Hello, dear blog readers. I am writing this post in a vague sense: whether in anticipation of the New Year, whether in anticipation of the end of the world. . . I do not know whether it makes sense to publish a new article ?!
Sometimes there with you, that in one transaction the depot lost everything? (Happened) there happened that every time the market breaks your feet, and then turns around and goes in the right direction? It may often happen a series of losing trades? One of the reasons why there are such disasters - incorrect installation of stop loss orders.
Sometimes there with you, that in one transaction the depot lost everything? (Happened) there happened that every time the market breaks your feet, and then turns around and goes in the right direction? It may often happen a series of losing trades? One of the reasons why there are such disasters - incorrect installation of stop loss orders.
How to put a stop loss? How to find the optimum level for the stop? And in general, whether it is necessary to put them? Now Let us examine these questions, "the bones"! I'll start from the beginning.
What is a Stop Loss?
Stop Loss (English stop loss.) - The type of pending order is triggered when the transaction is closed open (or part of it). For example, you bought EUR / USD at the price of 1.3650 and set a stop loss at 1.3620. Once the price falls to the level of stop loss, the transaction is automatically closed.
Stop Loss is a useful tool for traders (who is?), Because it allows you to save time and protect yourself from big losses. Having set this order at the opening position, there is no need to constantly monitor the market, as in the worst case, you still can not lose more than established. This is especially critical in a bad Internet connection, when the connection is interrupted at the most inconvenient moment.
Do I need to put a stop loss?
Yes, put the cost! Virtually all systems need to determine the level of the Stop Order to open a trade, but there are exceptions. If you stick to the system of trade, what sense to delay the stop exhibiting on the back burner? Once again test their nerves? They do not rubber, much safer just to limit your losses, it is my opinion, based on personal experience.
what a stop loss
Here, the memory takes me back in 2008-2009, when I first started trading (how was it?)! I then worked without stops, because he did not know before the opening of the transaction, which will close it! I actually did not know anything, did not expect the amount of the position, did not know how to lose a spread in the long term consistency in my actions was missing, and my account because of this much suffering. He tried to open the transaction on the news, to guess the long-term trend, the advantages over the market was not in sight. I think it looks like there are all beginners, tie it right now !!! Have the will and ask yourself these questions, solve them once and for all! You will see how to improve your trading!
How to put a stop loss?
Typed into a search engine "how to put the stop loss" and went on my blog? Now you know the answer ... wait a minute ... in the directory on stock trading you see ... if adequate person do that?!?!?! How do you imagine the answer to this question? It may be "put on the 30 paragraphs below" or "at 10 cm from the top edge of the screen?" My situation is appalling that people ask this question !!! It is not correct in principle. It is impossible to answer this question clearly for all traders. It's like asking "how to invent something that has not yet invented?". Complete crap !!!
I was removed from the sites which advise some way for issuing stop loss! Your way to the best and most suitable for everybody ??? What nonsense !!! Words are not enough, that you can print! For example, the Council has set for the last correction. But no one pointed out that this method is used to trade the trend, and the trend following techniques are hundreds!
how to put a stop loss
What if people learn to trade against the trend (this system), or studying a pair trading, and maybe on the news? I read that in the Russian Internet 98% of the information about stock trading is untrue, completely agree with this (one more confirmation) !!!
The choice of method of exhibiting the stop loss should be started on the basis of your system. No need to read websites that recommend one method or search for answers in the forums, find the answer for yourself! Come up with a few ways of exhibiting and stops each test on your system, in which the trade or just going. Select the most efficient and try to improve it. All! Just like that, but you need to take and get yourself to carry out tests. If you are an intuitive trader and trading without a system, you will prompt the stars, how to set the stop loss. Just kidding, just to trade systematically much easier than at random. Most profitable traders in the system, so join the world if it is not so! Come to the system is not easy, I just changed the tactics of trade, before found his "6 methods of technical analysis, I tried!"
Methods of installation of stop loss.
If you do not fancy make friends, several methods I will help you. For the trend of trade often use tight stops and big profits. Thus, there is a lot of small losses and small trades that pay off losses and make a profit. You can use a fixed number of points, such as 30 paragraphs above or below its opening price, may paragraphs 50 and may be only 10 paragraphs. We need to try it on your system. You can count the last 10 bars, and put a stop below the low of the 10 bars. A very good method. In one of my systems I put a stop to / under the current bar, a profitable system and method.
Stop Loss Example
also suitable fixed number of points for all for countertrend trading. You can start to calculate the level of profit and at the same distance but in the opposite direction to put a stop (or cut in half the distance). You can close the deal on time. For example, if one day after the opening position, the transaction is in the red, then close it. If in the black, then put breakeven.
As you can see, ways to put a stop loss a bunch, it's just what came to mind first. Turn imagination and come up with a couple of hundred more!
Example of setting the stop loss in the MetaTrader4 terminal.
Now I will show you how to put this order in the most popular trading terminal.
When you order the opening of the market, in the input box, there is a special field, as shown below:
stop loss
You set the desired price level for the automatic closing of the position, and you can safely go about your business!
What if you have already opened the order and stop loss set forgot? The panel opened orders choose the right, click on the right mouse button, a window appears:
stop loss
Select the option "Modify or change the Order", a window will appear where you can edit existing or add a new level of stop loss:
stop loss
Conclusion.
