To most traders, having a benefit target is natural, yet barely anybody contemplates putting a stop loss. The reason for a stop loss is basic yet basic. It is basically a level that guides you to exit the exchange with a worthy loss on the grounds that the exchange isn't going your direction. Awfully ordinarily in my career as a trader and mentor, I have seen incalculable traders explode their accounts basically in light of the fact that they refuse to put a stop loss for each exchange. With regards to trading the forex market, we will never be correct constantly. The reason for a stop loss is to support us, not hurt us.