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Thread: How effective is using stop loss?

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    Member tyntynfx's Avatar
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    How effective is using stop loss?

    How effective is using stop loss?

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member vitadlmundo's Avatar
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    Not sure who in their right mind would tell you to not use a SL (Stop loss), if you don’t use one the only way to ensure your account doesn’t blow is by sticking your eyes to the screen. Always use a stop loss, it is there for a reason.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member alkeanAnidem's Avatar
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    A few brokers guarantee a S/L, but IMO, their other costs, including increased spread cover their guarantee.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member syvellevy's Avatar
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    Stop loss is very effective for new traders. I suggest using it if you are new in this market

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member Trader_Rob's Avatar
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    This is very important so we can minimize the losses. This way, we are able to set a reasonable price to close an order that is dropping. We are able to avoid scenarios where we are hesitant to sell the position hoping that the price will get back up. Especially if you are a short-term trader.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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