Effective Stop Loss Trading Strategies
In a forex market where fundamental and technical factors impact the currency pair prices, volatility is expected. If the price volatility acts against the speculation made by traders, it can result in significant losses for them. This is where a stop-loss order comes to their rescue. It is one of the vital investment risk management tools that traders can use to limit potential downside as markets get volatile. Read on as we share its definition and several strategies you should consider to remain calm even as markets go crazy.
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