Stop loss is very effective for all the traders specially new traders who want to limit their losses. But to use SL, traders need proper knowledge about this.
Please take a look around, and feel free to .
Absolutely right. I was talking about a novice. Sometimes they become enthralled studying complicated charts and then fail to master the art of charting.Placing stop loss in the right place is not an easy task. One needs proper knowledge and experience of reading a chart to place stop loss.
We will need to make some Efforts so that the Risks present into our trading accounts will come down.Forex is risky because most of the traders don’t have any analytical knowledge and they don’t know how to select a right broker for them. As a result, they get upset easily. Traders should not get upset so easily rather they should sketch out a plan by following which they can go ahead easily.