Important of using stop loss Levels - Page 575
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Thread: Important of using stop loss Levels

  1. #1
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    Lightbulb Important of using stop loss Levels

    Many traders think that its better not to use stoplosses because of their superior market analysis or their system.BUT one think they forget that the market not move what they think or analysis always they may be getting 90% success trade but non can give 100% in market.

    1- you can have a system that is 99% accurate and lose money.
    2- you can have also have one that is 1% accurate and make money.
    WHICH ONE DO YOU CHOOSE ?

    someone have said Trading is like HIGH WIRE ACT.

    you may walk the wire 100 times without a safety net but the it may happen that very 1st fall only kill you
    YOU CANT AFFORT TO TAKE THAT CHANCE.

    HOW TO MANAGE OR CALCULATE THE STOPLOSS AMOUNTS

    Amount to risk in one year - 100.000
    Monthly Stop Loss (Months in year) 5 - 20.000
    Weekly Stop Loss (Weeks in month) 2 - 10.000
    Daily Stop Loss (Days in Month) 8 - 2.500
    Per Trade Stop Loss 2 - 1.250

    ITS A WAY TO MAXIMIZING RETURN WHILE MINIMIZING RISK

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  2. #5741
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    Using stop loss is the most important rule in forex market to do safe trading. But, we can use it properly in just one condition when we are aware about technical analysis and also we have a strong trading strategy to know that what is the strong resistance and support areas to achieve take profit and stay away from stop losses.

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  3. #5742
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    Quote Originally Posted by Risk management View Post
    Using stop loss is the most important rule in forex market to do safe trading. But, we can use it properly in just one condition when we are aware about technical analysis and also we have a strong trading strategy to know that what is the strong resistance and support areas to achieve take profit and stay away from stop losses.
    I agree with you. Traders should determine strong support and resistance levels and only then they can place stop losses in correct way. Support and resistance levels are well seen on H4 and D1 time frames. Traders should use stop losses as it is the best option to protect accounts and money from big market movements.

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  4. #5743
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    Quote Originally Posted by Giedra View Post
    I agree with you. Traders should determine strong support and resistance levels and only then they can place stop losses in correct way. Support and resistance levels are well seen on H4 and D1 time frames. Traders should use stop losses as it is the best option to protect accounts and money from big market movements.
    Support and resistance levels are really helpful to place Stop loss and take profit effectively because at these levels market decide to move for next pattern. I think we need to learn properly the proper use of stop loss and take profit and must have a great experience with the use of support and resistance levels because these levels are best for trading and we can open or close trade with the help of these levels .while working with any trading strategy we can use these levels and most of professional traders have been using support and resistance in their daily trading analysis and work.

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  5. #5744
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    The stop loss levels are very well in functions because these are following the principles of holding the risks so we can easily overcome on the risks and we can try well for get ride form the losses with using the stop loss levels that are functioning also very rightly for us and we can approve success from them surely .

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  6. #5745
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    Forex is very risky and tough business, if we don't manage our money well we can lose it all to the markets, it is very necessary for us to use stop loss because that is the best risk and money management that we can used to protect our account balance, trading without stop loss means we are taking a whole lot of risk which could one day make us blow our account.

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  7. #5746
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    Many traders dont have proper plans and risk calculations in place and that is the reason they get to blow their account. So the main issue that is not allowing people to have stable income with Forex is their emotions and tendency to forget about the possibilities of losses here. We have to understand that Forex is not that kind of business where all this kind of emotions and carelessness can have place.

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  8. #5747
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    Traders with good plan will understand the stop loss function and how to trade with. The stop loss become the ideal point to implement risk managements where we have calculated the risk before. This is the way for traders to set enough margin to sustain the position and stop loss become the perfect way to exit from the market when the prices move out from the analysis then we can anticipate some condition without harm the position at the market
    We can use support resistance to analyze the market and get the stop loss levels

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  9. #5748
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    The most important thing in forex trading is that of the use of risk management because no one will be able to be for sure where the market will be headed. Therefore the traders should get to learn have a good trading strategy follow the good trading process earning in forex business isn't simple. You just need to take the good step take a good precaution with the risk been taken.

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  10. #5749
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    Stop loss is vert important for traders and if traders are not use the stoop loss in their trading then they are never get the high profit from this market. If we are use every time stop loss in our trading then our is become simple and easy for us and we will make easily the high profit from this market easily every day and get the high profit from this business easily.

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  11. #5750
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    Nothing is hundred percent sure in forex trading and that is the more reason why you must protect your capital each time you have cause to take position. In forex trading , anything can happen unnoticed or un announced and when market sentiment suddenly changes against your direction. The only thing you are left with to keep you safe is your protective stop loss.

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