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[highspeed]

That Froex is a high-risk investment, well, we should all know that.
Every forex website or applications, warn in advance that there is a high possibility of losing the money invested.
However Forex Apps such LIBERTEX use the stop-loss system. It is set in a percentage value. If the trading operation involves a loss exceeding the value set by the user, the negotiation will be closed, and the loss is limited to that value.
But this is just a preset limit and nothing more.
What are your opinions about the stop-loss system?

 

[felicia1]

That is very important to avoid blowing your account.

 

[highspeed]

That is very important to avoid blowing your account.

Yes, but about this, there is something that does not come back to me about LIBERTEX application, and therefore to all the same ones, based on online trading.
But to make you understand, first I need to ask you if you know them or you have at least tried them even just with the demo account.
Thank you

 

[eurolover]

Ofcourse, stop loss is useful in trading. It minimizes your trading loss by ensuring that losses won't grow too big.

 

[highspeed]

Ofcourse, stop loss is useful in trading. It minimizes your trading loss by ensuring that losses won't grow too big.

Well, in fact I already understood this. However, it seems that this service, included in the application LIBERTEX, stops the operation precisely for this reason.
But I don't understand until when I can close the trade and how long it can proceed, regardless of not exceeding the losses determined by the stop-loss.

 

[LutherKing]

I will say yes , it saves you from big losses , and is usually available in every exchange you can make use of this feature , trade on coins that are not common to public and when they have been dumped take small chance and see what happens out for you to be best

 

[highspeed]

I will say yes , it saves you from big losses , and is usually available in every exchange you can make use of this feature , trade on coins that are not common to public and when they have been dumped take small chance and see what happens out for you to be best

OK! I got it. Thank you. But currently on LIBERTEX, the minimum deposit is at least € 100. I ask: Is there another platform, with a significantly lower deposit limit on the account?

 

[shrey1408]

Yeah mate, using stop-loss while trading is very beneficial as it helps to avoid a loss in investment when you are not having a watch on the market.

 

[highspeed]

Yeah mate, using stop-loss while trading is very beneficial as it helps to avoid a loss in investment when you are not having a watch on the market.

Ok. So let's say, it guarantees that the losses do not exceed a predetermined percentage threshold. But, it does not give any warrant of possible positive profit. However if so it is still a great system.
Did I say goog my friend?

 

[earnmoneyonline]

As a trader, you have to be aware that any trade can go against you, no matter how confident you are about it. This is why you always have to know where you will stop out if things go wrong. In other words to protect yourself, you have to use a stop loss.

 

[Bajaj]

I have been trading for over three years and I use the restriction to save my money. You need to understand that there are big risks in trading. Experience is certainly good, but the market is not always in your hands. It is better to lose a few tens of dollars than to lose the entire amount.

 

[Razor1911]

Obviously it is useful. I would say it is necessary to use stop loss. The forex market may move suddenly from here to there and that is a worst time that you may get margin call. If you want to avoid such situation, then stop loss will help from such sudden spikes of the market.

 

[pipcrawler]

Ofcourse, using a stop loss is useful while trading. After all, it helps in avoiding blowing up your trading account.

 

[Razor1911]

Ofcourse, using a stop loss is useful while trading. After all, it helps in avoiding blowing up your trading account.

Stop loss is a tool which I think every trader should use. With the help of this, I myself have saved my account from getting margin call. And in volatile market it becomes even more important that you should protect sudden spikes in the market by applying proper stop loss.

 

[forexsavvy]

Stop loss is the backbone of any forex trade, just like we can't stand a second without backbone, without SL, trades will also fall beyond your risk limits and you'll end up with huge loss, sometimes can wipe out your wallet balance too when continuous margin calls hit.

 

[Razor1911]

Stop loss is the backbone of any forex trade, just like we can't stand a second without backbone, without SL, trades will also fall beyond your risk limits and you'll end up with huge loss, sometimes can wipe out your wallet balance too when continuous margin calls hit.

Stop loss is tool which is needed the most while trading. Another one is the trailing stop loss. It is the best tool I have seen for trading. It is an auto adjustable stop loss which moves according to the price movement and the value set for it by the trader.

 

[highspeed]

I have been trading for over three years and I use the restriction to save my money. You need to understand that there are big risks in trading. Experience is certainly good, but the market is not always in your hands. It is better to lose a few tens of dollars than to lose the entire amount.

I got it, my friend. However, in your opinion, could the stop-loss system be more useful to long-term investors, or to short-term ones?
Thank you.

 

[highspeed]

@Razor1911 @shrey1408 and @all
I understand the usefulness of the stop loss, to drastically reduce losses, in the event of an investment fall.
However, this tool definitively closes every operation, so it would not allow me to continue. Now given the known continuous fluctuations, especially in crypto trading, this would not give me the opportunity to continue, in case there was a sudden upward surge.
Obviously I speak for a not too high amount of money invested.
Do you all agree on this?
Thank you

 

[sh199]

I think if anyone is a day trader then stop loss is a better option for preventing loss. Any trader who does not trade as day trading then does not depend on the coin's price because if the project is great then it will go jump one day.
(this only apply in crypto industry)

 

[highspeed]

I think if anyone is a day trader then stop loss is a better option for preventing loss. Any trader who does not trade as day trading then does not depend on the coin's price because if the project is great then it will go jump one day.
(this only apply in crypto industry)

Well, effectively the highest risk is mostly in cryptocurrency trading.
But I'm sorry, for day trader, do you mean short-term investors?