If you have a trading system (how to create?) Or a rough plan, do not look for ready-made methods of issuing stop loss. Think for yourself and test your method. I will not write any recommendations they complete on the Internet, he was convinced, if you need recommendations - find. If you want to learn how to trade, then try to seek answers for yourself! You will have experience, and you really find the best, not the first available. Remember that the majority of traders lose money. Do not do this, as do all! Expose stop loss as advised on some website, everyone can fool eventually lose money. You need it? If not, work, try, and do not look for ready-made answers !!! To know how to combine invoicing and stop the volume of orders, I advise this article: "Find out what should be the size of the position!"
What is a Stop Loss?
Stop Loss (English stop loss.) - The type of pending order is triggered when the transaction is closed open (or part of it). For example, you bought EUR / USD at the price of 1.3650 and set a stop loss at 1.3620. Once the price falls to the level of stop loss, the transaction is automatically closed.
Stop Loss is a useful tool for traders (who is?), Because it allows you to save time and protect yourself from big losses. Having set this order at the opening position, there is no need to constantly monitor the market, as in the worst case, you still can not lose more than established. This is especially critical in a bad Internet connection, when the connection is interrupted at the most inconvenient moment.
Do I need to put a stop loss?
Yes, put the cost! Virtually all systems need to determine the level of the Stop Order to open a trade, but there are exceptions. If you stick to the system of trade, what sense to delay the stop exhibiting on the back burner? Once again test their nerves? They do not rubber, much safer just to limit your losses, it is my opinion, based on personal experience.
what a stop loss
Here, the memory takes me back in 2008-2009, when I first started trading (how was it?)! I then worked without stops, because he did not know before the opening of the transaction, which will close it! I actually did not know anything, did not expect the amount of the position, did not know how to lose a spread in the long term consistency in my actions was missing, and my account because of this much suffering. He tried to open the transaction on the news, to guess the long-term trend, the advantages over the market was not in sight. I think it looks like there are all beginners, tie it right now !!! Have the will and ask yourself these questions, solve them once and for all! You will see how to improve your trading!
How to put a stop loss?
Typed into a search engine "how to put the stop loss" and went on my blog? Now you know the answer ... wait a minute ... in the directory on stock trading you see ... if adequate person do that?!?!?! How do you imagine the answer to this question? It may be "put on the 30 paragraphs below" or "at 10 cm from the top edge of the screen?" My situation is appalling that people ask this question !!! It is not correct in principle. It is impossible to answer this question clearly for all traders. It's like asking "how to invent something that has not yet invented?". Complete crap !!!
I was removed from the sites which advise some way for issuing stop loss! Your way to the best and most suitable for everybody ??? What nonsense !!! Words are not enough, that you can print! For example, the Council has set for the last correction. But no one pointed out that this method is used to trade the trend, and the trend following techniques are hundreds!
how to put a stop loss
What if people learn to trade against the trend (this system), or studying a pair trading, and maybe on the news? I read that in the Russian Internet 98% of the information about stock trading is untrue, completely agree with this (one more confirmation) !!!
The choice of method of exhibiting the stop loss should be started on the basis of your system. No need to read websites that recommend one method or search for answers in the forums, find the answer for yourself! Come up with a few ways of exhibiting and stops each test on your system, in which the trade or just going. Select the most efficient and try to improve it. All! Just like that, but you need to take and get yourself to carry out tests. If you are an intuitive trader and trading without a system, you will prompt the stars, how to set the stop loss. Just kidding, just to trade systematically much easier than at random. Most profitable traders in the system, so join the world if it is not so! Come to the system is not easy, I just changed the tactics of trade, before found his "6 methods of technical analysis, I tried!"
Methods of installation of stop loss.
If you do not fancy make friends, several methods I will help you. For the trend of trade often use tight stops and big profits. Thus, there is a lot of small losses and small trades that pay off losses and make a profit. You can use a fixed number of points, such as 30 paragraphs above or below its opening price, may paragraphs 50 and may be only 10 paragraphs. We need to try it on your system. You can count the last 10 bars, and put a stop below the low of the 10 bars. A very good method. In one of my systems I put a stop to / under the current bar, a profitable system and method.
Stop Loss Example
also suitable fixed number of points for all for countertrend trading. You can start to calculate the level of profit and at the same distance but in the opposite direction to put a stop (or cut in half the distance). You can close the deal on time. For example, if one day after the opening position, the transaction is in the red, then close it. If in the black, then put breakeven.
As you can see, ways to put a stop loss a bunch, it's just what came to mind first. Turn imagination and come up with a couple of hundred more!
Example of setting the stop loss in the MetaTrader4 terminal.
Now I will show you how to put this order in the most popular trading terminal.
When you order the opening of the market, in the input box, there is a special field, as shown below:
stop loss
You set the desired price level for the automatic closing of the position, and you can safely go about your business!
What if you have already opened the order and stop loss set forgot? The panel opened orders choose the right, click on the right mouse button, a window appears:
stop loss
Select the option "Modify or change the Order", a window will appear where you can edit existing or add a new level of stop loss:
stop loss
Conclusion.
If you have a trading system (how to create?) Or a rough plan, do not look for ready-made methods of issuing stop loss. Think for yourself and test your method. I will not write any recommendations they complete on the Internet, he was convinced, if you need recommendations - find. If you want to learn how to trade, then try to seek answers for yourself! You will have experience, and you really find the best, not the first available. Remember that the majority of traders lose money. Do not do this, as do all! Expose stop loss as advised on some website, everyone can fool eventually lose money. You need it? If not, work, try, and do not look for ready-made answers !!! To know how to combine invoicing and stop the volume of orders, I advise this article: "Find out what should be the size of the position!"
