#6
Stop loss should be part of your trading strategy as a trader. If you have a system ot strategy that doesnt include stop loss then you journey to success in forex is still very far. Nk matter the lot size, no matter the target, always use 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.
#5
Yes. From the moment I lost a huge amount because I forgot that I left a position open, I never forget to set a stop loss. This will prevent you from losing so much.
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.
#4
SL has always been a part of my habit and it really helps minimize my losses. Although sometimes I miss other opportunities for a higher profit. For instance, I buy at a certain price and set an SL. The price goes down and hits my SL so the deal closes at a loss. However, a few seconds later, the price spikes up. It could have been a win. There are moments like that although it rarely happens to me. Most of the time, SL saves my funds.
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.
#3
Yes. No matter how small your target is, SL will help you to limit your loss. We'll never know how the price would really move, right?
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.
#2
You have to consider using SL because it leads you to win.
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.
Unregistered (2 )
#1
Should I consider placing a stoploss for such a small target ?
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.
Unregistered (4 )
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