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Make stop loss a must, not a maybe!

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Re: Make stop loss a must, not a maybe!

Postby Kristian Lennert » Wed Dec 20, 2017 6:23 pm

Placing stop loss is very important. Neglectful traders don't utilize stop misfortune. They generally stay in a dread of losing trade. Then again taught traders have a methodology and a course of action. That proposes utilizing a stop-loss and a take-profit. When you trade along these lines you are not assessing or betting and you comprehend what the conceivable result can be before you take the trade. I am trading with MaximusFx. I have picked up this broker because it is a regulated broker. In the same place I can trade both forex and binary options.
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Re: Make stop loss a must, not a maybe!

Postby Sininfinity » Sat Feb 03, 2018 7:28 am

Kristian Lennert wrote:Placing stop loss is very important. Neglectful traders don't utilize stop misfortune. They generally stay in a dread of losing trade. Then again taught traders have a methodology and a course of action.


New traders often make this mistake of not putting stops losses and letting losing trades run for a long time and they don't take any action until it's already too late. There are warnings regarding this but for that new traders have to go through learning materials.
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