when Stop Loss

[Alexander Hudson]

To make our trading profitable, we should rely on both technical and fundamental market analyses. For technical analysis, traders have to learn how to use these tools to analyze the market.

 

[Oscar Shumack]

Skip trading while the market is volatile and if you want to trade even then, you can go for scalping. Contrarily, when the market is clam, you can prefer long term trading.

 

[Alexander Hudson]

RSI, stokistics, moving average and Bollinger bands fibonacchi are some well-known indicators that can help you catch the market trend. It shows traders with different trading angles and points.

 

[Eduardo Lucchese]

I would like to add to your statement that the selected broker should be regulated because many scam brokers offer high leverage and narrow spread facilities.

 

[Eduardo Lucchese]

Don’t open trades without securing it with stop loss because this practice will make you highly suffer by the end of the day.

 

[Alexander Hudson]

I use stop loss with every trade I open because forex is a very uncertain market and I don’t want to keep any trade hanging.

 

[Oscar Shumack]

Not using stop loss is a wrong decision made by traders. Guarding a trade with both TP and SL will be a wise option for traders.

 

[Eduardo Lucchese]

Stop loss will keep you on the safe side so practice using stop loss and take profit in trading. Expert traders never do the opposite.

 

[Alexander Hudson]

Make using stop loss a compulsory practice for you otherwise you will have to suffer in the long run.

 

[Anele]

Every single trade should be tied with stop loss because stop loss works as a protection.

 

[Olivia]

Using take profit and stop loss in trading falls in the section of trading discipline. Breaking this discipline may lead to chaos.

 

[Aaron_0]

Tying a trade with stop loss keeps a person the safe side and it works as a security. Not relying on this security may cause harmful effect for a trader.

 

[Ethan]

In my trading, I use stop loss based on trading target for example when I trade scalping, I use tighter trading spread and when I trade for long target, I use big stop loss.