Stop Loss

Not all of stop loss hunters are scheming brokers who want to trade against you. Sometimes, falling into the trap of stop loss hunters is due to your own mistake. What can you do to protect your money from them?

For some people, Stop Loss is a taboo and very uncomfortable to be applied. But you need to know that Stop Loss can be useful to protect your trading balance.

Shifting Stop Loss (SL) is what commonly called as trailing stop, and it is done mainly to protect the profit we have gained from our ongoing trades. It needs particular diligence to apply Trailing Stop manually.

Underestimating Stop Loss could lead to bankruptcy, especially if you are a beginner who doesn't know how to manage risks and only go for profit without analyzing the market situation.