All language subtitles for TraderFX9004 - 4

of course are a very important
aspect of trading. So in the

and then we can move into
position sizing and I'll show

the next video we will go
through some on-chart examples

to protect profits as well. Um
and I think talking through all

going to hit stop loss inside
of profit and close the trade

at a profit. Now that is of
course very very useful because

when the market moves back down
again if it was going to cross

protect our profits now what I
mean by this is when we've got

a trade on and it runs into
profit and it is running nicely

next video let's talk about
stop loss orders on the chart

profit so regardless of what
happens we cannot lose Right in

the profit region that means if
the price comes back down it's

we win from our stop loss being
triggered when it's already in

of this is going to be very
important because stop losses

firm location. I'll show you
how you can utilize a stop loss

your stop loss is definitely a
big no no. So your stop loss

use them for good as well so we
can utilize stop loss orders to

substantial amount if not your
entire account. So removing

in your head. Chances are well
not chances are. 100% fact it

If you remove your stop loss it
can lead to infinite loss. Now

must be kept firmly in place.

point and when that stop loss
order is now at the entry point

loss it's going to lead to an
inflated loss as I just said.

could keep going forever. And
if it doesn't keep going

to move into profit okay and
when we move our stop loss into

you how it all ties together to
form this brilliant risk versus

of stop loss usage and why you
must keep your stop loss in a

either win from the take profit
the major target being hit or

it means we can make a trade a
win win scenario where we

to have a well set stop loss
and ah a good note as well is

runs far enough into profit we
can even then use our stop loss

over into loss it will close us
out at the entry point and what

that does is protects us from
losing any money so when it

that's going to break your risk
reward strategy by making your

manage to go that low the trade
is wrong and we are right to

So stop loss orders we know are
very important must be utilized

get out with a small loss so
when we are in a trade we have

So why can we not move our stop
loss? If you move your stop

place. You cannot move your
stop loss further away because

of our trade it means that we
can no longer lose right if the

enter market moves up we move
our stop loss to the entry then

we can actually then move our
stop loss order to the entry

market comes back down away
from our profit so right say we

with every trade must be used
in line with position sizing to

no matter how much you think
the market's going to come back

achieve a good risk versus
reward approach and we can also

when we are in that trade the
stop loss must be kept firmly

in the market in which price
moves through it we are

because we then calculate
position size according to the

invalidated our trade is
invalidated that is where our

stop loss is going to go
because we know unless the stop

loss goes that low our trade is
valid but if our stop loss does

point based on technicals so
for example if there is an area

without fail and without
exception to control your risk,

stay within the boundaries of
the risk versus reward

successfully use stop losses we
have to find a logical cutoff

forever it can keep going far
enough to wipe out a

risk bigger on this trade than
it normally is on other trades.

have to work out where your
stop loss is going to go

stop loss orders before we
enter any trade now that means

approach.

control. Stop loss orders must
be used on every single trade

trades are cut off to prevent a
loss from growing out of

that set hypothetical $1 per
trade so in order to

before we even think about
jumping into a position you

stop loss and then that is how
we make sure we are risking

To comply with our risk reward
strategy we have to pre-plan

right? This is the only way to
succeed and the only way to

Welcome back to the course. In
this video we're talking about

stop loss orders. So stop loss
orders are a level where losing

reward approach. So I'll see
you in the next video.