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Stop loss

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gsgcarri76811777
(@gsgcarri76811777)
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Joined: 3 years ago
Posts: 1
Topic starter  

Trading with a Stop LOSS Vs without Stop LOSS 🙄 😴 🤔 Β 


   
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Gift
 Gift
(@gift)
New Member
Joined: 6 years ago
Posts: 3
 

Stop loss is very important. Just learn to set it well

Learn all about SL

1616315580-google-drawdown-and-maximum-drawdown-in-forex.png
This post was modified 3 years ago by Gift

   
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Alpha
(@alpha)
Member
Joined: 3 years ago
Posts: 11
 

When you trade with no stop, it's like giving up all your trading account balance to the market. Your account is not protected at all.

Β Sometimes you may be lucky when a trade goes as predicted and you make money. However this is not guaranteed that it will happen all the time.

I want you to imagine the worst case scenario when you're wrong about the market and goes against you.

In this case, without a stop loss, you stand a chance to lose all the balance on your account if you're not the close trades manually.

Β 

This post was modified 3 years ago by Alpha

   
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englishman
(@englishman)
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Joined: 6 years ago
Posts: 4
 

stop loss is risk a management tool. Learn how to set proper SL

1616437161-google-2-risk-forex-rule.png

   
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