FA 0038 What Is A Stop Loss

Welcome to episode 38 of the Forex Answers podcast. If you are new to Forex trading, this is a great resource for you to start learning about Forex. Each episode is going to cover one brand new question. And our podcast is 7 days a week.

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In today's episode, we go 180 from our last episode and we cover a stop loss, and we analyze whether they are a good tool to use for exiting positions.


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IN THIS Episode:

  • A tool Forex traders can use to exit trades
  • What a stop loss is
  • Why exiting manually halts Forex consistency
  • Why your analysis is better by using stop losses & take proits
  • Why I say all traders should use stop losses
  • Why stop losses are better than closing out trades manually
  • How you can get caught out trying to close losses manually
  • What I've witnessed both personally and from others when deciding to exit trades manually


  • Our Free 7 day Forex Course - Our free course breaks down 7 important Forex lessons. Over the next 7 days, learn loads about Forex trading

What are your thoughts on stop losses? Should we or shouldn't we? Leave your comments below with your thoughts and if so, how many pips is a good amount to risk.


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The VintagEducation Team