Trade with or without stop loss!

[shere1779]

Many traders think that stop loss order limits their profits so they don't use it. Other traders never trade without stop loss order. Do you have any experieces about that!

[rrayne20009]

I am newbie and I wanna trade with stops-loss to prevent runaway losses if trade does not go in the direction you anticipate

[unclegober]

There are many ways to secure the margin of big losses. Stop loss is one of them, while others can use the cut loss, or other strategies such as locking, hedging and averaging.
There is no necessity to use a stop loss if we dare to cut loss, or if we are trading using hedging or averaging strategies.
It all comes back to individual choice


Armada Markets

[dangtrader]

Stop loss is indispensable tool in forex trading. It is reasonable to use when you trade on longer timeframes because you can't stare at charts for ours and SL works as safety catch. It is rather useless in scalping trading, when active trading interval usually doesn't exceed 5 min.

[jane99]

trade without stoploss = very High risk
Psycology and most important is money management right

[unclegober]

stop loss is very effective and reliable to use when there is a major news release that has high volatility,it would therefore protect your margin in case the trade go against your order from running far

Myfxbook Autotrade

[ddeeen]

trade with stop loss is must in forex trading. Its very helpful for our health.

[chin100]

Stop losses and take profit levels are important in helping to remove the necessity to make emotional decisions during real-time trading. The psychology of trading suggests that markets are controlled by fear and greed.

[orni308]

i trade using stop loss as its a very important tool in forex which prevents you investment getting eroded in one go.

[unclegober]

If anyone want to trade without placing the stop loss then he must use small volume so that his account will not triggered by margin call. Do not have to place multiple order. This is definitely help him to earn from forex. Let's Try MYfxbook AutoTrade : Choose a trading system and trust your funds to carefully picked strategy

[chibipenny]

for me( traders who have little funds... it might be wise to use a stop loss, although it may be from the other side there is the possibility of price reverses direction at a certain period of time even though it plunged deep enough (rely on the power margin or large fund where the current open positions with a small lot), and idon't want to play with the naked risk.

[vic84]

Well it depends on a trader, , its a very useful tool that every trader should use as a safety check, but most of the experienced traders dont use it as they can predict price movements.

[dalwis]

I never use ea Without stopping los , And Turns In fact Satisfactory result .

[Fxchamp]

Well, I guess it truly depends on the trading pairs and in the situation you are in on any particular time. The priority of each trade differs from time to time. You have to take care into every trade when it is live.

[ValdisFFS]

If you want to feel more secure, it is definetely a good idea to use stoploss!

[stefcio2002]

Originally Posted by shere1779

Many traders think that stop loss order limits their profits so they don't use it. Other traders never trade without stop loss order. Do you have any experieces about that!

Trading without stop losses is like driving without stopping at red lights. It goes faster but someday you ll get killed.

Now another thing is that when you place stop losses, you give indication to the market makers. This is why some traders will use mental stop losses, but in order to do it you must be in ftony of your computer all the time.

[orni308]

Although it depends on trading time and individual choice but i think a new trader should definitely use it as a new trader is not good at predicting prices.

[tenkofx]

One of the biggest differences between successful traders and unsuccessful ones is the successful traders are mostly concerned with protecting the account value and unsuccessful are mostly concerned with earning profits. The problem isn't using one, it's placing it in the right place.

[tenkofx]

Setting the stop loss will limit your losses if the market does not move in the preferred direction.I like to trade using Stop Loss. And it brings me to good results in the end of the day.

[vic84]

Originally Posted by tenkofx

Setting the stop loss will limit your losses if the market does not move in the preferred direction.I like to trade using Stop Loss. And it brings me to good results in the end of the day.

Yes its very important to set stop loss, especially for new traders who have not enough experience in market movement.

[PapiaKhatunAsha]

Losing is definitely easier because it can come in blink of an eye, so that’s why we got to be very careful with how we go about handling it. I am fortunate enough under FreshForex, as they are too special being regulated. I enjoy it a lot under service that further provides me with 101% bonus on deposit, so I like it all so much more and allows me to work with absolute ease.

[mlawson71]

Virtually all regulated companies allow the use of Stop Loss, I don't think that is an issue at all when it comes to regulation.

[BubbleGum]

Stop-loss orders would be placed by traders either to limit risk or for protecting a portion of existing profits in a trading position.