Stop loss, good or bad?

JamesForex123

Trader
Jan 8, 2018
35
0
7
42
It all depends what you are trading and your trading style but I would say a stop loss is vital for most people to avoid totally blowing your account.
 

Ary Barroso

Active Trader
Jul 9, 2017
908
71
39
35
I don’t see any disadvantage of SL unless setting is into a wrong place! SL is the best tool to protect traders trading capital.
 

J_C_Anderson

Trader
Aug 15, 2018
64
9
19
44
For sure, SL should be in a right place, or it would cause additional losses. The level to place SL is as important, as initial entry level, but only few traders understand it.