Business-Insider

By S. Wade Hansen

Most traders find that it is easier to decide when to enter a trade than it is to decide when to exit a trade. Whether their emotions or a volatile market get in the way, these traders usually end up cutting their profits short and letting their losers run.

Learning how to effectively use stop loss orders can eliminate much of the guess work in your trading and protect you from incurring large losses. It can also help you protect the profits you already have in your trades.

This video was originally a 45-minute presentation. I have broken it up into six smaller sections covering the following topics:

- Using support and resistance levels when setting and adjusting your stop losses

http://www.pfxglobal.com/index.php?o...k=view&id=2139

- Using moving averages when setting and adjusting your stop losses

http://www.pfxglobal.com/index.php?o...k=view&id=2131

- Using the Parabolic SAR when setting and adjusting your stop losses

http://www.pfxglobal.com/index.php?o...k=view&id=2132

- Identifying an appropriate risk/reward ratio when setting and adjusting your stop losses

http://www.pfxglobal.com/index.php?o...k=view&id=2133

- Using FX options instead of stop losses

http://www.pfxglobal.com/index.php?o...k=view&id=2137

- Bringing it all together, a summary of effective stop-loss practices

http://www.pfxglobal.com/index.php?o...k=view&id=2138
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