photo
Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to Thread
    Page 8 of 13 FirstFirst ... 3 6 7 8 9 10 ... LastLast
    Results 71 to 80 of 129

    Thread: At what level can a trader place stop loss?

    1. #71
      My pips hand is weak
      I am:
      ----
       
      alhusieny is an unknown quantity at this point alhusieny's Avatar
      Posts
      154
      Accumulated bonus
      20.35 USD (What is this?)
      Thanks
      0
      Thanked 1 Time in 1 Post

      Default

      Stop loss is a very important order in Forex so you can control the management of your capital. The good and successful trader is the one who uses it constantly and can not escape a deal from his hand. This has been used and the number of points in the stop loss order should be less than the number of points in the profit taking order


    2. #72
      It's time to retire!
      I am:
      Pensive
       
      dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan's Avatar
      Posts
      13,125
      Accumulated bonus
      3207.81 USD (What is this?)
      caught pokemons
      44 (What is this?)
      Thanks
      7,436
      Thanked 13,917 Times in 2,736 Posts

      Default

      You do not need to place a stop loss if doing long term trading. Placing stop loss in trading accounts also requires short term analysis skills. When you can not place a stop loss then it will only reduce the balance continuously. You will be safer with long term trading if you know the direction of the trend in that particular currency pair is bearish or bullish.


    3. #73
      FX Zombie
      I am:
      ----
       
      swallow is on a distinguished road swallow's Avatar
      Posts
      2,763
      Accumulated bonus
      517.87 USD (What is this?)
      caught pokemons
      2 (What is this?)
      Thanks
      2
      Thanked 27 Times in 21 Posts

      Default

      Stoploss is very important in the forex trading because it helps to protect capital from blow out. Stoploss could be placed at the time of placing the order and sometimes ,it could be some minutes after opening order. The most important is that traders must make use of stoploss when the are placing orders.


    4. #74
      It's time to retire!
      I am:
      Fine
       
      elssayed has a brilliant future elssayed has a brilliant future elssayed has a brilliant future elssayed has a brilliant future elssayed has a brilliant future elssayed has a brilliant future elssayed has a brilliant future elssayed has a brilliant future elssayed has a brilliant future elssayed has a brilliant future elssayed has a brilliant future elssayed's Avatar
      Posts
      11,405
      Accumulated bonus
      2302.46 USD (What is this?)
      Thanks
      934
      Thanked 1,847 Times in 888 Posts

      Default

      yes this always happen with me i always make stop loss to my trades but after my stop loss hit price always back again to my way so in more times i say that trading without stop loss better than trading with stop loss but in some conditions market move speedy against us for more pips up to 500 pips so using stop loss is very essential and we have to accept it then we can compensate it with any other trade


    5. #75
      FX Zombie
      I am:
      ----
       
      SIMPLEMAN will become famous soon enough SIMPLEMAN's Avatar
      Posts
      2,587
      Accumulated bonus
      464.80 USD (What is this?)
      Thanks
      2
      Thanked 58 Times in 51 Posts

      Default

      what i use to do is that i always like to place my stop loss between 50 to 60m pips from my entry point and i always make sure that i look for a good entry point to join the market, this has really been working for me, anything beside this means that my analysis is wrong, it is a very bad thing for traders not to protect trades with the stop loss, it is one of the easiest way to lose an account.


    6. #76
      MT5 Veteran
      I am:
      ----
       
      forexhelper is a jewel in the rough forexhelper is a jewel in the rough forexhelper is a jewel in the rough forexhelper's Avatar
      Posts
      4,067
      Accumulated bonus
      661.91 USD (What is this?)
      caught pokemons
      7 (What is this?)
      Thanks
      5
      Thanked 272 Times in 184 Posts

      Default

      Stop loss is very effective in the Forex market to protect our account from destruction.But if we do not use stop loss in correct position we cannot save our account.Using stop loss is like a guard but if we do not know the business and always use stop loss we cannot save our account.


    7. #77
      It's time to retire!
      I am:
      ----
       
      Sid18 has a spectacular aura about Sid18 has a spectacular aura about Sid18 has a spectacular aura about Sid18's Avatar
      Posts
      19,510
      Accumulated bonus
      4426.03 USD (What is this?)
      caught pokemons
      19 (What is this?)
      Thanks
      1
      Thanked 208 Times in 201 Posts

      Default

      it depends on the strategy of a trader that at which level he use stop loss in his trades, so i think that if a trader is doing trades in this market then at that time to use stop loss he should select that point after which he thinks that market will change its direction properly and he can get loss so at that point he should place stop loss.


    8. #78
      FX Zombie
      I am:
      Chatty
       
      sameeh is just really nice sameeh is just really nice sameeh is just really nice sameeh is just really nice sameeh is just really nice sameeh's Avatar
      Posts
      2,667
      Accumulated bonus
      380.52 USD (What is this?)
      Thanks
      532
      Thanked 455 Times in 254 Posts

      Default

      in my opinion stop loss should be placed away from the near support an resistance levels and so the this will make trading more safe and the stop loss will not hit easily and this will increase the possibility of earning and will decrease the possibility of loses always, stop loss placement depends mainly on the strategy used for trading.


    9. #79
      It's time to retire!
      I am:
      Fine
       
      shyammandal is a jewel in the rough shyammandal is a jewel in the rough shyammandal is a jewel in the rough shyammandal's Avatar
      Posts
      15,992
      Accumulated bonus
      3351.99 USD (What is this?)
      Thanks
      826
      Thanked 294 Times in 249 Posts

      Default

      Quote Originally Posted by Sid18 View Post
      it depends on the strategy of a trader that at which level he use stop loss in his trades, so i think that if a trader is doing trades in this market then at that time to use stop loss he should select that point after which he thinks that market will change its direction properly and he can get loss so at that point he should place stop loss.
      Trader should take stop loss trading tools for every trade there are not any certain level for using stop loss . Stop loss help to minimize the risk of loosing maximum money . If trader do any mistake to take trading order then stop loss help to minimize the loss . So before opening trading order , trader should use stop loss . Some trader are taking stop loss at support and resistance level .


    10. #80
      MT5 Maniac
      I am:
      ----
       
      Torrent will become famous soon enough Torrent's Avatar
      Posts
      3,589
      Accumulated bonus
      620.89 USD (What is this?)
      Thanks
      25
      Thanked 102 Times in 86 Posts

      Default

      Actually it depends on traders analysis. Trading depends on analysis. Now a trader should figure it out that where he can place is stop loss. His analysis will say everything. No one can say where to put and where not to put. But I suggest everyone to set SL little bit higher level because market spikes which causes problem and touch SL sometimes. So better to set SL little big higher.


    Reply to Thread
    Page 8 of 13 FirstFirst ... 3 6 7 8 9 10 ... LastLast

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts