davtrent55
Recruit
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Never
Yeah we can but it's emotionally challenging approach because when you see loss, negative emotions cloud your thinking and you can easily make some mistake like close position early.You can trade without stop loss only when you are present in front of your trading screen,,, Simple and clear.
Yeah we can but it's emotionally challenging approach because when you see loss, negative emotions cloud your thinking and you can easily make some mistake like close position early.
Well said, stop loss is the most important tool for the beginners, it bounds you with limited risk but with that you would also know how to use SL accurately so that you can make profit also.Stop loss is very helpful tool specially for beginners, it makes you bound to trade with a certain risk however its use should be very wise not set it to just some pips that hit very quickly your trading will not make profit for you. It should be monitor properly and change if you feel market is not same as you set SL and it can change your trading results.