Ashley Jessen from http://www.capitalcfds.com.au says "Professional Forex traders understand how critical it is to cut their loss on any one trade as a loss in capital of 25% takes 33% to get back to break even and a loss of 50% takes 100% to get back to break even. The emotional freedom you receive when you cut a larger than normal loss can be quite overwhelming as it truly frees your mind and your ability to think clearly."
Capital CFDs offers an automated stop loss policy on every Forex trade so should a trader forget to place a stop, you are covered with their automated stop loss facility. This is calculated automatically and ensures that if your position were to run against you significantly, then your trading account would have a degree of protection.
"Stop losses allow smart traders to predetermine their risk and put the odds in their favour by only selecting Forex trades where the potential reward is 2-3 times the size of that risk. If the trade doesn't work out, you have a relatively small loss and you can move confidently to your next trade." says Ashley Jessen.
"Traders need to be proactive and use sensible trading strategies that put the odds in their favour by cutting losses off short and ensuring they have the opportunity for good upside. Capital CFDs automates that one critical component of all successful traders by having a stop loss mandatory on every single trade. It's important to understand as well that every trader has complete control over where they place their stop loss and amending the automated stop loss takes seconds." Jessen says.
For more information on the Capital CFDs automated Stop loss facility, visit their website at http://www.capitalcfds.com.au
Capital CFDs is a trading name of London Capital Group Pty Limited and is fully owned by London Capital Group Holdings Plc which is listed on the London Stock Exchange. London Capital Group transacts over 30,000 trades each day and has over 70,000 clients globally. Capital CFDs is regulated by ASIC under AFSL 364264
While Capital CFDs attempts to ensure that the information herein is accurate at the date the information was produced, however, Capital CFDs does not guarantee the accuracy, timeliness, completeness, performance or fitness for a particular purpose of any of the information provided herein and under no circumstances are they to be considered an offer, solicitation to invest or be construed as giving investment advice.