Stop loss is a part of the Trading - page 2
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Stop loss is definitely a must have. Most brokers have the technology that allows traders to enter positions with a stop loss automatically entered as a pending order. Highly recommend you use this function, helps to eliminate temptation!
It is very unquestionable why stop losses are such a fundamental aspect of trading. Stop limits basically form the chief components of a trading setup. It amongst other things is such an efficient risk management feature that protects your capital from a total wipe-out. Stop losses are literally used to stop the loss of your trading capital. When your stop loss order is hit on a trade, the trade is closed at the current market value.
Stop loss is a part of forex trading. With a stop loss, the greater risk can be minimalized well. because the forex risk is difficult to guess then we need to minimize the risk of using SL when forex trading. So MC can be avoided