how to place a perfect stop loss?
According to my knowledge, a stop loss is very good for traders if you are trading a very volatile pair with a large average daily range. If you are going to be away from your PC for a long time and you are unsure of your analysis, then install a stop loss. Also, if you are a newbie always use a stop loss.
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who should trade without stop loss?who should trade without take profit limit?ho should trade without hedging is position? your sincere answer to above question will tell why you need to trade with stop loss..
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