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Re: Stop Loss poll
Hi All,
I see there are different ways in using SL & TP:
(1) SL can be used in a winning trade to protect profit.
(2) TP can be used in a lossing trade to reduce loss.
(3) TP in a winning trade can be called "stop profit" since the market is most likely not change it direction and you've stop the equity increase .
(4) SL in a lossing trade, in my opinion, should not be used since it is the worst thing we can get (compare to the other 3 cases)
Regardless the use of SL, it can be hunted. I seldom use SL.
Happy trade to All!
CuongVC
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