can place it in the way of installation of stop loss because of our capital safer and will not be exhausted everything
Why is this notion that successful and real traders do not use stoploss? Doesn't it provide a safety net to the trader by using stop loss if his analysis is wrong? I'm a newcomer and a noob in forex trading and I really want to learn.
Real traders understand how to control risk and thats where the stoploss comes from
so it usually means the real/successful traders would basically be able to calculate the risk consequently no need for a stoploss?Originally Posted by ;
You always need to use a stoploss no matter who you are,a number of the largest names in the gambling globe have been brought down in a matter of days by a couple of transactions that went wrong,never get too familiar with the market since its proven to pull some surprise moves after in a while.you should watch a movie called the rogue trader.Originally Posted by ;
Frankly I'm a newcomer but, the reason I don't use stop losses is because I don't understand how to place a stop loss based on daily close lol. . .but so far its been fine the majority of the moment.
Placement of stop loss has been evident that it was really give advantage to us, because we always put the stop loss will not be concerned about the risk because we already targeted based on science analysis That's Been achievedOriginally Posted by ;
Personally, I recommend investing some time in learning how to use a stop loss. Even in the event you don't need it now it might be necessary at some stage.Originally Posted by ;
Stop loss we have to apply when always place the order, with consistently the placement of stop loss then would be in a position to do a risk for us to aim. The good will attempt at a demo account to clinic we do as well in the training capacityOriginally Posted by ;