Stop loss for beginners is something that is not familiar because most traders just come focusing on the money without considering their forex stop loss.
You need to determine where to put stop loss in forex trading before you even open your trade. How to set stop loss in forex trading will depend on the time frame that you are trading.
Your forex stop loss strategy will need to be practiced consistently for your forex trading career. I’ll have the basics of stop loss explained in this video and also talk a little bit about how your forex stop loss strategy should be like.
The truth about stop losses is that it cannot be one sized fit all for all your forex trading pairs. Where to put stop loss would depend on your risk appetite and system as well.
As you can see, where to place stop loss depends on many different factors. So if you want to know how to set stop loss in forex this is the first stop loss forex strategy video that you should watch.
Singapore youtuber profile:
Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
It’s also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
Road Trip by Joakim Karud https://soundcloud.com/joakimkarud
Music promoted by Audio Library https://youtu.be/vpssnpH_H4c