How can i stop my Loss?

[Umama Rana]

Actually no one has the capacity to stop loss in Forex fully. But taking some steps it can reduce sometimes. When I kicked off trading, I was not able to earn profit and did much loss. Then I started to learn Forex properly. Because I do believe without learning it is not possible to reduce loss at all. Now I am learning from my trading broker MXTRADE where huge educational facilities are available. So I am becoming a knowledgeable trade day by day by using these facilities.

[kurniawan]

Do anyone here ever using trailing stop??

How does it works?? I never use this but always using SL in my each trading...

[orni308]

see if you are a bignner then you should check your approacd and start from Demo account, and if you are trading for a while then you should take a break and give youself time to rethink and avoid stress.

[usok]

loses are part of everything, minimizing it is the ultimate struggle, as long as you dont give up. if you want to exp things you have never had, do things you have never done. :)

[Mark Hoffman]

The best way a person can stop his losses is by covering the entire basis and that starts with ability to analysis well but for this we need a proper guide and knowledge. I am very fortunate to have all these at one roof with Yes FX global; they are the leading Proprietary Company in the world and with their epic Remote FX Traders program things are picture perfect for getting good education and now I have really got mastery over technical analysis due to them.

[Haydar Ali]

If you are a new Forex trader, then I suggest you to follow good market analysis. because, practically it’s really impossible for newbie’s to make good market analysis. In addition, I always depend on daily market review of ‘TradingBanks’ trading broker. I get all technical analysis by their market review. Besides, I get all latest Forex news with details in their ‘Economic Calendar’.

[usok]

loses are part of trading, if a trader can trade with a 100% winning streak then its called the holy grail and its non existent.

[Gaban]

loses are part of trading, if a trader can trade with a 100% winning streak then its called the holy grail and its non existent.

yes loss is part of trading. in forex trading, we can not be separated from the name of the loss then we need to have a good MM and RM so that loss can be minimized by good

[deadman]

when you lose more money with this market. we should relax. we can trade with demo account. we can get our confident and we need analysis mistake. why we lose money. we must learn some lesson with our lose. we willl be stop lose and make money with this market

[Gaban]

stop loss is an important thing in forex trading is because the stop loss then we will be able to try trading with a comfortable and maximal, and therefore we need to continue to improve trading skills so that we would not be taxable accounts SL

[Marty Landry]

If we are losing consistently then there is no way to suddenly stop the blooding but if we gain proper knowledge and experience then it will slowly stop but there is no magical way to instantly stop it. I am using OctaFX broker and with them I am able to get good knowledge and also trade with a chance of making great money with the Champion demo contest that is held every month and has prize pool of 1000 USD for the winners.

[Loots Bosman]

Hard work is the only key that can unlock the door of profits and shut down the losses but most people don’t believe in this. I trade with Nova FX and there all my hard work was rewarded by time as they have so many great offers including the SuperNova Cash back offer where I was given 5% back over the actual investment. Although it might not stop losses but having larger capital always help with better management so that automatically save us from many losses.

[usok]

it would take more than just hard work to actually make it in forex. lots of factors are involved! :D

[Gaban]

to stop the loss is by doing cutloss if greater loss,. than we receive greater loss then we need to always use the SL when trading so that losses can be minimized by good

[Tanzil Al Banna]

If you want to avoid your big loss, then definitely I will suggest you to use stop loss trading tool and reduce your trading lot size. Please, don’t try to make double profit in your every trade; money management is the key point here. But, low trading spread of TradingBanks motivated me to trade with low risk ratio.

[Umama Rana]

Despite of good trading knowledge, it is not possible to avoid loss completely for anyone. But, taking some major steps it can reduce sometimes. Last week, I did huge loss during news due to lack of exact fundamental data. Now, I am trying to recover my loss with support of live economic calendar that provides my trading broker MXTrade. By means of this financial datebook, I can all important information on the financial health of various economics.

[Tanzil Al Banna]

If you are facing margin call again and again then stay away from live trading! Because, unfortunately you are not right person for doing live trading. But, don’t be frustrated because Forex business is the most technology based business where you have another reliable chance that is automatic trading. Personally, still now I use copy trading service of TradingBanks and really make more handsome money from my manual trading.

[binaryowner]

Every stop loss you set should be tied with deposit size of your account. For example my account with Hotforex is now 1.5 K and max risk I can tolerate is 1% or 15$ loss.

That's why money management is so important especially hold in check your losses.

Edited November 30, 2015 by binaryowner

[Umama Rana]

There is not a soul in this market place who can avoid loss completely at all. But, by taking some major steps it can be reduced sometimes. In my trading career, I at all times try to reduce my loss by learning. and, my trading broker MxTrade for all times make sure best trading environment for learning by providing many exclusive educational facilities.

[Simon Davis]

Perhaps by using stop loss? I mean at least I do that, but in bigger picture, we of course need to have knowledge or experience, as that’s what keeps the loss from coming or at least, it puts the hold to level of loss we face. I usually use high lot size where it becomes absolutely vital that I use Stop Loss tool, it is what will help me get out from wrong trade and make profits from right now. I trade we OctaFX broker and using stop loss with them is no issue given they are a true ECN company with even winning the award for it, so that’s why working with one such broker is the greatest thing we could do as trader.

[uncle gober]

By using a tight stop loss would be very beneficial, especially if doing so traders scalping techniques can minimize the risk better. I like the system that is given by tickmill

[Gaban]

By using a tight stop loss would be very beneficial, especially if doing so traders scalping techniques can minimize the risk better. I like the system that is given by tickmill

yes, and it is highly advisable for traders to always use a stop loss. Stop loss will be able to limit the risk of us so that we can minimize the risks greater. And we also need to discipline against the stop loss

[Money Morkel]

No one has the capability to reduce loss completely in spite of having most powerful analyzing trade knowledge. By the way, I am very lucky to select Trade12 as my trading broker where I am getting all successful trading tips with essential terms and conditions that I always use during my trading for making profit with certainly.

[Gaban]

we can not eliminate the loss in trading forex, we can only minimize losses, using the SL and TP then can we minimize the loss well. and trading skills we must always be increased

[Umama Rana]

I am very lucky to select MXTrade from where I am getting all successful trading tips with essential terms and conditions by Forex eBook that which is very supportive to reduce loss with certainly. so, my trading life is very much comfort and profitable.