Why put a stop-loss?

Why put a stop-loss?

Many beginners in forex, for the first time hearing about the stop loss to think what he told me when I came to trade profitably? This is the first, and almost the most important mistake made by novice traders. Any sharp fluctuation in the market for a few minutes can "eat" all the capital, which is long and hard to earn. In that case, why risk your nerves, especially if you are not always at hand is the computer and there is no possibility of on-line monitor the quotes? Any trader with experience confirms that, without use of stop-loss is not to achieve stable profits. It's hard to imagine a successful trader does not use this option trading program.

Of course, a newcomer at first difficult to reconcile with the presence of stops. Especially when they are triggered, and after some time the trend goes in the intended direction. However, the stop-loss is necessary to use.

However, still there are desperate novice traders who neglect the main trading rules. But it does not save them. Faceless market will sooner or later punish conceited novice. And the latter have to pay their own money for a lesson on the contents of which have long warned strongly.

Some people choose this way of working in the Forex market, when they repeat the actions of professional traders. This method has become very popular, because traders do not need to think about the job market. In this case, it is very important to choose the right leader, with the help of which will have the opportunity to earn good money.