Number of messages : 141 Points : 1611 Date of Entry : 2019-11-11 Residence Country : Bangladesh
I think there’s no certain about the use of SL since, it will be our responsibility to know what will be our risk to be taken in our trades. Since, after all this will still be helpful for us who made mistake in our trades and to still have to chance to recover. Yes , if we want to survive the market particularly in reaching MC then, we must have stop loss.
Number of messages : 69 Points : 1505 Date of Entry : 2020-03-13 Residence Country : Bangladesh
Entry and exit of a trade is very important. If your entry is wrong, you lose money. Same may happen with exit also. But everything depends on your trading strategy and style. There is no simple answer. Your strategy will tell you when to buy and when to sell. Find a strategy that suits you.