Trading Strategies: Where to Place Your Stop Loss Order

Using Stop Loss orders is an integral part of trading forex and stocks. It protects traders against mistakes and limits the damage to their accounts, increasing the odds of success. But finding the right Stop Loss levels can be a challenge, especially in markets that are more volatile than average like gold, oil and silver. David Jones takes us through the process of determining support and resistance levels that serve as guidelines for this, covering several scenarios and how to tackle them.

Comments

1. thanks
2. Thanks ...great videos
3. Really great and educational videos. Congratulations David Jones and Trading 212! It would be interesting to know more about the way to look at the charts when looking for trends. Let me explain. In this video, David looks to a market's evolution during the past 6 weeks. I wonder if by looking at what happens in a particular market during the last, let's say 2 months, is data enough for us to decide whether there is a trend or not. At the same time, would this 2 months of history data be enough to set the support and resistance levels? Or maybe these levels should be set more on daily basis for daily traders? Thanks in advance and, once again, congratulations for such great videos!
4. hi there is any winning strategy or pair for winnig the rally...please replay me...
5. Hello, I am a young trader and I want to learn more about markets and what moves them as well as trading opportunities such as CDO, CDS and short selling. I want to learn about these areas and am looking for the specific name for this area or a online course I can take. Thanks and keep making the great videos I watch them all ( you market psychology video really helped)
6. I love these videos, really useful for beginners like me trading on a demo account!
7. How's about using the trend as a trailing stop ?
8. another wonderful video . confidently able to trade thanks to down to earth approach , easily able to make decisions on trend direction & stop losses and taking full advantage out of it . nifty50 index is following it word to word . would love to hear David on Whipsaws , range-bound , choppy situation when market is not trending and not giving any clear direction.
9. great videos, really helping me to understand the basics👍
10. crude oil strategies??
    entry, exit, and SL
    thanks