Trading Bias: Setting Effective Stop losses

In this video we’ll explain why setting effective stop losses is essential for a successful trading strategy. An important part of your trading plan is risk management, and stop losses are very powerful tools for keeping your risks under control. Learn the main rules of setting effective stop losses and subscribe to our channel for more trading education goo.gl/RnrWkD.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

[@subodhceb]

Very precisely explained.

[@Capitaltrading]

Thanks subodh!

[@ShelLuser]

Excellent advice indeed. I'm currently exploring the Capital platform and although I have made some (small) investments I'm mostly focused on my demo account for now. Well... I can advice everyone who might be reading this to do the same; it'll show you _exactly_ what David is talking about here.
I especially appreciated the extra emphasis on item 4: the financial impact on our account. There's a difference between a broker who only recites technicalities or those who *also* keep their customers wellfare in mind. That's what I'm seeing here.

[@bunnavoun]

THANK YOU

[@dariodiaz9937]

Thanks a lot Capital.

[@jackermanx]

Would be nice if we could use the Trailing Stop as well

[@truthisnotanopinion71]

What do you mean by" taken out", how does that work?

[@carlo9524]

Problem is if you set the stop loss just below the low or just above the high, that is the obvious place you get taken out.

[@somi.rsl1]

They sole my money then want to learn me how to stop stealing from them 😂😂😂

[@joysiebrother7062]

Mine too