You need to practice a lot if you wanna become successful, in Forex Trading. Practice makes man perfect.
If we already put stop loss and target, I think also need keep confidence with these plan, whatever result that will obtained with keep discipline will make easier to evaluation and try again with new setup
For that we need perfect analysis of our trade, while we are going to use SL in trade. There is none going to help for this that just because of wrong SL we miss the profits.
Few people make a perfect analysis though. Errors always happen, for some people more often than others. It's important to take these errors into an account when making one's trading plan.
I think difficult to always make perfect analysis, but if having good accuracy more than 80% this is already good skill to analyze market, using stop loss is one way to manage these risk due trend market sometime against trades, we can control the risk but can't control the trend market
Totally disagree, Practice is the only thing that you could do to perfect your trade, with lots of practice you get lots of experience and thus you could earn more money too.
I agree about that. My point was that there will always be errors. No trader trades without loss, that's just not possible, and a person's trading plan should take the possible loss into account. One should absolutely practise as much as possible in order to learn to minimize that loss.